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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Palomar to Join San Leon in Poland Shale Hunt

Palomar Natural Resources San Leon Energy
AnnouncedJul 1, 2014
TypeJV
LocationPoland Shale
Announced Date
July 01,2014
Transaction Type
JV
Enterprise Value (EV)($MM)
20




Snapshot
Asset/Basin:
{"Permian Basin (Poland)"}
TargetZones:
{"Permian Rotliegend
Location
Region
Europe

Country
Poland

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San Leon Energy has signed a joint venture agreement with Palomar Natural Resources across seven Concessions in Poland’s Permian Basin initially focused on developing the discovered, unproduced Siekierki and Rawicz gas fields.

Highlights: Joint venture agreement signed with Palomar Natural Resources across seven
Concessions in Poland’s Permian Basin PNR has paid $5 million and $15 million cash upfront for a 65% working interest in each of the Southern Permian Basin and Northern Permian Basin Concessions, respectively San Leon carried for defined initial work programme aimed at bringing the…



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Price History



Date Deal Headline Price$/acre
Mar-27-2014 TransAtlantic to Join San Leon in Polish Concession Project - -
Jun-06-2012 San Leon and Hutton To Jointly Develop Polish Shale - -
Aug-26-2011 San Leon Energy Acquires Realm Energy - -