BNK spuds Polish well

REUTERS/SCANPIX

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Andrew Hobbs

, Andrew Hobbs

 29 February 2012 06:28 GMT

US-based BNK Petroleum has spudded its first well on the Trzebielino concession onshore Poland’s Baltic basin as it seeks to confirm organic shales over its oil and gas concessions.

The Miszewo T-1 well is expected to take about 40 days to drill, and is the first of two planned over three concessions held by BNK’s wholly owned subsidiary Indiana Investments near the Polish city of Kozsalin.

The rig will move to the Gapowo location on the Bytow concession block once the well is completed to continue testing the company’s hypothesis that the target shales were deposited in a deeper basin environment than previously accessed.

BNK expected the deeper nature of the deposit would lead to richer and thicker organic shales than found…

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