Three Minute Interview

By

 27 September 2012 22:59 GMT

London-listed 3Legs Resources is widely credited with producing the first gas from a hydraulically fractured horizontal shale well in Europe. The company is currently focused on exploration in Poland, where it holds six concessions covering more than 1 million acres in the Baltic basin. 3Legs also has licences in southern Poland and in Germany.

The company has a partnership in the Baltic basin with US major ConocoPhillips, which funded the seismic and drilling of three wells in the Damnica, Lebork and Karwia concessions. Under the terms of the deal, ConocoPhillips has a right to acquire a 70% stake in the licences and to take over as operator.

3Legs chief executive Peter Clutterbuck previously helmed Orca Exploration, and has managed other independent oil and gas companies in South America, Asia, Africa and the former Soviet Union. He recently spoke with Upstream on the sidelines of the World…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index