Assets

The Krakow project – Southern Poland

The Krakow project is located in southern Poland, in a region that is north-west of Krakow and comprises three contiguous licence areas of approximately 2,517 sq. km (622,000 acres) in total.

No seismic or drilling activities have been carried by the Group out to date on these areas.

Set in the North Carpathian Basin, our target reservoirs are in the Devonian Dolomite and Carboniferous Limestone zones.

We intend to commence a program of seismic acquisition and the drilling of a stratigraphic well this year. The stratigraphic test well is not expected to result in a commercial discovery, but will enable the acquisition of core and log data to better understand reservoir potential.