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Kolibri Global Energy Inc BNKPF

Kolibri Global Energy Inc, formerly BNK Petroleum Inc is an exploration company. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada and Other.


GREY:BNKPF - Post by User

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Post by germtech1on Jan 27, 2011 10:03pm
200 Views
Post# 18038334

FX Energy reports

FX Energy reports
FX Energy confirms gas in sandstone deposits
27th January 2011
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American oiland gas explorer and producer FX Energy reports that has found"excellent" gas shows in Lisewo, northern Poland. The gas was discoveredin sandstone deposits at a depth of 3,810 meters using a drillingprocess known as coring, the company wrote in a statement.

FX Energy is planning to test the finding to decide if it iscommercially exploitable. Further exploration work is scheduled to becarried out at Lisewo.

The company operates on the US and Polish markets. It owns 49 percentof the Lisewo well. Polish gas monopolist PGNiG, which is the operatorof Lisewo, owns the remaining portion.

Other drilling giants currently exploring for Polish deposits includeCanadian Lane Energy, Polish refiner Orlen and Energia Zachód, which is90 percent owned by British Aurelian Oil & Gas. American Chevron,Eur-Energy Resources, international ExxonMobile and Marathon Oil areamong other companies also exploring for shale gas.

Apart from Lisewo, the main Polish shale wells are located in Lebien, Siekierki and Markowola.


From Warsaw Business Journal byKatarzyna Piasecka
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