San Leon plans new boreholes in Poland

San Leon, a company specializing in oil and gas extraction, said on Friday that it considers drilling new shale gas boreholes, including one in Poland’s Rawicz, simultaneously abandoning works in 9 places in the country. The joint venture undertaking with Palomar should be finished within 2014, says the company’s statement. San Leon’s CEO Oisin Fanning said that the three boreholes, one in Rawicz and two in the Permian Basin are very significant for the company and that the next borehole, named Gdańsk Zachód, is planned in Lewino.