logo-loader
view3Legs Resources

3Legs Resources prepares for long term testing after Poland’s largest frack

oildrillingrig350_53db81d4ecd6b.jpg

3Legs Resources (LON:3LEG) is preparing its Lublewo well for clean-up and long term testing following the completion of the largest multi-stage fracking programme in Poland to date.

The programme comprised 25 stages, executed across 1,469 metres, and saw 7.7mln lbs (almost 3,500 tonnes) of sand injected under pressure into the shale well.

Working alongside ConocoPhilips, 3Legs has drilled eight wells and fracked six of them. Previously, in 2011, the largest frack carried out by the company saw 2.9mln lbs of sand used in 13 stages across 1,000 metres.

"We are now into the final phase of our 2013/14 drilling programme, namely the stimulation and testing of our long lateral section at the Lublewo LEP-1ST1H well,” said chief executive Kamlesh Parmar.

“We are confident that we have incorporated all the available learnings we have acquired to date into the design and execution of the stimulation programme, and that we have taken all steps to ensure that the forthcoming well test has every chance of success.  

“We are pleased to be continuing to implement our 2013/14 drilling programme on time and as announced last November, and we look forward to sharing further news with the market in due course."

Quick facts: 3Legs Resources

Price: - -

AIM:3LEG
Market: AIM
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Hexagon Resources updates Proactive on investor discussions...

Hexagon Resources Ltd (ASX:HXG) managing director Mike Rosenstreich has recently returned from a two week roadshow and shares the highlights with Proactive. The company has also recently updated its name to Hexagon Energy Materials to better reflect the changing focus of the company.

9 hours, 22 minutes ago

2 min read