12 October 2011
San Leon Energy Plc
("San Leon" or the "Company")
Spudding of Belvedere-1 Well
San Leon is pleased to report that the Belvedere-1 exploration well has spudded. This is the second well in the Company's two-well drilling programme in the Nida Concession (San Leon 100%) in southern Poland. The well is planned to reach a total depth of 1,000 meters and will test multiple targets on trend with the Plowowice and Grobla oil fields.
For further information contact:
San Leon Energy Plc |
Tel: + 353 1291 6292 |
Oisin Fanning, Executive Chairman Dr John Buggenhagen, Exploration Director
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Macquarie Capital (Europe) Limited |
Tel: +44 (0) 20 3037 2000 |
Paul Connolly Ben Colegrave John Dwyer
Arbuthnot Securities Antonio Bossi Richard Johnson
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Tel: +44 (0) 20 7012 2000 |
College Hill Associates |
Tel: +44 (0) 20 7457 2020 |
Nick Elwes |
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Qualified person
John Buggenhagen, who has reviewed this update, has over 15 years experience in the oil & gas industry. He has a Ph.D. and M.Sc. in Geophysics from the University of Wyoming and a B.Sc. in Geophysics from the University of Arizona. He is currently the Director of Exploration for the San Leon Energy Group and based in San Leon's Warsaw office in Poland.