Shale Gas Investment Guide vol. 6

GEOLOGYLOW TOC, HIGH CLAY

UKRAINE OPERATIONS UPDATE

WINTER 2013

POLAND SHALE COALITION | INDICATORS | WHO’S WHO IN EUROPEAN SHALE

USA $32 | $30CAD | POLAND 100 PLN + VAT | EU €25 | UK £20

GUIDE

SHALE GAS investmentEU 27

CONCESSIONS LISTING

Exalo Drilling S.A.

ExperienceSynergyQuality

Exalo Drilling S.A. is one of the largest providers of drilling and oilfield services in Central and Eastern Europe(CEE). The strategic goal of the company is to offer top quality services and maintain the leading position on the onshore drilling market.

Exalo Drilling S.A. continues the rich tradition of Polish exploration as it arose from five upstream companies of PGNiG Group: PNiG Krakow S.A.,PNiG Jaslo S.A., PNiG NAFTA S.A., PN Diament Sp. z o.o., and ZRG Krosno Sp. z o.o., which have unique experience in running drilling and service operations. The companies greatly contributed to the development of extraction of petroleum, gas and other natural resources in the territory of Poland and many countries all over the world .

The joint potential of five companies means a strong team of highly competent and experienced specialists as well as comprehensive technological base that allow to meet customer expectations and fulfill the growing demand of international markets.

www.exalo.pl

[email protected]

Please visit our booth 32 at Shale Gas Europe 2013 in Warsaw!

BakerCorp Poland Sp. z o.o.

Sierpów 33 | 95-035 Ozorków | Polska

+48 (0) 604 113 028 | [email protected]

www.bakercorp.pl

NEED FOR

FRAC TANK

SOLUTIONS ON

YOUR WELL PAD?

CALL BAKER!

Faced with short timelines and

complex situations, providing liquid

storage equipment is crucial for our

customers, particularly in Oil & Gas.

BakerCorp helps in all situations

when integrated storage solutions are

needed.

BakerCorp offers mobile storage

tanks, containment berms and

ancillaries. Whatever liquid solution

you need, we can offer you an

integrated solution anytime anywhere.

Już w Polsce !




+48 (0) 604 113 028 | [email protected]

www.bakercorp.pl

NEED FOR

FRAC TANK

SOLUTIONS ON

YOUR WELL PAD?

CALL BAKER!







needed.






Już w Polsce !




+48 (0) 604 113 028 | [email protected]

www.bakercorp.pl

NEED FOR

FRAC TANK

SOLUTIONS ON

YOUR WELL PAD?

CALL BAKER!







needed.






Już w Polsce !

w w w.cle antechpol and.com | 3

4 | Shale Ga S Inve S tm ent GuIde | Winter 2013

High Performance Products and Services

– OCTG

– Premium Connections

– Accessories

– Line Pipe

– Coiled Tubing

– Field Services

Ploiesti

Silcotub

Dalmine

Lublin Basin

Baltic Basin

Gdansk

Lublin

www.tenaris.com

Tenaris understands that every shale play is different

and every customer‘s challenge is unique. Providing

customized technology and reliable product quality

to minimize risk and maximize efficiency, we offer

integrated product and service solutions for every

stage of shale operations. Our TenarisHydril premium

connections deliver exceptional torque, bending

and compression for challenging extended reach

wells. Our Dopeless® technology offers additional

operational and environmental benefits. Tenaris’s

regional field services and technical assistance

teams are available 24/7, backed by global networks

of R&D, manufacturing and service centers.

Integrated Solutions for Unconventional Applications.

Tenaris provides field service support in the Eagle Ford shale for a local operator.

■ Shale Plays ■ Manufacturing Locations■ Service Centers — Delivery to the wells

ten117_polish_shale_ad_0719.indd 1 7/23/13 9:37 AM


High Performance Products and Services

– OCTG

– Premium Connections

– Accessories

– Line Pipe

– Coiled Tubing

– Field Services

Ploiesti

Silcotub

Dalmine

Lublin Basin

Baltic Basin

Gdansk

Lublin

www.tenaris.com

Tenaris understands that every shale play is different

and every customer‘s challenge is unique. Providing

customized technology and reliable product quality

to minimize risk and maximize efficiency, we offer

integrated product and service solutions for every

stage of shale operations. Our TenarisHydril premium

connections deliver exceptional torque, bending

and compression for challenging extended reach

wells. Our Dopeless® technology offers additional

operational and environmental benefits. Tenaris’s

regional field services and technical assistance

teams are available 24/7, backed by global networks

of R&D, manufacturing and service centers.

Integrated Solutions for Unconventional Applications.

Tenaris provides field service support in the Eagle Ford shale for a local operator.

■ Shale Plays ■ Manufacturing Locations■ Service Centers — Delivery to the wells

ten117_polish_shale_ad_0719.indd 1 7/23/13 9:37 AM


27-28 November 2013EXPO XXI Warsaw

Creating Solutions for Shale gas OperationsVeolia Water Solutions & Technologies helps Shale Gas

producers to reduce water and waste management costs and minimize environmental risks. Veolia has a wide variety of �exible and proven processes and

technologies available for pretreatment and treatment of �owback, produced water and formation water. �ese technologies focus on waste reduction, water

recycle and reuse, and ZLD (Zero Liquid Discharge). Experience in USA and 20 years in Poland.

Hays is the world’s leading company in recruiting quali�ed, professional and skilled work. Today, with

more than 10 specialism, 190 employees and 8 o�ces, we are proud to have grown into the largest specialist

permanent recruitment company in Poland. Hays Energy team is dedicated to serve Energy, Oil and Gas

sectors and since its launch in 2007, the team has covered over 200 placements for middle and top

management functions.

Apex Contracting provides a range of energy services, including seismic, construction and logistics for water,

waste and related oil�eld services. In Poland, Apex provided permitting and compensation for ION

Geophysical on Poland SPAN. Apex was responsible for well pads, sound walls and roadway construction,

working for clients such as Marathon Oil, Chevron and Halliburton. In Iraq, Apex is providing construction

services in Kurdistan for HESS.

Bireta provides technical translation services up to several thousand pages per month. A project

management team guides translators and proofreaders in the construction, process control, electrical,

mechanical, natural gas and information technology sectors. Projects include FGD Plants, wind farms, power units, CFB boilers, Combined Cycle Power

Plants, CCS plants, NOx denitri�cation plants, and the LNG Regasi�cation Terminal.

C.H. Robinson is a third party logistics (3PL) providers o¢ering multimodal transportation services

and logistics solutions. In Poland, C.H. Robinson works with operators and service companies to

manage air and ocean freight forwarding, customs brokerage, intra-continental distribution, documenta-

tion, and regulatory requirements.

SSW Law Firm provides legal services to oil & gas and mining entities, concerning all aspects of their

operations. SSW’s experts represent entrepreneurs in concession proceedings, environmental proceedings,

investment proceedings, JV and M&A. SSW has advised industry leaders during competitive

concession proceedings, in relation to natural resources available in Poland: hydrocarbons, metals,

black coal, lignite, potash and dolomites.

�e Poland Shale Coalition (PSC) is an industry organization open to anyone which advocates for the safe and environmentally responsible production of

oil and gas. PSC was founded by Cleantech Poland to bring the oil and gas operator and service companies

into a dialogue with local communities. Founding members are welcome.

[email protected]

Linde Gaz Polska is the company specialized in the production and distribution of industrial gases,

including the delivery of integrated gas solutions. Linde Gaz Polska is the subsidiary of �e Linde Group,

world-leading gases and engineering company with around 62,000 employees in more than 100 countries

worldwide and has been in Poland since 1993.

TECH-POMP SERWIS was founded to provide best quality services for Oil & Gas Industry, as an extension

of Tech-Pomp LLC - pump distributor and pump unites manufacturer, operating on European market

since 1991. We supply liquid transfer installations including water transfer to support fracking, pump sets for various applications, customized manifolds,

pipes and �ttings, according to speci�c well site arrangements.

PremiumConference Floor

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Networking

Area

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PAVILION39

Our clients

For contact information please visit the directory from page 72


27-28 November 2013EXPO XXI Warsaw

Creating Solutions for Shale gas OperationsVeolia Water Solutions & Technologies helps Shale Gas

producers to reduce water and waste management costs and minimize environmental risks. Veolia has a wide variety of �exible and proven processes and

technologies available for pretreatment and treatment of �owback, produced water and formation water. �ese technologies focus on waste reduction, water

recycle and reuse, and ZLD (Zero Liquid Discharge). Experience in USA and 20 years in Poland.

Hays is the world’s leading company in recruiting quali�ed, professional and skilled work. Today, with

more than 10 specialism, 190 employees and 8 o�ces, we are proud to have grown into the largest specialist

permanent recruitment company in Poland. Hays Energy team is dedicated to serve Energy, Oil and Gas

sectors and since its launch in 2007, the team has covered over 200 placements for middle and top

management functions.

Apex Contracting provides a range of energy services, including seismic, construction and logistics for water,

waste and related oil�eld services. In Poland, Apex provided permitting and compensation for ION

Geophysical on Poland SPAN. Apex was responsible for well pads, sound walls and roadway construction,

working for clients such as Marathon Oil, Chevron and Halliburton. In Iraq, Apex is providing construction

services in Kurdistan for HESS.

Bireta provides technical translation services up to several thousand pages per month. A project

management team guides translators and proofreaders in the construction, process control, electrical,

mechanical, natural gas and information technology sectors. Projects include FGD Plants, wind farms, power units, CFB boilers, Combined Cycle Power

Plants, CCS plants, NOx denitri�cation plants, and the LNG Regasi�cation Terminal.

C.H. Robinson is a third party logistics (3PL) providers o¢ering multimodal transportation services

and logistics solutions. In Poland, C.H. Robinson works with operators and service companies to

manage air and ocean freight forwarding, customs brokerage, intra-continental distribution, documenta-

tion, and regulatory requirements.

SSW Law Firm provides legal services to oil & gas and mining entities, concerning all aspects of their

operations. SSW’s experts represent entrepreneurs in concession proceedings, environmental proceedings,

investment proceedings, JV and M&A. SSW has advised industry leaders during competitive

concession proceedings, in relation to natural resources available in Poland: hydrocarbons, metals,

black coal, lignite, potash and dolomites.

�e Poland Shale Coalition (PSC) is an industry organization open to anyone which advocates for the safe and environmentally responsible production of

oil and gas. PSC was founded by Cleantech Poland to bring the oil and gas operator and service companies

into a dialogue with local communities. Founding members are welcome.

[email protected]

Linde Gaz Polska is the company specialized in the production and distribution of industrial gases,

including the delivery of integrated gas solutions. Linde Gaz Polska is the subsidiary of �e Linde Group,

world-leading gases and engineering company with around 62,000 employees in more than 100 countries

worldwide and has been in Poland since 1993.

TECH-POMP SERWIS was founded to provide best quality services for Oil & Gas Industry, as an extension

of Tech-Pomp LLC - pump distributor and pump unites manufacturer, operating on European market

since 1991. We supply liquid transfer installations including water transfer to support fracking, pump sets for various applications, customized manifolds,

pipes and �ttings, according to speci�c well site arrangements.

PremiumConference Floor

15

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40 41

43 42

44 45

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14 13

Catering

Info PointShale Cinema

Networking

Area

Seminar Conference Floor

39

PAVILION39

Our clients

For contact information please visit the directory from page 72


Longing for the Ukrainian Steppe

B y W o j c i e c h k o s c

Poland would love to associate shale with the patriotic underpinning of energy independence, but has failed to deliver. Ukraine might be on course to make it happen.

opinion

Ukraine is a coUntry straddling East and West. Its energy infrastructure is inextricably tied to Russia, and Kiev is regularly in trouble with Moscow over gas transit to Western Europe.

An anecdote from the Polish ministry of for-eign affairs has it that diplomats at work in Ukraine would be dismissed if they expressed any sentimentalism for the parts of Ukraine that once belonged to Poland. This would be bad for the mutual relationship and Poland’s ambitions to attract Ukraine closer to the European Union. What Ukraine has is theirs to have.

The arrest of Yulia Ty-moshenko, the former prime minister, over alleged shenanigans in gas deals, has soured the country’s relationships with the Eu-ropean Union. Former Pol-ish president Aleksander Kwaśniewski is on a mission in Ukraine to help solve the Timoshenko controversy: get her out of jail to an EU hospital in return for fast-

tracking the process of integration of Ukraine with the European Union, of which Poland is Ukraine’s most vocal ally.

It’s ironic that Tymoshenko’s release is being championed by the EU, who seems to desire closer Ukrainian integration, given Tymosh-enko was jailed for allegedly doing the opposite: moving the country closer to Russia through gas deals.

Since she was jailed, Ukraine has decided to go ahead and sign a trade and political associa-tion agreement with the EU. And two recent energy deals go right to the core of the difficult relationships of Ukraine and Russia, with shale gas in the center.

The decision to sign the agreement with the EU didn’t go down well with the Kremlin, which waged a sort of a war with Ukraine, banning Ukrainian products and intensifying border controls, adding that Ukraine may face a finan-cial catastrophe if the agreement goes ahead.

On top of getting closer with the EU, the Ukrainian government in 2013 signed two en-ergy deals - reported to be worth USD 10 billion each - for unconventional hydrocarbon explora-tion with majors Royal Dutch Shell and Chev-ron. The Ukrainian president publicly expressed hope that once and if shale gas does from Ukrai-nian deposits - estimated to hold close to three trillion cubic meters of gas, one of the largest potentials in Europe - Ukraine will be self suf-ficient for gas and maybe even an exporter.

Polish diplomats in Kiev have surely been reporting to Warsaw about these recent develop-ments. As situation in Ukraine is unfolding much to the favor of Poland’s geopolitical strat-egy of pulling Kiev to the West in the tug-of-war with Russia, the irony is that it owes in part to Ukraine’s decision to bet on shale gas, something that Poland seems to have been negligent, despite the energy independence rhetoric of just a few years ago.

The Ukrainian president wants the country self

sufficient for gas and maybe

an exporter.


Dear Colleague,

In 2013, Ukraine jumped onto the shale map. Two events of significance happened:

Early in 2013, Royal Dutch Shell signed a deal that comprised nearly 8,000 square kilometers in the east - the Yuzivska field. Then in the first week of November, Kiev signed a $10 billion production-sharing agreement with Chevron. The plan aims for exploration and production from the Olesska field in the west of Ukraine, an area that comprises some 6,300 square kilometers.

As the Financial Times reported, the 2004 Orange Revolution, which briefly installed a pro-western government, did not then open doors to foreign owned oil companies. But the current president, Viktor Yanukovych, has turned to foreign owned oil companies to provide the muscle and know-how to commercialize unconventionals, and offshore resources as well, via an ExxonMobil led consortium.

Poland, on the other hand, has managed to shun foreign investors and has yet to see a state owned company in Poland in joint venture with a foreign owned operator. Ukraine seems quite willing to let anyone to the table. Provided they play by the government’s rules.

Kind Regards,

editor in chiefwojcIech KoSc

publisher parKer Snyder

art director jaceK Kult yS

Graphic desiGnerol a ForyS

analysttobIaSz adamczewSKI

Key accountsma ja SobIeSzcz aK

WritersmareK KIlIa

Gr zeGor z KuS paweł popr awa

marcIn SmIetana

photoGraphyIStocKphoto.com

photoGenIcaphotopIn

Kr z ySztoF m . r atSchK aShut terStocK

Sz ymon SzczeSnIaK

published by cleantech pol and llc

ul. Krucz a 51/3100 - 022 warSaw, pol and

editorial contactwojcIech@cleantechpol and.com

(+48) 602 458 099

advertisinG contactparKer@cleantechpol and.com

(+48) 517 469 881

General requestsInFo@cleantechpol and.com

printerdruK arnIa beltr anI

Guide

Shale GaS investmentOpenFor

Business

LE

TT

ER


Contents26

OPERATIONS UPDATE: EvERyONE SEEmS hEADED TO UkRAINE

p / 8 op-eD Longing for the Ukrainiansteppe

p / 9 Letterfrom the pUBLIsher

p / 1 2publication partners

p / 1 5 INDICATORSWells to dateMarket overviewAnalyst’s commentCommodities pricingShare prices


* A d v e r t o r i a l

34

GEOLOGICAL OvERvIEW By PAWEŁ POPRAWA

p / 2 0TReNdiNGp / 2 6 OPeRaTiONSuPdaTe

p / 3 2tAXAtIon of shALe In eUropep / 3 4poLAnD’s GeoLoGYWe know more now

p / 3 8eU proposesnew eIA regimep / 4 0 fACesp / 5 1 WhO’S WhOPOlaNduKGeRMaNY

p / 7 2Services directory p / 1 0 0unconventionalHYDROCARBON liCeNSiNG iN The eu-27data setp / 1 1 2PicToRiALLaunch party

co

NT

EN

TS

40


To become a partner for the magazine, please contact the publisherpartners

the american chamber of commerce (amcham) is a business organization that serves and promotes its member companies. AmCham fosters positive relationships with the government and promotes the free market spirit for the benefit of business. Ul. emilii Plater 53, 00-113 Warsawwww.amcham.com.pl

cleantech poland is a consultancy for sustainable business. Cleantech Poland provides services to upstream oil and gas. The Shale Gas Investment Guide is part of a portfolio that includes the magazine Cleantech.ul. krucza 51/31, 00-022 Warsaw [email protected]

poland shale coalition is an industry organization open to anyone. The Poland Shale Coalition, founded in 2013, aims at education and outreach. Founding members of the Poland Shale Coalition receive priority outreach in their concession areas.ul. rzymowskiego 53, Warszawa, 02-697 [email protected]

dtZ is a property services company, providing occupiers and investors with end-to-end property solutions, global and local market knowledge, forecasting and trend analysis.ul. Złota 59, 00-120 Warsaw [email protected]

pwcPwC provides oil and gas companies with services in assurance, advisory and tax & legal. A global services company, PwC has been in Poland for 20 years and counts many of the largest oil and gas companies as clients. Al. Armii Ludowej 14, 00-638 Warsawwww.pwc.pl

ssWSSW provides comprehensive tax and legal advisory services. SSW, whose main practice areas are energy and natural resources, advises investors on the business implications of the government’s royalty proposal. rondo onZ 1, 00-124 Warsawwww.ssw.pl


www.pwc.pl

PwC Your trusted oil & gas and chemical advisor

Business Advisory

Wojciech Słowiński – Partnerphone: +48 502 184 [email protected]

For years, we support our clients with knowledge and market experience by providingbusiness advisory, tax and legal advisory, audit and accounting consultancy. We are happy to talk with you about the needs of your business.

© 2013 PwC. All rights reserved. PwC refers to the companies associated in the PricewaterhouseCoopers International Limited (PwCIL), each member of which is a separate legal entity and does not act on behalf of PwCIL or other member firms.

Tax and Legal Advisory

Tomasz Barańczyk – Partnerphone: +48 502 184 [email protected]

pwc_210x297_Eng 13-9-24 17:32 Strona 1



5107

2710651

381

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Country# of companies# of licenses# of wells

HU PL PT RO SK SI ES UK

I Ind c a t r SoGuide

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source: ministry of environment as of aug 2013, cleantech Poland research, decc as of aug 2013

5107

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Country# of companies# of licenses# of wells

HU PL PT RO SK SI ES UK

CP/3Legs Res. Łebień LE - 1, Warblino - 1H, Łebień LE - 2H,Strzeszewo LE - 1

ExxonMobil Krupe - 1, Siennica - 1**

BNK/LNG/RG/SR Wytowno S - 1, Lębork S - 1, Starogard S - 1

Eni Bągard - 1, Stare Miasto - 1, Kamionka - 1

San Leon Siciny - 2, Belvedere - 1**, Chopin - 1**, Lelechów SL - 1, Czasław SL - 1, Lewino - 1, Szymkowo - 1, Rogity - 1

Marathon Oil ORZ Cyców - 01, SIE - Domanice - 01, RYP - Lutocin - 01, KWI - Prabuty - 1, BRO - NM Lubawskie - 01, SOK - Grębków - 01

Orlen Upstream Syczyn - OU1, Berejów - OU1, Syczyn – OU2K, Goździk-OU1, Berejów - OU2K, Stręczyn-OU1, Uścimów-OU1, Dobryniów – OU1

PGNiG Lubocino - 1, Lubycza Królewska - 1, Markowola -1, Lubocino - 2H, Opalino - 2, Wysin -1, Kochanowo-1, Borcz -1

3Legs Resources Łęgowo LE - 1

Chevron Grabowiec - 6, Frampol - 1, Zwierzyniec -1, Kraśnik -1

Company OA* Well Names

BNK Gapowo B - 1, Miszewo T - 1

Wisent Oil&Gas

4 -

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3 -

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8 -

6 -

8 2

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PP* (HHP)

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August 2013 30 180,000 48 20 11

Łódź

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WARSZAWA

Lublin

Bydgoszcz

KatowiceKraków

Preston

Blackburn

Blackpool

� Between environmental concerns, large financial expenditure needs, political risk and legislative instability, companies are finding it hard to engage in massive unconventional exploration programs.The European Commission has been at work on a report concerning hydraulic fracturing and its environmental impact. Some countries still have moratoria im-posed (FR, BG, CZ, LX), while others are either waiting for special reports (IE, NL) or have regional bans (North Rhine-Westphalia in Germany, Cantabria in Spain). Italy and Finland are not inter-ested in exploring shale, while Austria and Denmark imposed such strict environ-mental regulations that made operating there practically impossible. Germany will wait on legislative initiatives until the fall elections, also putting a halt on exploration activities. Real development is only taking place in Poland with 51 wells drilled to date and the UK, where the recent BGS and DECC report, The Carboniferous Bowland Shale Gas Study estimates that there are as many as 23.3 - 64.6 tcm of resource in place.


16 | Shale Ga S Inve S tm ent GuIde | Winter 2013 | Shale Ga S Inve S tm ent GuIde | sUmmer 2013



HigH metHane gaseur/mWh

Weekly aVerage$ usd / barrel

P r i c e o F g a s

P r i c e o F o i l light sweet crude oil (Wti) futures

brent crude oil last day financial futures

steam coal FUtUres$ usd / tonne

selected indePendentsoPerating in Poland and the uK

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37.50

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� The spread between WTI and Brent has narrowed as demand for US domestic oil increased over the last quarter. The EIA reports that recently improved pipeline networks and crude-by-rail links facilitated direct delivery from production areas to refining centers, which helped move the shale-related oil glut.

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NovSep Jan Mar May Jul� Since the early 2011 peak price of approx. 150 USD/tonne for Central Ap-palachian coal, prices have tumbled by over 60%. Lower than predicted demand from China and higher Chinese domestic output of the energy resource led to overproduction and a price drop.

84

100

116

NovSep Jan Mar May Jul

Company3LEG ResourcesBNK PetroleumDart EnergyLNG ResourcesSan Leon EnergyAJ Lucas Group

Currency

£GBP (p)$CAD$AUD$CAD£GBP$AUD

Ticker

(3LEG:LN)(BKX:CN)(DTE:AU)(LNG.V)(SLE:LN)(AJL:AU)

share priceNov 18, 201325.31.530.120.014.051.25

% Change(in one month) -0.02 -17.700-6.9 -29.6

% Change(in two years) -65.2-15.9-77.8-93.3-71.1-26.67

% Change(in one year) -35.3183-7.7-75-52.335.4

source: london stocK eXchange, toronto stocK eXchange, australian securities eXchange

26.90

40.50

25.76

112.50107.94

105.35

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75.65

58.94

a n a ly s t ' s V i e W

A separate issue is how Poland could use the potentially large amounts of gas from shale into use.

Gas-based power has only been coming online quite recently in Poland (mostly within the last decade) and, to date, less than 10 percent of the power in Poland is generated from natural gas.

There are plans, however, to increase the use of the resource are already written into the country’s energy strategy. As many as 18 new gas-fired power plants are under-going permitting procedures or are under construction now.

Currently there is 934 MWe (electric) of installed gas-fired power capacity, pri-marily owned by Poland’s gas utility PG-NiG. Before these new capacity goes on-line, economics of generating energy from gas will have to be looked into. The biggest obstacle with using gas as a nominal power source is its price (see chart on top of this page).

With planned new power and the need to liberalize the gas market, much invest-ment will be needed in Poland’s gas trans-mission and distribution systems. Gaz-System, the country’s gas transmission system operator, has planned for the con-struction of 1,000 kilometers of new transmission pipelines between 2014 and 2018, at a cost of roughly PLN 5 billion (USD 1.6 billion), as well as looking into building infrastructure to connect with Slovaka and the Czech Republic.

Gaz-System is also completing its Świnoujście LNG terminal project by the Baltic sea. While the investment is said to cost approximately 2.7 billion PLN, there exists little doubt that it is necessary. Upon completion, the terminal will be able to supply 5 billion m3 of gas per year with a possible increase to 7.5 billion m3 in the future. That would mean annual gas con-sumption’s increase by 50 percent.


Source (August 6, 2013) EUR/MWh

Henry Hub, US 8.60

NetConnect, Germany 25.76

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The liberalizaTion of Polish gas should lead to the de-monopoliza-tion of the market and emergence of many, alternative to PGNiG, gas sup-pliers. Operators will have much more flexibility in terms of choosing a buyer and negotiating contract terms. Market based futures contracts, as an essential element of risk management, will allow for securing long term market positions. The creation of a liquid wholesale mar-ket along with the ability to trade on the commodities exchange are main ele-ments of transparency and competitive-ness, which upstream investors will surely appreciate. Increased domestic extraction is a priority for the Polish economy, which is why, along with exploration investments in new plays, competitive market mechanisms need to be developed in the gas sector. This would link new gas producers to exist-ing domestic consumers, who are await-ing market-based gas prices.A liquid wholesale market should in a short period of time lead to the cor-relation of Polish gas prices to those observed at European gas hubs (Ga-spool, NCG, TTF, NBP).

e x P e r t g U e s t

SGIG asked Mariusz Caliński, President of DUON, a company with a dynamically growing gas trading portfolio, what the impact of liberalizing the Polish gas mar-ket will have on the upstream sector.

m a r i U s z c a l i n s k i P r e s i d e n t o F d U o n

-3-c o U n t r y s t a t s

gas consUmPtion in 2012

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Gas import

11.4 (BCM) 72%

Gas production

4.4 (BCM) 28%

� New estimates from the Polish Geo-logical Institute are expected earliest in 2014. Jerzy Nawrocki, PGI’s Director, needs a larger volume of core samples and seismic data to come up with a more precise estimate than the 2012 figures.

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PGI, March 2012-high probabilityPGI, March 2012-max EIA, April 20110

2,000

4,000

6,000

sHale gas Potential (bcm)

5,2951,920

346 -768

� Poland is under pressure to install new power generation capacity. By 2016 there might be a 1-2 GW shortfall in nominal power. As old power plants need to be ren-ovated or shut down (up to 6,6 GW by 2020), replacing them will be crucial. With-out cheap gas and RES support Poland will need to import more energy in the near fu-ture from neighbouring countries.

Anthracite LigniteGas

HydroRenewable Industrial

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5.52%1.74%

1.55%2.67%

32.87%

55.66%

PoWer generation by soUrce

� The Polish government estimates that natural gas consumption will grow 70 percent by 2030. By that time, energy production from natural gas is planned to triple. Increased domestic production and efficiency in power generation will be key elements in implementing this plan.

natUral gas consUmPtion Forecasts (bcm Per year)

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2006 2010 2015 2020 2025 2030

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Aug 22/13

MArket briefly LIKES ŁEbIEN gaS fLowPoland’s shale gas market becomes positively alert after ConocoPhillips/3Legs Resources announce sustained and unassisted flow of gas from Łebień LE-2H horizontal well on their Lębork concession.

The well started to flow Ordovician shale gas without assistance in mid-July. The initial flow rate was about 11.3 thousand cubic meters per day dropping to 8.5 thousand cubic meters per day later in July.

3 Legs’ chief executive Kamlesh Parmar said that the company was obtaining valuable data from this test, which would help to understand commercial potential of Ordovician shales in the company’s acreage. 3Legs Resources is proceeding with testing on Strzeszewo, including the first test of Strzeszewo LE-1 vertical well, where the company had been unable to flow substan-tial gas volumes. 3Legs Resources seeks to monetise its assets in eastern Baltic Basin. @3legsresources.com

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I spent 20 million and all I got was this flame?

Aug 6/13

Polish prosecutors charge seven with bribery @afp.com

Aug 23/13

Aspect Energy acquires 22.5 percent interest in San Leon’s Cybinka and

Torzym [email protected]

Aug 20/13

Two Ukraine regions reject central government’s

agreement with [email protected]

Aug 27/13

Dutch Ministry of Economic Affairs:

low methane pollution risk

from [email protected]

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Aug 30/13

GDf Suez to roll out ShaLE program

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The French utility gets in on the game

Sep 14/13

Shell and Ukraine finalize USD10 bn agreement

@kmu.gov.ua

Aug 29/13

Protesters from Lithuania address Russia and Belarus presidents to

support anti-shale [email protected]

Sep 10/13

Protesters get evicted from Cuadrilla shale [email protected], frack-off.org.ukAug 28/13

JKX 10 stage frac in tight-gas well in [email protected]

Sep 3/13

Chevron CoMeS AnD LEavES LIthuaNIalithuania officially confirmed that it would proceed with granting American oil and gas company Chevron shale gas exploration rights in western part of the country, only to see the company give up on activity shortly afterwards, citing challenges of a regu-latory and legislative nature. The 1,800 square kilome-ter Silute-Taurage block located near the Baltic Sea, could hold 80 billion cubic meters of recoverable gas, according to experts.

In order to participate, Chevron - the only bidder as

it turned out - made an upfront commitment of spend-ing a minimum of USD 31 million in exploration. The company was granted a seven-year permit as well as a ten-year license for conventional oil. Chevron was also involved in the nearby 2,400 square kilometer Rietavas oil and gas field, where Lithuania-registered LL Investicijos and Chevron had a 50 percent stake each. Following Chevron’s withdrawal, the government is now working on a new bid to attract investment.

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french comPany gdf suez said it would seek to invest in the shale oil and gas industry in Germany, Poland, UK and Latin America, including Brazil and Chile, Bloomberg News reported. The company also voiced concerns over a blanket ban on hydraulic frac-turing in France, first imposed by the right wing Sar-kozy government and then upheld by the socialist cabinet of Francois Hollande.

As early as in October 2011, GDF Suez CEO Gerard Mestrallet was quoted as saying that a red light to shale gas development in France would have been a “major mistake”. GDF Suez owns the largest natural gas net-work in Europe. The company together with its Alge-rian partner, Sonatrach, also signed a contract with Spanish Tecnicas Reunidas aimed at development of natural gas field in Touat, southwest [email protected]


Sept 20/13

Chevron uSD 10 bILLIoN DEaL IN uKraINEBy agreeing to a government draft for a production-sharing agreement with the US-based energy com-pany Chevron, local authorities of Ivano-Frankivsk region in western Ukraine cleared the final hurdle in the way of a USD10 billion deal.

The deal was eventually signed in early november. In August, the regional authorities rejected a previous version of the agreement on the grounds of environ-mental concern, underground water pollution in particular, in this region famous for tourist resorts.

Two weeks later, adjacent Lviv region gave its nod to the Chevron deal as well. Earlier in September, Ukraine allowed shale explorations in the easter Yuz-ivska gas play, signing a $10 billion contract with

Royal Dutch Shell, pre-announced by the Ukrainian president Viktor Yanukovych at the World Economic Forum in Davos in [email protected]

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West and east find a way to meet

Sept 19/13

PGniG wonDerS why thEy arE Not SucESSfuL Polish natural gas company PGNiG announced plans to carry out, in collaboration with AGH Univer-sity of Technology and Oil and Gas Institute, a research

into problems in finding commercial levels of shale gas in Poland.

The company expects the expert group to answer whether the deposits it has contain commercially suf-ficient amounts of gas as well as explain why there’s been no success so far in any of the PGNiG’s conces-sions.

PGNiG’s acting CEO, Jerzy Kurella, told Rzeczpos-polita that he is interested in “the question of presence of industrial quantities of gas at acceptable prices and if so, then what is the reason of the current trouble to extract it”. Besides this research effort, the company proposed to foreign companies who own licenses in Poland to exchange information on exploration [email protected]

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A tender to ask questions of oneself

Sept 16/13

San Leon Energy registers highest pump rate outside US

@sanleonenergy.com Sept 25/13

Turkey starts fracking in

the southeast

Sept 23/13

Dutch government postpones decision on allowing shale drilling

Sept 25/13

Ukrainian PM predicts future shale gas retail price: $200/1,000 cm

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oct 09/13

European Parliament votes in favor of mandatory EIA for all unconventional drilling activities in the EU

italy-Based eni said it was going to proceed with shale gas exploration in the Volyn region in Ukraine, between June and August 2014. The Italian company has an exploration strategy in place for 2012-2015, with plans for horizontal and vertical drilling, and hydrau-lic fracturing in Ukraine, currently Europe’s most active country in terms of shale gas exploration.

Eni has a 50 percent stake in local gas company Zakhidgazinvest, following a June 2012 deal. Through the takeover of Zakhidgazinvest, Eni gained access to nine unconventional licences with a total area of 3,800 square kilometers in western Ukraine in the shale prospective Lviv Basin. Zakhidgazinvest currently asked for the Volyn region administration’s assistance in laboratory research and examination of environmen-tal issues of the acreage in question. @naturalgaseurope.com

oct 08/13

loCAl AuthoritieS thwart ShaLE IN romaNIa

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They don’t want them either

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It gets cold in Kiev in the winter

oct 04/13

eni PlAnS ukrAine vENturE IN 2014

oct 11/13

French Court decides frack-ing ban is compliant with

Constitution

oct 07/13

Peter Voser, outgoing Shell CEO, regrets the company’s

huge bet on US [email protected]

Sept 25/13

San Leon seeks financing by investing in Turkey and selling $50m shares

chevron oBtains Building permit for first shale gas exploration borehole on location in Pung-esti, Vaslui County, Romania. The American company aims at confirming hydrocarbons potential in there having fulfilled all the conditions including the permit from National Agency for Energy Resources.

However the company’s activity has met a lot of op-position from locals, the Orthodox Church, and an organization called “Romania without them”. The protests escalated the following weeks with protests gathering up to several hundred people, prompting Chevron to suspend its works.

The controversy eventually brought about the ban on shale gas exploration by Pungesti authorities, which in turn the regional authorities of Vaslui County are seeking to overturn in court. Secretary of Pungesti Constantin Chiriac announced in October a plan to organize a referendum in November about shale gas exploration in the [email protected]

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chevron files lawsuit against Polish shale gas protesters who occupied company’s shale development site in the village of Żurawiów preventing the US major from drilling. It is located 80 km southeast of the re-

gional capital, Lublin and belongs to one of four explo-ration concessions in the company’s total acreage.

The protesters argued that Chevron should not pro-ceed with the activities affecting birds’ habitats during breeding season. Chevron claimed the protesters vio-lated the company’s right to access the site. In a statement the company hoped that a small group of people do not reflect the views of the majority. Meanwhile, the chair-man of the Polish Exploration and Production Industry Organization (OPPPW), Kamlesh Parmar expressed his concerns that Poland’s shale gas program was pro-gressing too [email protected]

nov 09/13

Chevron battLES LocaL oppoSItIoN IN court

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At least the lawyers are busy

oct 15/13

row eruPtS over SLow ShaLE DrILLINg IN poLaND

Polish ministries of Economy and Environment consider imposing fines on companies for sluggish shale exploration while the latter complain over incomplete regulations. This is the reaction to considerable slowdown in the operations of companies who own shale gas li-censes in recent months.

Their limit their actions to minimal requirements aris-ing from the licenses. Deputy Minister of Environment, Piotr Woźniak was quoted in Dziennik Gazeta Prawna saying that not a single site he had visited had extracted core. And this is necessary to evaluate the presence of shale gas and its deposit size. However, shale gas operators are uneager to invest in exploration because they con-sider Poland legislative framework is incomplete thus making it unclear to state whether extraction would be profitable. To date, 51 wells drilled on 107 licenses.@gazetaprawna

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Let’s talk about shale some more

oct 19/13

Global Frackdown event held worldwide to protest against fracking

oct 22/13

GDF Suez buys 25 pc stake in 13 UK Dart Energy [email protected]

oct 21/13

Shale gas operators to face “robust legislative package” by

the EC in early [email protected]

nov 14/13

PKN Orlen acquires 100 percent interest

in Canadian TriOil @orlen.pl

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Michał, what is your particular professional background?

For ten years, I worked at Shell Gas Polska were I started as Sales Manager and left the company as Sales Director. Thereafter I started my own company, which I sold to one of the largest LPG trading companies. It was around that time that I heard about this job opportunity with BakerCorp.

What is your position and what are your responsibilities at BakerCorp?

As the Branch Manager I am in charge of running BakerCorp’s operations in Poland. I set performance guidelines and maintain our Quality Management and Health & Safety standards. I am in charge of training employees as well as staying connected to vendors. But my main focus is to deliver the best rental service to our clients.

What products & services does BakerCorp offer in Poland and CEE?

We rent mobile storage tanks with a volume of 70 m3 each. All these steel tanks are equipped with standard connections and can be provided with separation flanges, heating coils, mixers and a protective interior coating. BakerCorp also rents HDPE double wall

tanks with a capacity of 30 m3 for on-site storage of acids, caustics and chemicals. With our mobile tank rental concept we can create almost any required storage volume.

Poland has drilled about 50 shale and tight gas wells. What level of growth does your team expect?

Based on data presented during a recent conference of the Polish Geological Institute, there have been 51 wells drilled to date. The geological character of the shale requires around 300 wells to be drilled to evaluate Poland’s unconventional oil and gas potential. Poland’s commercial potential depends on the evaluation of c o r e s a m p l e s a n d r e s e r v o i r characteristics and we need regulatory stability. BakerCorp has been involved in the Polish shale gas market from the first exploration shale gas well in 2010 onwards. To date we served the market from our operations in Germany, but in October we have started a local branch operation in the area of Łodz.

Why did you decide to exhibit at Terrapinn?

We believe that this event is a great opportunity to show the depth of our rental offering, and to inform the

market that BakerCorp has started a branch operation in Poland. This conference gathers all key people of the oil and gas industry and is an excellent place to trade information.

What do you want your clients to learn from seeing the tanks on the trade show floor?

We want clients to see our rental tanks with their own eyes and would like to discuss our role in their process of liquid management. Our role is to help clients to concentrate on their core business - bringing the basin to commercial production - and leave the challenges of liquid containment to us!

What’s something personal that your clients may know know about you?

I am a cook - although not the best in the world - and I can’t imagine a day in life without a book. My wife and I are married for 20 years and we have two children.

How can clients get in contact with you?

They can call me on my cell phone: +48 604 113 028 or send me an email: [email protected]

From its new Polish branch, BakerCorp provides temporary

containment solutions for liquid storage. Michał Koprowski, Branch Manager,

will be at Terrapinn to show the rental tanks to the market.

Oilfield Liquid Storage

a d v e r t o r i a l

M i c h a Ł Ko p rows K i



Two USD10bn shale gas deals in one year, Ukraine is catching up

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Polish shale might not be dead yet, but its attached to a breathing machine and the doctors

are debating whether or not to pull the plug.

What little activity is taking place - Conoco will spud and frack, Orlen continues to frack - is a trickle of a stream in the place of what was a raging river. No one, and we mean no one, in London or New York is considering funding exploration, and for good reason.

According to several geologists and consultants who are at work in Polish shales, the shale is rather a tight gas which is high in clay, posing technical challenges, and thwarting the efforts of stimulation programs based on water fluids. The only frack to date worth

what it cost its operator was 3 Legs Łebien LE-2H well, which flowed at 2 million mcf per day aided by nitrogen but fizzled after just 24 hours.

The exploration activities that fol-lowed in the Baltic basin were a series of partly failed attempts, hampered by the demands of bureaucrats who re-quire legions of documentation to make minor changes. Marathon, Talis-man and Exxon called it quits. The It-aly based ENI is pulling out. Officially, the only two IOCs who remain are Chevron and ConocoPhillips, both of whom state publicly they are commit-ted to exploring the basin. But in pri-vate conversations with individuals who are familiar with their plans, even these two companies are considering changes.

B y W o j c i e c h K o ś ć a n d P a r K e r S n y d e r

Exploration has slowed across the EU-27, in part because of technical challenges in the shale formations, and in part because fracktivists use shale to wage geo-political wars.

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WHAT WENT WRONG?In general, a brash western optimism was easily stymied by Polish reality. The shales aren’t good, at least not that good, and there are numerous practical challenges to operating in Poland. For instance, the data archive consisting of more than 700 wells, some drilled by the Russians, remains inaccessible to those who want to take a close look. The application procedure is cumber-some. And the legal right to commer-cialization is murky. Well records have been scanned and returned to dusty shelves so many times the paper is wearing thin. Yet, there’s no central effort to digitize the data archive.

Further complicating the matter is the perception that the government is out to take pieces of a pie that hasn’t even been baked. The proposed roy-alty and fiscal regime seems favorable compared to other countries: 20% roy-alties, 19% income taxes, and a state-sponsored participation capped at 5%. But operators still continue to voice opposition to the proposal. At a recent OPPPW meeting in Gdańsk, deputy geologist Piotr Woźniak maintained that everything was moving along nicely, while operators in attendance were privately fuming that the circus act was falling apart. In previous meet-ings, minister Woźniak has hinted at what PiS promised to their constituents at a north Baltic well site: “we will get those concessions back.”

Foreign operators, investors and country manager who earlier took a positive view of the Poland shale basin have left. John Buggenhagen, opera-tions director for San Leon Energy who was one of the first to move to Poland, went back to Colorado to develop oil-field acreage outside Denver. Bill Marble, another American who signed on in 2011 to develop Silurian Hall-wood (now Wisent Oil and Gas) has

including Scott Robertson and Mark Gordon of Soros’ New York based hedge fund. LNG Energy has all but ceased to exist; their shareholder base dried up. BNK Petroleum, locally at work as BNK Polska, has yet to drill in Poland since their plans were held up and their equipment idled in place. Dart Energy left. FX Energy, the only foreign owned producer in Poland - ac-

moved back to Texas. Other veterans have come and gone, including Doug Bentley, country manager for Schlum-berger in Poland. He’s been replaced by Frank Thompson - and Mark Swift, formerly the country manager for Hal-liburton in Poland - was replaced by Herve Biscay.

Investors who took a short term view of Polish shale have been dismissed,

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In general, brash Western optimism was easily stymied by Polish reality.


cording to one source familiar with their plans - is leaving.

The question: is it all over? Probably. Another question: will it ever come back? Perhaps. But not for a decade. Unless there’s a wildly lucky frack, the future of Polish shale is a dismal one, dominated by opaque, tight-lipped state owned companies with no real aptitude for shale exploration.

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UKRAINE, ROMANIA, LITHUANIACouple years ago, the bulk of the pos-sible shale gas exploration was ex-pected to take place in Central and Eastern Europe. At the time, Poland appeared a sure bet for operators, with the government giving shale gas an enormous positive spin. Other coun-tries lagged behind, even if their shale gas potential was big, like in Ukraine.

Today, Ukraine has actually caught up. In early November, Ukraine signed a USD 10 billion shale gas development with US major Chevron. According to the deal, Chevron will gain the rights to explore and eventually produce hy-drocarbons in two western Ukrainian regions. They hold an estimated 2.98tn cubic metres of gas reserves, one of the largest in Europe.

Wrocław

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P o l a n d ’S g a S l i n e S� once and if gas from shales flows, it will rely on Poland’s gas transmission infrastructure to reach the market ef-fectively. The system’s operator GAZ_SYSTEM plans close to 1,000 kilometers of new gas pipelines to be completed between 2014 and 2018. The cost: USD 1.6 billion.

High-methane gas pipelines

1000 mm500 -700 mm100 - 300 mm

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Branch headquarters

Concession acreage Potential shalegas plays

Import

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Shale gas’ onlyflow site to date


to fracking’s leftovers. This is a sheer baloney, and we are set to strike it down,” Algirdas Salamakinas, a Social Democrat legislator and the initiator of the Constitutional Court appeal, Natural Gas Europe reported in No-vember.

In Romania, fracking is a contentious issue as well. Chevron decided to give up exploration in Vaslui County in aftermath of local protests. It’s continu-ing with exploration elsewhere, amidst uncertain regulatory and political en-vironment.

According to the Romanian ministry of environment, extracting gas from shales is potentially beneficial for a country that’s heavily dependent on imports, but on the other hand, the ministry said in November, it has to be carried out with the utmost attention to environmental standards, a rhetoric that many in the shale gas industry take as a diplomatic “no” to development.

UKApart from Ukraine, the only other country where activity is under way is the United Kingdom. The shale gas industry is still riding the high waves created by June estimate of the British Geological Survey that put shale gas reserves of they key shale gas play in central Britain at 1,329 trillion cubic feet (over 37 trillion cubic meters).

The estimates, along with govern-ment’s favorable approach to the indus-try via a proposal for tax breaks un-veiled in early 2013, have been attract-ing deals. In late October, for example, France’s GDF Suez invested USD39 million for a 25 percent interest in 13 licences in Cheshire and the East Mid-lands. The agreement includes a $12 million cash payment to Australia’s Dart Energy and the funding of a joint unconventional exploration and ap-

In January 2013, Ukraine signed a similar deal, also worth an estimated USD 10 billion with Royal Dutch Shell, concerning shale gas play in eastern part of the country.

If ever produced, Ukrainian shale gas is expected to bring the country a com-plete self-sufficiency for gas and, per-haps, even a gas exporter. Such devel-opment has geo-political weight as currently Ukraine depends on Russian gas mostly.

The deals with Chevron and Royal Dutch Shell make Ukraine “one of the few European countries to be pressing ahead with significant shale gas devel-opment, which has been held up else-where by environmental concerns over the hydraulic fracking used to produce the fuel,” the Financial Times reported.

Elsewhere, shale gas development is being hindered, if not stopped outright. For example, in Lithuania, the develop-ment is in limbo after Chevron resigned from activity in the country, citing chal-lenges of regulatory and legislative nature. Chevron quit its shale gas ex-ploration bid for the 1800 square km Silute-Taurage tract in south-western Lithuania. The Lithuanian government is working on a new bid offer at the moment, which is expected in early 2014.

The Lithuanian parliament, however, has lodged a motion to the Constitu-tional Tribunal to look whether allow-ing radioactive residues that fracking could leave behind underground is in line with the Lithuanian Constitution.

“Lithuanian Constitution clearly states that polluting environment and earth’s depths is prohibited. According to the law amendments that the Lithu-anian parliament has recently passed, burying chemical, radioactive and other toxic materials in the depths is banned, but the law makes an exception

praisal program up to $27 million.There are problems, too, that the

nascent shale gas industry is facing. A widely reported anti-fracking protest on the site in the village of Balcombe made the industry realize that the en-vironment for shale gas development in Britain may be as hostile as else-where in Europe.

It’s also estimated that production of shale gas could create fewer jobs than the government previously projected: just 24,000 jobs against the Prime Min-ister’s David Cameron’s figure of 74,000 that he cited in August. Finally, a report

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Ukraine is one of the few European countries to be pressing ahead with

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from Bloomberg New Energy Finance put the production cost of shale gas in Britain at twice the US cost. On the positive note, the report said, shale gas could offset declining production of gas from the North Sea fields.

EU 27How are things in the rest of the EU-27? Take a look at our complete listing of all unconventional oil and gas concession holders which begins on page 100.

In total across the EU-27, 101 explo-ration wells for unconventional oil and gas have been drilled. GDF Suez farmed

into UK acreage, hoping to get a jump-start on other utilities who would like to book shale reserves on their balance sheet. Coal bed methane exploration proceeds in Germany. Tight gas explo-ration continues in Hungary.

In general, shale exploration is slow and likely to go slower. Protests across Europe have emerged as the dominant force threatening to derail the train completely. In contrast to North Amer-ica, where protests tend to be vitriolic but manageable because industry ap-pears more willing to engage the pub-lic, the passions unleashed throughout

Europe tend to be of a more primal, nationalistic character.

Although hydraulic stimulation has been around since the end of World War II, fracking has emerged in Europe as a red-hot target for activists who wish to push a geo-political agenda. It’s too bad, because as fracking gets all the bad press, there are immediate con-cerns that go unaddressed (noise, emis-sions and on-site safety), which dis-tracts from the more important ques-tion: what role can shale gas play in Poland’s transition to a low carbon economy?

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Europe and its Shales

The shale gas revolution in the US encouraged a few European countries to follow suit. However, the reality in Europe showed it may not be so easy. Some countries that are keen to produce shale gas are struggling to attract foreign investors. Others are struggling to keep them.

g r z e g o r z K U ś , a T T o r n e y a n d M a r e K K i l i a n , c o n S U l T a n T , P W c

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the euroPean shale gas revolution may not proceed as fast as investors might like, as the au-

thorities of the European Union con-sider increasing environmental duties for shale gas exploration and instituting a mandatory environmental impact assessment.

On the other hand, some national governments see a great potential and an inspiring opportunity in shale gas. It seems the countries most likely to become the leader of the European shale gas exploration are Poland, the United Kingdom, Ukraine and Turkey.

The question is which country is the most likely to become the leader of a shale gas revolution in Europe?

NO CARROTS, NO RABBITSUS experience shows that incentives from government are crucial for the development of the shale gas industry. There are two main reasons determin-ing the importance of a government’s support. The first reason is the high capital requirements of shale gas ac-tivities compared to conventional natural gas resources. The second rea-son is a willingness to limit what is a

higher risk of failure in exploration. For example, if an investor decides

to withdraw from further activities due to failure to find commercial deposits, the investor does not have many pos-sibilities to recover from losses, due to a lack of saleable assets. In this light, the role of a cooperating national gov-ernment should be to help (via relevant legislation) the investor reduce his expenditures (i.e. related to various tax and fees) and to allow the investor to utilize incurred costs for tax purposes.

SIGN: NOT WELCOMEWith respect to Poland, the legislative process for a new shale gas taxation is pending. The Polish government aims to secure the interest of the treasury levying what are perceived as high taxes and fees, which have been criti-cized by the shale gas industry for fail-ing to introduce reasonable incentives or tax allowances. However, suspension of new taxes until 2020 may be seen as a kind of incentive as the taxation level in the period from 2013 to 2019 will be relatively low (basically 19% of corporate income).

Another country aiming at attracting

shale gas investors is Ukraine. Re-cently a state-owned Ukrainian com-pany signed a 10 billion dollar gas deal with Chevron. The Ukrainian example shows that dialogue with investors is more attractive than proceeding right away with significant changes to indus-try regulations.

SIGN: YOU BELONGElsewhere across Europe, we see a de-crease in the taxation level for shale gas which was announced by the British government, which has been taken as a positive sign for investors. Plans an-nounced in July could provide a reduc-tion in taxes on shale gas revenue from 62% to 30%. The Chancellor of the Exchequer George Osborne said: “We want to create the right conditions for industry to explore and unlock that potential in a way that allows commu-nities to share in the benefits. I want Britain to be a leader of the shale gas revolution because it has the potential to create thousands of jobs and keep energy bills low for millions of people.”

In Turkey, a new oil and gas law came into force in June 2013. The new law provides several investor-friendly solu-


The Ukrainian example shows that dialogue with investors is more attractive than proceeding right away with

significant changes to industry regulations

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tions including a set of tax incentives: reducing the ceiling for income tax from 55 per cent to 40 per cent and provision of exemptions for companies from customs tax, certain levies and stamp duty for equipment. It is worth mentioning that a formal cooperation agreement between state owned Tur-kiye Petrolleri A.O. and Shell was signed in February 2013 and two Ca-nadian-based companies are exploring shale gas in the Dyiarbakir area. Turkey

seems to be an example of how a coun-try can combine regulation with an environment that’s friendly to investors.

THE WAY IT ISIt seems that the United Kingdom is most determined. On the other hand, Ukraine and Turkey seem able to draw investors not – in contrast to the UK – by the reward of a benign tax regime, but through gaining the trust of foreign operators.

Despite the most number of wells drilled to date in Europe, Poland – just two years ago seen by many as the coun-try most likely to develop shale – seems a full step behind. Other countries are racing to attract foreign investors: Poland seems interested in keeping them at bay.

Based on Poland’s experience: there’s a lesson to be learned for any country interested in extracting shale gas: in-troduce simple incentives and reward explorers by mitigating risk.

netherlandsDutch govt. imposes temporary 18-month ban for fracking

uKTax incentives proposed by the UK government in July 2013

eu European Parliamentvotes for mandatoryEnv. Impact Assessment

France maintains interdiction for fracking

romaniaChevron halts shale gas exploraiton after local protests

Bulgaria bans fracking

turkeyNew investor friendly oil and gas law

germany ban for fracking considered

Bans/Moratoria for fracking

Extraction allowed

Extraction allowed and permits issued

� olores enducima necerferes nobissitiis maiorehent. Ped ma api-ciisque nonsectiur audae ius modit inctem que dit pel et ersperae do-luptiunt, consequi

S h a l e g a S e x P lo r aT i o n i n e U r o P e

PolandDraft law for hydrocarbons expl. and productionannoucement

lithuaniaChevron retreats from a tender for an exploration license

ukraineShell, Chevron, ENI expect to start shale exploration in Summer’14


the recent history of un-conventional oil and gas explora-tion in Poland began in 2005, when

the first American companies entered the country, lured in by promising estimates of unconventional hydrocar-bon reserves from the US Energy In-formation Administration.

It did not take long for the industry to concentrate in Poland on the Lower Paleozoic shale at the East European Craton spread from northern to south-eastern Poland. The US experience in exploitation of shale reservoirs from the first decade of the 21st century soon whetted the appetites of Polish explor-ers as well.

Several major companies entered the country, amid strong supportive po-litical rhetoric from the government, and reports indicating the presence of considerable shale gas resources in

Poland that worked in unison to create high expectations. Between 2007 and 2011 Poland saw a tremendous rush for concessions, hardly seen anywhere else in Europe in the last decades.

AFTER THE RUSHA few years into shale gas exploration in Poland, we have a better knowledge about the Lower Paleozoic reservoir. Since the first well, drilled in June 2010, some 50 exploration wells have been, or are under way, prospecting for gas from shales (see chart).

Comparing this with no more than 40 historical wells in the reservoir in question, mainly from 1960s and 1970s, and coming short in terms of the qual-ity of data, this most recent activity has already brought about a breakthrough in our understanding of the Lower Paleozoic reservoir.

However, it still does not mean a proper understanding in terms of oil and gas quality of the reservoir and its commercial potential, since the major-ity of these wells are vertical ones and virtually no fracturing has taken place.

g e o l o g y

USD 1 Billion versus

the Rocks

Even if drilling in Poland isn’t up to speed at all, data from new wells has delivered a wealth of new information about the geology of unconventionals. Here’s the basic conclusion: it’s not as good as many dreamed a few years ago.

B y P a W e ł P o P r a W a


Companies were able to carry out multi-stage fracturing without signifi-cant technical problems and with proper production tests on only two wells: Łebień LE-2H, operated by ConocoPhillips/3Legs Resources and Syczyn OU-2K, operated by Orlen Upstream.

The starting point for exploration, based on historical geological data, was ridden with a broad spectrum of un-certainties, partly related to complete lack of some key information about the reservoir, such as porosity, permeabil-ity, mineralogy, gas/oil saturation, or pressure.

Now it’s clear that the Lower Paleo-zoic shale is not a uniform reservoir. In the Pomerania region to the west of Gdańsk, the Upper Ordovician and the Upper Cambrian to Lower Tremado-cian shale was regarded as the main

reservoir. In the central Baltic Basin, Podlasie Depression and north west Lublin region, this was the Lower Llandovery bituminous. Finally, in the south east Lublin region near the bor-der with Ukraine, it was the Wenlock shale that was regarded as the main component of potential reservoir.

WINDOWS OF OPPORTUNITY?Results from the new 50 exploration wells have not changed the picture of the reservoir in principle, however they helped to detail the availability of oil and gas in specific locations. For ex-ample, the Upper Cambrian Alum shale is getting more attention in the NW Baltic Basin, while the Lower Llandovery shale appeared surpris-ingly rich in total organic content (TOC) in some locations in the Eastern Baltic Basin, and additionally the Cara-doc shale proven to be an interesting target in NW Lublin Basin and Western Podlasie Depression.

Distribution of thermal maturity in the basin, as well as presence of hydro-carbon shows in the Lower Paleozoic section defined individual zones in the basin with shale being either immature, within oil window, liquids window, dry gas window or even over-mature. This distribution remains confirmed by new well data.

A very important outcome of new wells drilled is the confirmation of the presence of gas and/or oil saturation of shale reservoir in nearly every well, allowing to sustain high expectations as for the basin’s potential, which previ-ously was not obvious. In the Eastern Baltic Basin, central Podlasie Depres-

sion and Eastern Lublin region the shale appears to be oil saturated and recently some operators, like Wisent Oil&Gas, concentrate on shale/tight oil exploration.

The now well documented broad zone of the liquids window, crossing the basin from the north west to the south east and the west of oil saturated zone, even further differentiates hydro-carbon products available for produc-tion for the Lower Paleozoic shale. However, the experience from thus far performed vertical and lateral well fracturing indicates that production of oil and liquids from that reservoir might be particularly difficult due to commonly very low permeability of the shale. Nonetheless, the currently attrac-tive market for condensates, NGL and oil will certainly still keep the industry interested in those parts of the basin.

Further west, dry gas is documented in the basins by new wells, which ap-pears in a broad zone particularly in the Western Baltic Basin. Unfortu-nately, high burial depth there increas-es drilling costs. Nonetheless, an inter-esting observation claimed by BNK Petroleum is the possible local presence of gas overpressures, which might allow for higher rates of gas production, po-tentially compensating for the high drilling cost.

The historical geological data from the very beginning indicated also that one of the main exploration risk factors in the basin is relatively low average TOC contents of the shale reservoir. After 50 new wells, the understanding of the TOC distribution is far more detailed, but the concern still re-

Ge

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One of the main exploration risk factors is relatively low average TOC contents of the shale reservoir.

PHO

TOG

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A


mains. It appears that in some parts of the basin a net pay thickness of shale with high enough TOC is low as for US and Canadian standards. Identification of the areas with higher net pay of res-ervoir is currently of crucial impor-tance for the localization of potential sweet spots.

UNDERSTAND FRACS’ EFFICIENCYThe new data obtained from labora-tory core analysis indicates, unsurpris-ingly, the high significance of shale mineralogy and geomechanical proper-ties for understanding fracturing effi-ciency. The Lower Paleozoic shale ap-peared to be highly variable with this

respect. In some zones, siliceous shale was documented (for example the Caradoc in the Łeba Elevation), while brittleness of Silurian shale is com-monly based also on relatively high carbonate contents, apart of silica. The Eastern, thermally less mature parts of the basin, are usually characterized by low silica contents, as well as high clay and carbonate contents, which creates some challenges for effective fracturing and might results with suppressed gas and/or oil flows.

Among new results of exploration completed so far, gas/liquids flow rates from multi-fracturing of lateral wells play a fundamental role in understand-ing of the basin’s potential. Commonly

obtained low flow rates are the first significant geological concern in the development of the shale gas project in Poland. The two proper production tests from lateral wells in Łebien and Syczyn are rather disappointing: 11 to 8 Mcm/d in the well located the Łeba Elevation means production is not commercial under current economic conditions.

Vertical well fracturing, even if less informative, has also lead to perfor-mance much poorer than in the case of comparable fracturing in the best US shale reservoirs, owing to low net pay thickness, shale mineralogy, as well as low permeability of both shale ma-trix and natural fracture grid.

BNK Petroleum

Chevron

Conoco Phillips& Lane

ENI

ExxonMobil

Marathon

Orlen Upstream

PGNiG

San Leon

Talisman & San Leon

Wisent Oil & Gas

2010 2011 2012 2013

Wytowno S-1Lębork S-1

Starogard S-1Miszewo T-1

Gapowo B-1

Grabowiec-6Frampol-1

Zwierzyniec-1Kraśnik-1 Zwierzyniec-2

Lebień LE-1

Łebień LE-2HStrzeszewo LE-1

Lublewo LEP-1Sławoszyno LEP-1

Jackowo LEP-1

Łęgowo LE-1Warblino 1-H

Bągard-1Kamionka-1

Stare Miasto-1

Krupe-1Siennice-1

ORZ Cyców-01

SIE Domanice-01RYP Lutocin-01

KWI Prabuty-1BRO NM Lubawskie-01

SOK Grębków-01

Suczyn OU-1Berejów OU-1 Gozdzik OU-1

Syczyn OU-2K Stręczyn OU-1Uścimów OU-1

Dobryniów OU-1

Berejów OU-2K

Lubocino-1Lubycza Królewska-1

Lubocino-2HOpalino-2

Opalino-3Opalino-4

Wysin-1Kochanowo-1

Borcz-1Lubocino-3H

Wojcieszków-1Kościaszyn-1

Siciny-2

Lewino-1Rogity-1

Szymkowo-1

Rodele-1Babiak-1

Drilling Independets

Drilling (completed) Drilling (ongoing) Drilling (planned)

e x P lo r aT i o n W e l l S , P o l a n d

� The chart above, shows the wells drilled to date by companies at work in Poland’s unconventional oil and gas basins. ARTICLE SOURCES: Grotek I., 2006. Thermal maturity of the organic matter from sedimentary cover of the Pomeranian sector of the TESZ, Baltic Basin, and surrounding regions. Pr. Państw. Inst. Geol., 186: 253-270. Klimuszko E., 2002. Silurian sediments of the South-eastern Poland as a potential source rock for Devonian oil. Biul. Państw. Inst. Geol., 402: 75-100. Poprawa P., 2010a. Shale gas potential of the Lower Palaeozoic complex in the Baltic Basin and Lublin-Podlasie Basin (Poland). Prz. Geol., 58(3): 226-249. Poprawa P., 2010b. Preliminary evaluation of potential for shale oil explo-ration in the Lower Paleozoic and other shale source rocks in Poland. Unpublished Report, Ministry of Environment, 1-21.

Drilling (completed) Drilling (ongoing) Drilling (planned)


PHO

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COOLED DOWNSome of new exploration data obtained so far by the industry cooled the Polish shale rush. However it is important to take into account that in many US and Canadian basins initial results were below expectations as well. With two lateral wells properly fractured we are only on the very beginning of the learn-ing curve. The core of the Barnett, the acreage of which is an equivalent to some 1.5 to 2 Polish concession blocks, still could be theoretically located be-tween existing new wells. Based on the first exploration results, however, we might expect significant lateral variety in reservoir quality and productivity, and thus in some less attractive parts of the basin activity will presumably soon decay.

It clearly takes patience and money to complete exploration in a basin as big as in Poland. To complete just the

exploration phase, having at least one lateral well tested per each of roughly 100 concession blocks, would require cumulative investment higher than one billion US dollars, which has to be imagined against geological risk.

Having more difficult shale reservoirs than initially anticipated, the role of

regulatory and fiscal regime becomes more important. For that reason, due to the withdrawal of a few operators from Poland, some decrease of explora-tion activity of majors and indepen-dents is evident, as they wait for the final shape of a new Geological and Mining Law.

Only government controlled Polish operators accelerated their drilling in 2013 their rate of drilling (see chart). The final shape of the currently dis-cussed new regulations will have a significant impact on the way where the one billion US dollars will go: to drill more wells, or elsewhere away from Poland.

*Paweł Poprawa is a geologist with a focus on unconventional hydrocarbons. He works the AGH Technical Univer-sity in Kraków and at Energy Studies Institute in Warsaw.

Completion of the exploration phase,

with one lateral well tested on each of 100 concession

blocks, would require investment

of USD1 billion


Foreign shale gas operators have made it a habit to criticize the effect Poland’s regulations are hav-

ing on their exploration programs. They allege the red tape in combination with an unclear regulatory and taxation regime is prohibitive for shale opera-tions. The tax is expected to be too big a weight on future revenue, and the proposed state owned operator, NOKE, doesn’t sit well with foreign owned oil and gas companies.

But if there’s anything that shale gas explorers in Poland are pleased about in terms of regulatory regime, it’s the relaxed procedure for environmental impact assessment (EIA). In short, the EIA is mandatory if a project is listed on the government’s list of projects that always have a significant impact on the environment. The EIA might be made mandatory if a project is judged to have such an impact by a regional authority.

The distinction is made on the basis of the European Commission’s direc-

tive on EIAs, which is currently under-going a revision process in the Euro-pean Union law making bodies, the European Parliament and the Com-mission itself.

SIMPLE BUT SIGNIFICANTThe EU’s proposal is simple but, if enters into force, will have a significant bearing on shale operations in Poland. In short, it will move all shale gas proj-ects, regardless if they’re exploration, evaluation or production to the cate-gory of projects where an EIA proce-dure will be mandatory.

By contrast, the change in the Polish EIA law, which took place in July 2013, to foster the development of shale gas in Poland, stated that exploratory wells drilled to a depth of no more than 5,000 metres will not require impact assessments. Until now the maximum depth was 1,000 metres, which put all exploratory wells under the EIA re-gime. The 5,000-meter cap will do the

While Poland is going to lengths to relax the procedures for environmental impact assessment of shale gas projects, the European Commission is working on a proposal to do exactly the opposite.

B y W o j c i e c h K o ś ć

Collision Coursee n V i r o n M e n T a l r e g U l a T i o n S

opposite - exempt a great majority of them.

The EIA will be mandatory in the case of wells drilled in sensitive areas, for example those that are closer than 500 metres from housing.

Contrary to what the industry has to say about brewing changes to taxation and concession regimes, the EIA law update was welcome. The changes cur-rently proposed by the EU, however, might have the industry either speed up exploration or give up on Poland altogether. Speeding operations have not yet taken place, allowing specula-tion that the new EIA rules, to which Poland will have to conform eventu-ally, may spell the end of Poland’s brief affair with shale gas.

A PROPOSAL TOO FARAccording to the Polish ministry of environment, which is in charge of transposing and implementing EIA regulations, the EU is proposing goes


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much too far. According to the minis-try, the EU is aiming to put bigger environmental restrictions on uncon-ventional gas than on conventionals, while the exploratory stage in either case is similar.

The EU proposal is in line with the general trend in Europe that has had shale gas projects slow down or stop altogether in a number of countries, mostly due to national law making bodies and citizens’ concern about the environmental impact of shale gas operations.

In Lithuania, for example, a group of MPs has motioned for the Constitu-

tional Court to decide whether leaving residues from fracking underground was legal. In Romania, a local govern-ment banned operations to find itself in court with a regional administration. In France, there’s a blanket ban on fracking and one is likely on the cards from the newly elected German gov-ernment.

Poland, however, is standing firmly on the position that a successful take off of shale gas production, which the deputy ministry of environment Piotr Woźniak said would happen in 2016, is necessary for the Polish economy. This would be for a number of reasons,

according to Mr. Woźniak including a bigger energy security in a country largely relying on gas import from Rus-sia, or as a means to move the entire energy sector away from a near com-plete dependence on coal. For geopo-litical and commercial reasons, Poland has much to gain from a less strict interpretation of the EIA.

Apart from a stricter EIA regime, the new version of the EIA directive cur-rently in the work in the Commission, aims at strengthening the role of the public in the decision-making process. According to law firm SSW, members of the public would be entitled for a legal challenge of a shale gas project within three months after all other permitting has been completed. As a consequence, projects would not kick off until a certain times has passed for the public to state their opinion.

Whether or not the stricter interpre-tation of the EIA will slow up explora-tion in Poland remains to be seen.

The changes currently proposed by the EU might have the industry either speed up

exploration or give up on Poland altogether.

ISTO

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Kris

ADAM SOCHACZEWSKI (1969 – 2013)The Shale Gas Investment Guide pays itsrespects to the late Adam sochaczewski, teacher, geologist, and board member of Gas Plus international.


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These are the faces of the individuals who today play a role in shaping shale gas exploration and production in Europe. some are ardent proponents. some would sooner see oil and gas stay in the ground. The sGiG would like to introduce you to a few faces you may recognize; others you may not.

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Aligning European stakeholders to promotethe commercialisation of shale gas in Europe

4th Annual

www.eug-summit.com

Readers can save 10% on their place by simply quoting CT1 when registering

Uniting the commercial andpolitical worlds of natural gas

www.europeangas-conference.com

Pan-Europeanspeakers include:

Mr. Maciej Grabowski, Undersecretary of StateMinistry of Finance,State Ministry ofFinance, Poland

Andrew Moorfield, Head of Energy EMEA, Scotiabank GlobalBanking and Markets,UK

Michael Gessner, Director, Ministry of Economyand Energy North RhineWestphalia, Germany

Mine Artug, Permitting andEnvironmentalManager, OMV, Turkey

Francis Egan, Chief Executive Officer, Cuadrilla Resources,UK

Joachim Pünnel, Vice President,Business Unit Germany,Wintershall, Germany

Dr. Coskun Namoglu, Deputy Director ofExploration Department,TPAO, Turkey

Dr Lazzez Marzouk, Geologist, ExplorationDepartment, Tunisian Oil Company(ETAP), Tunisia

Co-located with, from 28 - 30 January 2014, Vienna, Austria

For more information contact Paul EdgePaul Edge | Marketing Manager | +44 (0)207 384 8012 [email protected]

Phil MurphyVice-President -Corporate PolicyBG Group

Philippe SauquetPresidentTotal Gas & Power

Marco AlveràMidstream - SeniorExecutive Vice PresidentENI

Charles EllinasCEO Cyprus NaturalHydrocarbons CompanyRepresentation ofMinistry of Energy,Commerce, Industry,and Tourism, Cyprus

Taner YildizEnergy and NaturalResources MinisterTurkey

Rune BjornsonSenior Vice PresidentNatural GasStatoil

Klaus-Dieter BorchardtDirectorDG - Energy - EuropeanCommission

Speakers include:Hans-Peter FlorenMember of the ExecutiveBoard - Responsible forGas & PowerOMV Aktiengesellschaft

12860 EVG A4 Advert8 USE_Layout 1 05/11/2013 17:09 Page 1

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Guide


The Who’s Who section is dedicated to unconventional resource exploration companies and their unconventional concessions exclusively. According to Polish law only one entity may be a concession holder. This is why especially in cases of JVs, dedicated holding companies are formed. We list companies as having stake

in those dedicated holding companies rather than concessions themselves. Holding companies in Poland are typically limited liability companies (sp. z o.o.)

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l 3Legs Resources p.52

l BNK Petroleum p.52

l CalEnergy p.53

l Chevron p.53

l CNOOC p.54

l ConocoPhillips p.54

l Cuadrilla Resources p.55

l Dart Energy p.55

l DPV Service p.56

l Eni p.56

l ExxonMobil p.57

l Hutton Energy p.57

l LNG Energy p.58

l LOTOS p.58

l Mac Oil p.59

l Marathon Oil p.59

l Mitsui p.60

l PKN Orlen p.60

l Petrolinvest p.61

l PGNiG p.61

l RAG p.62

l San Leon Energy p.62

l Sorgenia p.63

l Stena p.63

l Total p.64

l Wisent Oil & Gas p.64

operators

WhO’SWhO

iN CONCeSiONS/POlaNd


CONTACT INFO

Kamlesh ParmarCEO

ul. Chmielna 13A00-021 Warsaw(+48) 22 505 91 77www.3legsresources.com

BOARD MEMBERSKamlesh Parmar Clive NeedhamPaul Quirk

HOLDING COMPANIESLane Energy Exploration Lane Resources Poland

Cedry Wielkie 809 1

Stegna 625 -

Godkowo 904 -

Glinica-Psary 1,038 -

Bytom-Gliwice 584 -

Name Acreage (km2)

Wells

c o n c e s s i o n a r e a

RUSSIA LITHUANIA

BELARUS

SLOVAKIA

CZECHREPUBLIC

GERMANY

Zone of interestConcession area

Łódź

Poznań

Wrocław

Rzeszów

Olsztyn

Gdańsk

Szczecin

WARSZAWA

Lublin

Bydgoszcz

Katowice Kraków

COMMENT:“The2013explorationandappraisalprogrammeagreedwithConocoPhillipsandnowunderway,[includes]aprogrammeoftestingoftheStrzeszewoLE-1verticalwell,plusthedrillingandtestingofafurthertwoormoreverticalwellsontheGroup’swesternBalticBasinconcessions.”- 2012 Corporate Annual Report

Damnica 30 ConocoPhillips

Lębork 30 ConocoPhillips

Karwia 30 ConocoPhillips

Concession Name

Interest (%)

Concession Holder

s t a k e i n

CONTACT INFO

Troy WagnerGeneralManager

ul. Wiktorska 6302-587 Warsaw(+48) 22 540 17 50www.bnkpetroleum.com

BOARD MEMBERSWolf RegenerMartin Robert

HOLDING COMPANIESIndiana Investments Saponis Investments

COMMENT: “BNKisawaitingtheenvironmentalimpactassessmentandconcessionmodificationtodrillahorizontallateraloutoftheirGapowowellontheBytówconcession.” - April 2013 Corporate Overview


RUSSIA LITHUANIA

BELARUS

SLOVAKIA

CZECHREPUBLIC

GERMANY


Łódź

Poznań

Wrocław

Rzeszów

Olsztyn

Gdańsk

Szczecin

WARSZAWA

Lublin

Bydgoszcz

Katowice Kraków

Starogard 878 1

Słupsk 919 1

Sławno 1,154 1

Darłowo 1,152 -

Bytów 1,169 1

Trzebielino 1,167 1

Name Acreage (km2)

Wells “BNK is very excited by its drilling results to

date and looks forward to

accelerating its invest-ments in Poland”

Troy T. WagnerGeneral Manager

c o n c e s s i o n s h e l d


POLAND

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CONTACT INFO

John ClaussenCountryManager

Aleja Wyścigowa 602-681 Warsaw(+48) 22 460 10 00www.chevron.com

BOARD MEMBERSDavid JonesMarian Sewerski John ClaussenGeorge Psefteas Derek Magness

HOLDING COMPANIESChevron Polska Energy Resources

COMMENT: “ThedrillingofthefirstwellintheGrabowiecconcessionwascompletedinMarch2012,followedbyadiagnosticfractureintegritytestconductedinDecember2012.Asofearly2013,theresultsofthewellareunderevaluation.AfirstwellwasalsodrilledintheFrampolconcessionduring2012.DrillingofawellintheZwierzyniecconcessioncommencedinDecember2012.”- Supplement to the 2012 Annual Report


RUSSIA LITHUANIA

BELARUS

SLOVAKIA

CZECHREPUBLIC

GERMANY


Łódź

Poznań

Wrocław

Rzeszów

Olsztyn

Gdańsk

Szczecin

WARSZAWA

Lublin

Bydgoszcz

Katowice Kraków

Zwierzyniec 824 1

Kraśnik 1,194 -

Frampol 1,178 1

Grabowiec 1,195 1

Name Acreage (km2)

Wells

“Continued exploration drilling is

planned for 2013”Supplement to the

Annual Report


CONTACT INFO Peter YoungsManagingDirector

Al. Wilanowska 206 /1902-765 Warsaw(+48) 22 853 01 76www.calenergy.com

BOARD MEMBERSPeter YoungsMichael SparksRobert YoungsThomas Fielden

HOLDING COMPANIESCalEnergy Resources Poland

COMMENT:Despitehavingfarmedintoaconcessionintheshalegaspotentialzone,CalEnergyrepresentativesinformedtheShale Gas Investment Guide ofnotbeinginterestedinexploringforunconventionalresources.- Cleantech Poland

“I am very pleased to have completed this

transaction and looked forward to working

closely with LOTOS to develop the full poten-

tial of the assets” Peter Youngs

Managing Director


RUSSIA LITHUANIA

BELARUS

CZECHREPUBLIC

GERMANY


Łódź

Poznań

Wrocław

Rzeszów

Olsztyn

Gdańsk

Szczecin

WARSZAWA

Lublin

Bydgoszcz

Katowice Kraków

Gaz Północ 49% Lotos

Concession Name

Interest (%)

Concession Holder

s t a k e i n

POLAND


CONTACT INFO Jarosław RaczyńskiGeneralManager

ul. Wiejska 17/500-480 Warsaw(+1) 403 470 9184www.nexeninc.com

BOARD MEMBERSLewis HarveyKaren BurgessAndrew Quarles Van UffordJari Niemi

HOLDING COMPANIESNexen Petroleum Poland

COMMENT: “Westronglybelievethatthisacquisitionisagoodstrategicfitforusandwillcreatelong-termvalueforourshareholders.”-Wang Yilin, Chairman of CNOOC Limited

“The Company is delighted to acquire

a leading international platform through the acquisition of Nexen”

Wang Yilin, Chairman of CNOOC

Limited


RUSSIA LITHUANIA

BELARUS

SLOVAKIA

CZECHREPUBLIC

GERMANY


Łódź

Poznań

Wrocław

Rzeszów

Olsztyn

Gdańsk

Szczecin

WARSZAWA

Lublin

Bydgoszcz

Katowice Kraków

Kwidzyń 40 Marathon

Brodnica 40 Marathon

Orzechów 40 Marathon

Płońsk S 40 Marathon

Rypin 40 Marathon

Lidzbark 40 Marathon

Ciechanów 40 Marathon

Sokołów Pod. 40 Marathon

Siedlce 40 Marathon

Concession Name

Interest (%)

Concession Holder

s t a k e i n

CONTACT INFO Laurie St AubinCountry Manager

Rondo ONZ 100-124 Warsaw(+48) 22 209 04 00www.conocophillips.com

BOARD MEMBERSLaurie St AubinAd Van Der ZandenLawrence Archibald

HOLDING COMPANIESConocoPhillips E&P PolandConocoPhillips Poland BVLane Energy Poland

COMMENT:“WearefocusednowonthisBalticregion.We’vedrilledthereseveralwellsalready.Wethinkthatthisplayreallycouldwork.We’vegotonehorizontaldrilling,we’relearningthingsabouthowtooptimizethecompletion,we’vegotmoredrillingplannedin2013totesthowthisshalethickensaswemovetothenorth.”- Matt Fox, EVP, Exploration and Production


RUSSIA LITHUANIA

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“We are hopeful that this will turn into an attractive unconventional

development opportunity”

Matt Fox, EVP, Exploration and Production

Damnica 784 1

Lębork 1,062 3

Karwia 209 -

Name Acreage (km2)

Wells


POLAND

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CONTACT INFO

Zbigniew ŻukCountryManager

Aleje Jerozolimskie 56C00-803 Warsaw(+48) 22 630 22 90www.dartenergy.com.au

BOARD MEMBERSEytan UlielDouglas Bain

HOLDING COMPANIES Milejów LLP

COMMENT: “Otheroperations(India,continentalEurope,certainassetsinIndonesiaandChina)areconsiderednon-core,andwillbescaledbacksubstantially,withaviewtopartnering,farming-out,selling,orexiting,inamannerthatbestmaximisesthereturntotheCompany.Additionalcapitalwillnotbedeployedtothesenon-coreoperations.”- Press Release, April 2, 2013

“... with the 2013 planned work

programme now focusing primarily on the UK, existing funds

will meet the company’s needs for the next 12 months”

Nick Davies, Chairman


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Milejów 372 -

Name Acreage (km2)

Wellsc o n c e s s i o n s h e l d

CONTACT INFO

Marek MadejaCountryManager

ul. Syrokomli 5C03-335, Warsaw(+48) 22 818 97 95 www.cuadrillaresources.com

BOARD MEMBERSFrancis EganMarek Madeja

HOLDING COMPANIESCuadrilla Poland

COMMENT:“Cuadrillawill,inthefirstinstance,beundertakinga150km2Dseismicprogramwhichisexpectedtobecompletedinthefirstquarterof2013[onthePionkiconcession].”-Corporate Website


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“The Pionki licence in Poland will

complement our ongoing exploration activities in the UK,

Holland, and Hungary”

Francis Egan, CEO

Międzyrzec P. 1,174 -

Łuków 628 -

Pionki 827 -

Name Acreage (km2)

Wells


POLAND


CONTACT INFO Sergio LauraSeniorVP,ManagingDirectoreniPolska

Al. Armii Ludowej 26 00-609 Warsaw(+48) 22 35 17 200www.eni.com

BOARD MEMBERSGiuseppe TannoiaRoberto Castriota Sergio Laura

HOLDING COMPANIESEni Polska


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“We have drilled and extensively cored

three wells, one of those has been

fracked having gas at surface”

Marino AstorriRegional Liaison Manager

Polonia

Malbork 999 1

Elbląg 574 2

Młynary 395 -

Name Acreage (km2)

Wells


Białobrzegi-R. 774 -

Korczmin 629 -

Lipsko 1,192 -

Radom 895 -

Opole Lub. 388 -

Name Acreage (km2)

Wells

CONTACT INFO Dmitry KuznetsovPresident

Nowogrodzka 50 lok. 51500-540 Warsaw(+48) 511 490 073www.dpvservice.pl

BOARD MEMBERSDmitry Kuznetsov

HOLDING COMPANIESDPV Service

COMMENT:“Basedoninformationprovidedintheirconcessions,DPVshouldhavehadtwowellscompletedbyQ12013,oneonBiałobrzegi-RusinówandoneonOpoleLubelskieconcessions.”- Cleantech Poland

COMMENT:“Coresandtestresultsarecurrentlyextensivelyanalyzedinourlabbyourdedicatedteamtodrawacomprehensivepictureoftheresultsgatheredsofar.” - Marino Astorri, Regional Liaison Manager Polonia

“We are currently realizing concession

obligations - gathering 2D seismic data with the help of Geofizyka

Torun and Acoustic Geofizika“

Company Website


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CONTACT INFO

Pawel ŻukCountryManager

Aleje Jerozolimskie 8102-001 Warsaw(+48) 22 695 02 70www.huttonenergy.com

BOARD MEMBERSDavid MessinaCharles Morgan

HOLDING COMPANIESStrzelecki EnergiaStrzelecki Energia WarszawaStrzelecki Energia MazowieckaStrzelecki Energia ŁukowskaStrzelecki Energia WołominStrzelecki Prabuty Południowe

COMMENT: “WearecurrentlywaitingonlicensemodificationapprovalfromtheMoE,whichwillenableustocontinueourworkprogrammewithSanLeonontheSouthPrabutylicenseintheBaltic,WieluńandOleśnicalicensesintheCarboniferous.”-Anna Maio, Corporate Communications Manager


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Prabuty Poł. 481 -

Koło 1,172 -

Poddębice 645 -

Łódź Zachód 809 -

Oleśnica 1,161 -

Wieluń 888 -

Name Acreage (km2)

Wells“We are very excited

about our Jurassic prospects and await-ing approvals on the

three EIAs that we have lodged with the

regional environmen-tal offices”

Anna Maio


CONTACT INFO

Adam KopyśćPublic&GovtAffairsAdvisor

Ul. Chmielna 85/8700-805 Warsaw(+48) 22 586 18 00www.exxonmobil.com

BOARD MEMBERSJames JohnstonErik OswaldVille Ylosjoki

HOLDING COMPANIESExxonMobil Exploration and Production Poland Energia Chełm

COMMENT: “ExxonMobilconfirmsthattheMinistryofEnvironmenthasapprovedExxonMobil’srelinquishmentapplicationsregardingtwoexplorationconcessionsinthePodlasieBasin(LegionowoandMińskMazowiecki)andone,togetherwithitspartner(TotalE&PPoland),intheLublinBasin(Werbkowice).” - Adam Kopyść


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EXXONMOBIL

Chełm 1,162 1

Name Acreage (km2)

Wells

“It is too early to comment on the

future of the Chełm concession in the

Lublin Basin” Adam Kopysc


POLAND


CONTACT INFO Piotr DąbekStrategyandDevelopmentDirector

Stary Dwór 980-958 Gdańsk(+48) 58 301 30 61www.lotos.pl

BOARD MEMBERSZbigniew PaszkowiczDariusz WojdyńskiKrzysztof Sułecki

HOLDING COMPANIESLOTOS PetrobalticBaltic Gas

COMMENT:“Withthesetypesofprojects[partnershipwithPGNiG],theinvestmentcycleiscountedinyearsratherthanmonths.[2013]willbejustthepreparatoryphasewhichwillincludeadditionalseismicresearchandanalysis.Thesecostswillbeintheareaoftensofmillionsofzlotys;theywon’thaveasignificantimpactonourbudget.” - LOTOS Board (Parkiet, October 18, 2012)

In reference to the PGNiG deal: “... we

don’t know yet how big Lotos’ stake

will be in specific concessions”

LOTOS Board (Parkiet , 2012-10-18)

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Gotlandia 881 -

Gaz Północ 1,075 -

Różewie 1,172 -

Łeba 1,154 -

Gaz Południe 887 -

Sambia W 888 -

Sambia E 1,092 -

Name Acreage (km2)

Wellsc o n c e s s i o n a r e ac o n c e s s i o n s h e l d

CONTACT INFO David NelsonCEO

ul. Bagno 2/22500-112 Warsaw(+1) 778 373 0103www.lngenergyltd.com

BOARD MEMBERSDave AfsethRobert GaytonPaul LarkinRichard GreenDavid Cohen

HOLDING COMPANIESLNG Energy Limited

COMMENT:”TheWęgrówconcessiontermsalsoincludetherequirementtodrillawelltoadepthof2,750mbyDecember2013.InJune2012,theCompanyfiledandreceivedarenewalfortheIławaconcessionextendingthetermtomaximumof5years.ThisextensioncarriesacommitmenttocommencedrillingawellinIławabeforeJune2014.”- 2012 Consolidated Financial Statement

“The Company is considering various

alternatives to remedy its existing liquidity

shortfall ...”Consolidated Financial

Statement


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Starogard 20 BNK

Słupsk 20 BNK

Sławno 20 BNK

Węgrów 50 SanLeon

Iława 50 SanLeon

Concession Name

Interest (%)

Concession Holder

s t a k e i n

POLAND

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COMMENT:“AfteranextensiveevaluationoftheCompany’sexplorationactivitiesinPolandandunsuccessfulattemptstofindcommerciallevelsofhydrocarbons,MarathonOilhaselectedtoconcludeoperationsinthecountry.TheCompanyisevaluatingdispositionoptionsforitsconcessions,whichhadanetbookvalueatMarch31,2013,of$12million.”- Press Release, April 2013

CONTACT INFO John PorrettoExternalCommunications

ul. Złota 5900-120 Warsaw(+48) 22 379 94 40www.marathonoil.com

BOARD MEMBERSCarl R. Hubacher Jr.

HOLDING COMPANIESMarathon Oil (Area A - J)


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Kwidzyń 1,197 1

Brodnica 1,088 1

Orzechów 1,008 1

Płońsk S 360 -

Płońsk SE 245 -

Rypin 670 1

Lidzbark 1,046 -

Ciechanów 1,186 -

Sokołów Pod. 834 1

Name Acreage (km2)

Wells

Siedlce 740 1

Parczew 1,003 -

Name Acreage (km2)


CONTACT INFO James FitzsimmonsCEO

ul. Domaniewska 35A / 40 02-672 Warsaw

BOARD MEMBERSJames FitzsimmonsChristian Ceppi

HOLDING COMPANIESMac Oil (Poland)

COMMENT:Accordingtoconcessiondocumentation,MacOilbynowshouldhavecompletedreprocessingofavailablegeologicaldata.ByNovember2014100kmof2Dseismicshouldbeshotandanalyzed.Thisisalmosthalfthesizeoftheconcession-Cleantech Poland


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MAC OIL

Gdynia 253 -

Name Acreage (km2)

Wells Mac Oil has one shale gas concession

in Poland, covering one of the country’s

most important agglomerations:

the Tri-cityCleantech Poland


POLAND


CONTACT INFO Dominika MackiewiczSeniorPRCoordinator

ul. Przyokopowa 3101-208 Warsaw(+48) 22 778 02 00www.orlenupstream.pl

BOARD MEMBERSWiesław PrugarPaweł Martynek

HOLDING COMPANIESORLEN Upstream

COMMENT: ”Thisyear,PKNORLENisplanningtodrillanumberofexploratorywells,andtwonewlocationsforverticaldrillingarebeingprepared.Further,inthefirsthalfof2013theCompanyintendstoperformtwohydraulicfracturingtreatmentsintheWierzbicaandLubartówlicenceareas.”- Company Website, February 22, 2013


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Garwolin 884 1

Lubartów 1,147 2

Bełżyce 1,019 -

Lublin 967 -

Wierzbica 652 3

Hrubieszów 415 -

Sieradz 917 -

Wołomin 1,181 -

Wodynie-Łuk. 1,191-

Łódź 691-

Name Acreage (km2)


“The results of our preliminary geological

surveys proved very promising, and so we

decided to start a new exploratory well [on the

Wierzbica license]”Wiesław Prugar, CEO

CONTACT INFO Oishi YasuhiroGeneralManager

Aleje Jerozolimskie 65/7900-697 Warsaw(+48) 22 630 60 19www.mitsui.com

BOARD MEMBERSKatsuya Okano

HOLDING COMPANIESMitsui & Co. Deutschland GMBH

COMMENT:MitsuiisthefirstandonlyJapaneseinvestorinPolishshaleexplorationactivities.TheyhaveatrackrecordfromparticipationintheMarcellusplayinPennsylvania.- Cleantech Poland

“Exploration activities are progressing

according to plan, wells are being

drilled one after the other”

Anna Soszynska- Kalisiewicz, Mitsui


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Kwidzyń 9 Marathon

Brodnica 9 Marathon

Orzechów 9 Marathon

Płońsk S 9 Marathon

Rypin 9 Marathon

Lidzbark 9 Marathon

Ciechanów 9 Marathon

Sokołów Pod. 9 Marathon

Siedlce 9 Marathon

Concession Name

Interest (%)

Concession Holder

s t a k e i n

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wh

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COMMENT: “WisentOilandGas,inwhichPetrolinvestSAhasa31,67%stake,informedtheCompanyofthecommencementofthedrillingprogramincludingtwowellsonthetwoBalticbasinconcessionsinnorth-easternPoland.AllotherexplorationactivitieswherePetrolinvesthasinterestareprogressinginaccordancewithconcessionobligations.”- Tomasz Tarnowski

Częstochowa 750 -Repki 882 -

Siemiatycze 892 -

Grudziądz 699 -

Maków Maz. 699 -

Chodel 189 -

Opole 1,044 -

Głubczyce 1,156 -

Kędzierzyn K. 994 -

Name Acreage (km2)

Wells

Lidzbark War. 31.67 Wisent

Węgorzewo 31.67 Wisent

Gołdap 31.67 Wisent

Kętrzyn 31.67 Wisent

Concession Name

Interest (%)

Concession Holder

c o n c e s s i o n s h e l d s t a k e i n

CONTACT INFO Tomasz TarnowskiCommunications

Aleje Jerozolimskie 65/7900-697 Warsaw(+48) 22 553 85 14www.petrolinvest.pl

BOARD MEMBERSBertrand Le GuernFranciszek KrokRoman NiewiadomskiMaciej WantkeMarek Pietruszewski

HOLDING COMPANIESSilurianECO Energy 2010


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CONTACT INFO Piotr GliniakHeadofExploration

ul. Kasprzaka 2501-224 Warsaw(+48) 22 691 79 67www.pgnig.pl

BOARD MEMBERSMirosław SzkałubaJacek Murawski

HOLDING COMPANIESPolskie Górnictwo Naftowe i Gazownictwo

COMMENT: “ Intermsofunconventionaldepositexploration(shalegas)13wellsareplannedtobedrilled(withaninvestmentcostofabout500mlnPLN).”-PGNiG Press Office“TheCompanyisproceedingtowardsthenextstepoftheprogram:stimulatingandflowtestingthe[Lubocino-2H]well.”-Joanna Zakrzewska, Press Officer

Wejherowo 731 4

Kartuzy-Sz. 783 -

Stara Kiszewa 1,178 1

“172” 937 -

“173” 937 -

“192” 922 -

“193” 942 -

Warka-Urs. 734 -

Ryki-Żyrzyn 426 -

Name Acreage (km2)

Wells

Kock-Tarkawica 1,028 -

Pionki-Kaz. 530 1

Wiszniów-Tar. 1,106 -

Tomaszów L. 741 1

Bartoszyce 670 -

Górowo Ił. 1,094 -

Name Acreage (km2)

Wellsc o n c e s s i o n s h e l d c o n c e s s i o n s h e l d c o n c e s s i o n a r e a

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CONTACT INFO John BuggenhagenExplorationDirector

ul. Mokotowska 100-640 Warsaw(+48) 22 378 97 00www.sanleonenergy.com

BOARD MEMBERSOisin Fanning Paul Sullivan John Buggenhagen Ray KingDaniel MartinJeremy Boak

HOLDING COMPANIESAurelian Oil and Gas Poland, Gora Energy, Helland Energy, Joyce Investments, Liesa Energy, Maryani Investments, San Leon Rawicz, San Leon Praszka, San Leon Wschowa, San Leon Czersk, Talisman Energy Polska, Oculis Energy, Wieluń LLP, Oleśnica LLP, South Prabuty LLP

COMMENT: “WeareveryexcitedaboutourevolvingrelationshipwithHalliburtonwhichwillhelpusprovethehugeresourcepotentialoftheCarboniferousunconventionalgasplayacrossourvastacreagepositionintheSWCarboniferousBasininPoland.”- Oisin Fanning, Executive Chairman

c o n c e s s i o n s h e l d c o n c e s s i o n s h e l d c o n c e s s i o n a r e a

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CONTACT INFO Elisabeth KolmCommunications

Schwarzenbergplatz 16 A1015 Vienna(+43) 50724 5448www.rag-austria.at

BOARD MEMBERSMarkus MittereggerKurt SonnleitnerMichael Längle

HOLDING COMPANIES

Starogard 26.3 BNK

Słupsk 26.3 BNK

Sławno 26.3 BNK

Concession Name

Interest (%)

Concession Holder

s t a k e i n

COMMENT:“Asecuresupplyofaffordable,environmentallyfriendlyenergyiscrucialtomaintainingindustrialemployment.Withoutsecureenergysuppliesdomesticindustryhasnolong-termfuture.“- Kurt Sonnleitner, Chief Technical Officer

“Producing and using European

mineral resourceswill reduce import

dependence and generate economic growth in the EU” Kurt Sonnleitner, CTO


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Gniew 1,191 -

Iława 746 -

Węgrów 711 -

Nowa Sól 1,166 2

Wschowa 1,078 -

Rawicz 742 -

Góra 706 1

Czersk 702 -

Praszka 1,199 -

Name Acreage (km2)

Wells

Prusice 758 -

Kotlarka 213 -

Gdańska W 894 1

Braniewo S 1,043 1

Szczawno 603 1

Prabuty Płd. 481 -

Oleśnica 888-

Wieluń 1,161-

Name Acreage (km2)

Wells

POLAND

wh

o’s

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CONTACT INFO Annika HultManagingDirector

26b, Boulevard RoyalLU-2449 Luxembourg(+352) 26 48 67 00 www.stena.com

BOARD MEMBERSPeter Claesson*Annika Hult*

* Wisent Oil and Gas board members

HOLDING COMPANIESStena International SARL

COMMENT: “ThecompanyispleasedtoannouncethatitclosedafurtherprivateplacementofnewequitytoStenaInvestmentandtopartiesrelatedtodirectorsofthecompany.Fundsraisedundertheplacementtotal£7.25millionbeforecosts.”- NRS, London Stock Exchange

Lidzbark War. 29.7 Wisent

Węgorzewo 29.7 Wisent

Gołdap 29.7 Wisent

Kętrzyn 29.7 Wisent

Concession Name

Interest (%)

Concession Holder

s t a k e i n “Stena (...) has warrants to subscribe for additional shares

which, would increase its

shareholding in the Company to 35%”

NRS, London Stock Exchange


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CONTACT INFO Davide BergamaschiInvestorRelationsDirector

Via Vincenzo Viviani, 12Mi 20124 Milan(+39) 026 719 911www.sorgenia.com

BOARD MEMBERSHOLDING COMPANIESSorgenia E&P

COMMENT: “PartnershipswithBNK,RAGandLNGEnergy.Thiscollaborationguaranteesspecifictechnologicalknow-how,operatingexperience/efficiencyintheShaleGassectorandcompliancewiththestrictEuropeanstandardsintermsofsafetyandtheenvironment.Encouragingresultsaftertheinitialexploratorydrillings.”- Sorgenia Group Company Profile

Starogard 27 BNK

Słupsk 27 BNK

Sławno 27 BNK

Concession Name

Interest (%)

Concession Holder

s t a k e i n

“High technological risk but great

potential for the development of new

forms of gas sourcing”

Company Profile


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CONTACT INFO Krzysztof KlinowskiSeniorCoordinatorShaleGas

al. Jana Pawla II 8000-175 Warsaw(+48) 22 481 94 00www.total.com

BOARD MEMBERSMartine ValeixMarcel MarsBruno Courme

HOLDING COMPANIESTotal E&P Poland

COMMENT: “Theonlyactivityplannedin2013onChełmconcessionistheP&AofwellKrupe-1.TheprocessofExxonMobilwithdrawalfromChełmconcessionisnoteffectiveyet.Thereisthereforenochangeinthecurrentpartnership.”- Bruno Courme, Public Affairs

Chełm 49 ExxonMobil

Concession Name

Interest (%)

Concession Holder

s t a k e i n“It’s not with two wells that we will know. That’s the

problem with non-conventionals.

We find reserves almost well by well”

Christophe de Margerie, CEO


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CONTACT INFO Wes J. Skrobowski CEOWilliam Marble COO

ul. Chocimska 14 A00-791 Warsaw(+48) 22 856 10 00wisentoilandgas.com

BOARD MEMBERSWes J. Skrobowski William Marble

HOLDING COMPANIESWisent Oil & Gas

COMMENT: “TheBabiakNo.1wellhasbeendesignedtobedrilledtoaTDof2,400metresanditisplannedthat,afterlogging,thewellwillbesidetrackedwithahorizontalsectionofupto1,200metres.Afracofbetween6and8stagesisthenplanned,dependingonthelengthofthehorizontalsection.”-Press Release, February 2013

Lidzbark War. 895 1

Węgorzewo 134 -

Gołdap 621 -

Kętrzyn 683 1

Name Acreage (km2)


“The results of the Rodele No.1 well

and the initial results from Babiak No.1 should be known by the second

quarter of 2013”Wes J. Skrobowski, CEO


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Gdańsk

Szczecin

WARSZAWA

Lublin

Bydgoszcz

Katowice Kraków

POLAND

wh

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l Cuadrilla Resources p.66

l Dart Energy p.66

l Egdon p.67

l IGas p.67

operators

InthisissueoftheShale Gas Investment Guide,weintroduceselectedfourcompaniesprospectingforshalegasintheUnitedKingdom.OnceagainitseemstobeuptotheindependentandsmallenterprisestoproveuptheacreagebeforeIOCsshowmajorinterestintheplay.

Hydrocarbon exploration concessions in the UK are known as Petroleum Exploration and Development Licences, (PEDL).

Older concession types, EXL and AL, are no longer being issued.

Guide


WhO’SWhO

iN CONCeSiONS/uK


CONTACT INFO Francis Egan CEO

Cuadrilla HouseStowe Court, Stowe StreetLichfield, StaffordshirWS13 6AQ(+44) 1543 266 444www.cuadrillaresources.com

BOARD MEMBERSLord BrowneHaroun Van HovellJohn LancasterAllan CampbellTony KellyRoy FranklinFrancis EganTony CarruthersAndrew Quarles

HOLDING COMPANIESCuadrilla Resources Holdings Ltd

PEDL165 118-

EXL 269 51

PEDL 244 15-

EXL 189 41

EXL 189 31

PED L247 54-

Name Acreage (km2)


COMMENT: “During2013and2014CuadrillaproposestobroadenanddeepenthescopeofbothcommunityconsultationandenvironmentriskassessmentbycompletingafullEnvironmentalImpactAssessment(EIA)foreachexplorationwellsitewhereweseekplanningconsentfordrilling,hydraulicfracturingandflowtesting.”- Francis Egan, CEO

“Cuadrilla are determined to spare no effort in meeting

our exploration targets in an environmentally

and socially sustainable manner”

Francis Egan, CEO


Concession area

CONTACT INFO John McGoldrickCEO

Laurel Hill Business ParkPolmaise Road, StirlingFK7 9JQ(+44) 333 800 2000www.dartenergy.com.au

BOARD MEMBERSNicholas DaviesJohn McGoldrickEytan UlielMartin CooperMark Lappin

HOLDING COMPANIESGP EnergyDart Energy (Europe)

COMMENT: “TherehavebeenrecentregulatorydevelopmentsintheU.K.andNewSouthWales,Australiawhichprovidetheregulatoryframeworknecessarytoaccelerateworktowardstappingunconventionalgasresourcesintherespectivecountries.”- Nicholas Davies, Chairman

PEDL 147 90 -

PEDL 185 100 -

PEDL 186 100 -

PEDL 187 70 -

PEDL 189 100 -

PEDL 195 100 -

PEDL 196 75-

EXL 198 75 -

AL 010 75-

Name Acreage (km2)

Wells

PEDL 012 50 -

PEDL 133 367 -

PEDL 139 100 -

PEDL 140 150 -

PEDL 200 120 -

PEDL 207 30 -

PEDL 210 10-

EXL 288 10 -

Name Acreage (km2)

Wellsc o n c e s s i o n s h e l d c o n c e s s i o n s h e l d c o n c e s s i o n a r e a

Concession area

uNITED KINGDOM

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CONTACT INFO Andrew AustinCEO

7 Down Street London, W1J 7AJ(+44) 207 993 9899www.igasplc.com

BOARD MEMBERSAndrew AustinStephen BowlerJohn Blaymires

HOLDING COMPANIESIsland Gas

COMMENT: “WhilstwedohaveplanningconsentforexploratorydrillingatoursitesatIrlamandEllesmerePort,wewillcompleteourgeologicalassessmentbeforeanydecisionismadeastowheretheproposedshalewellsaretobedrilledfrom.”-Georgina Gilbert, PR & Communications

“IGas plans to drill two wells to explore

for shale in the North West before

the end of 2013” Georgina Gilbert

PR & Communications


Concession area

CONTACT INFO Mark AbbottManagingDirectors

The Wheat House98 High Street, OdihamHampshire, RG29 1LP(+44) 1256 702292www.egdon-resources.com

BOARD MEMBERSMark AbbottPhilip StephensJerry FieldWalter RobertsKen RatcliffAndrew Lodge

HOLDING COMPANIESEGDON RESOURCES U.K.

COMMENT:“EgdonintendstoevaluatethepotentialoftheLicencesthroughdrillingadeepexplorationwell,whichitishopedwillbeundertakenduring2014subjecttoobtainingallnecessaryconsentsandapprovals.”- Company Website

PEDL 139 10 DartEnergy

PEDL 140 10 DartEnergy

Concession Name

Interest (%)

Concession Holder

s t a k e i n

“RPS estimates the mean net Egdon total gas in place (“GIIP”) as 1.76 trillion cubic

feet of gas (“tcf”) within the Licences”

Company Website


Concession area

PEDL 107 211 -

PEDL 116 102 -

PEDL 145 102 -

PEDL 145 N 102 -

PEDL 184 386 -

PEDL 190 386 -

PEDL 193 296-

Name Acreage (km2)


uNITED KINGDOM


l Bayerngas GMBH p.69

l BEB Erdgas und Erdol GmbH & Co KG p.69

l CEP - Central European Petroleum p.70

l Oldenburgische Erdolgesellschaft MBH p.70

l Rhein Petroleum GMBH p.71

l RWE Dea AG p.71

operators

Guide


WhO’SWhO

iN CONCeSiONS/GeRMaNY

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GERMANy

CONTACT INFO Ronny A. Hauck

Riethorst 12, 30659 HannoverPostfach 51 03 60, 30633Telefon: 0511 / 6410e-mail: [email protected]: www.beb.de

BOARD MEMBERSNot Available

HOLDING COMPANIESBEB ERDGAS UND ERDOL GMBH & CO KG

COMMENT: Accordingtotheirwebsite, the roots of the company date back to the 19th Century. As a subsidiary of Shell and Esso (50%) BEC has become one of the leading oil and gas companies in Germany. In 2002, the affiliate BEB transferred its exploration and production activities to ExxonMobil Production Germany GmbH.


POLAND

NETHERLANDS

BELGIUM

FRANCE

SWITZERLAND

POLAND

CZECHREPUBLIC

Berlin

Bon

CONTACT INFO

Poccistr. 980336 MünchenTel.: + 49 (0) 89. 7200 0 www.bayerngas.de


HOLDING COMPANIESBAYERNGAS GMBH

COMMENT:Accordingtotheirwebsite,Bayerngas has become one of the few gas utilities in Germany to enter into the exploration and production sector (upstream segment). This demonstrates what municipal companies can achieve in the context of a partnership.


POLAND

NETHERLANDS

BELGIUM

FRANCE

SWITZERLANDPOLAND

CZECHREPUBLIC

Berlin

Bon

Name Acreage (km2)


Reudnitz 1

Name Acreage (km2)


Ahrensheide

Bramsche-Erw.

Delmenhorst-Els.

Dummersee-Uchte Zus.

Hamwiede

Harpstedt

Herford

Ibbenburen

Krummhorn

429

-

-845

-

-

-

-

-

-

-

3

-

1

-

-

-

-

-

Name Acreage (km2)


Minden

Misburg

Munsterland-West

Nordrhein-Westfalen N

Schaumburg-Verkl.

Scholen

Simonswolde

Taaken Rest

Unterweser

-

232

-

6,617

-

-

-

197

-

-

-

-

-

1

1

-

-

-


GERMANy

CONTACT INFO Not Available


HOLDING COMPANIESOLDENBURGISCHE ERDOLGESELLSCHAFT MBH

COMMENT: Noneavailable


POLAND

NETHERLANDS

BELGIUM

FRANCE

SWITZERLANDPOLAND

CZECHREPUBLIC

Berlin

Bon

CONTACT INFO A. Lammers

CEP Central European Petroleum GmbH10178 BerlinTel: +49 (30) 24 31 02 190Fax: +49 (30) 24 31 02 528E-Mail: [email protected]


HOLDING COMPANIESCEP - CENTRAL EUROPEAN PETROLEUM GMBH

COMMENT:CentralEuropeanPetroleumLtd.,registeredinAlberta,Canadain2006,anditswholly-ownedaffiliate,CEPCentralEuropeanPetroleumGmbH,registeredinGermanyin2008(together“CEP”),weresetuptopursuepetroleumexplorationopportu-nitiesintheEuropeanUnion,initiallyfocusingonGermany.-Corporate website


POLAND

NETHERLANDS

BELGIUM

FRANCE

SWITZERLANDPOLAND

CZECHREPUBLIC

Berlin

Bon

Name Acreage (km2)


Anklam

Grimmen 2

Lubben

Ribnitz

Stralsund

2,559

2, 016

1,479

102

756

-

4

1

-

-

Name Acreage (km2)


Jeverland

Munsterland

Oldenburg

-

-

5,657

-

-

1

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GERMANy

CONTACT INFO Derek MöschePressSpokesperson

T+49 40 6375-2670F+49 40 6375-3162M+49 162 273-2670 www. rwe.com


HOLDING COMPANIESRWE DEA AG

COMMENT: RWEDeaAGisaninternationaloilandgascompanyheadquarteredinHamburg,Germany.ItisasubsidiaryofRWE.RWEDeaownsproductionfacilitiesinGermany,theUnitedKingdom,Norway,Denmark,andEgypt,andalsoholdsexplora-tionlicencesinAlgeria,Ireland,Libya,Mauritania,Morocco,Poland,TurkmenistanandTrinidad&Tobago.- Wikipedia


POLAND

NETHERLANDS

BELGIUM

FRANCE

SWITZERLANDPOLAND

CZECHREPUBLIC

Berlin

Bon

CONTACT INFO Marcus Gernsbeck

Friedrichstraße 2D-76530 Baden-BadenTel.: +49 7221 973 72 – 16Fax: +49 7221 973 72 – 22www. rheinpetroleum.de


HOLDING COMPANIESRHEIN PETROLEUM GMBH

COMMENT:“There-openingofabandonedfieldsisonlyanicheindustry,butweareapartofit,anditwillberediscoveredevenbysomeofthelargeestablishedcommoditygroups.Asasmallcompany,wehaveatourdisposalallthesametechnicalcapacitiesasthebigplayers,butweworkwithfarlessadministrativeexpenditure.”-Michael Suana, Technical Director


POLAND

NETHERLANDS

BELGIUM

FRANCE

SWITZERLANDPOLAND

CZECHREPUBLIC

Berlin

Bon

Name Acreage (km2)


Graben-Neudorf

Heidelberg-Weinheim

Kinsau

Mindelheim

Mittlerer Oberrhein

Nordlicher Oberrhein

Schwaben-Sud grossr. Aufsuch.

330

260

249

460

657

682

2,061

-

-

-

1

-

-

-

Name Acreage (km2)


Celle

Cuxhaven-Verkleinerung

Drakenburg

Grafing

Hahnenhorn

Harpen-Gas

Heide-Restflache

Phonix

Preetz-Restflache

1,199

1,163

-

-

400

-

900

-

762

1

-

-

-

-

-

-

-

-

Name Acreage (km2)


Rautenberg

Rotenburg

Scharnhorst-Restflache

Verden

Werder

2,380

675

384

380

85

-

-

-

1

-


Guide


ServiceSdirectory

water, waste, proppant, sand, pipe, gelling agents, biocides

logistics, health, safety, environment, seismic, permitting

pressure pumping, casing, cementing, coil tubing, drill bits


DRILLING

Casing & Cementing

Directional Drilling

Drill Bits, Fluid Systems

Drilling Tools and Services

Engineering and Modeling

Hard Banding

Mud Logging

MWD and LWD

Pipe Supply

Rig Contracting

Waste Management

Water Hauling

Well Pad Construction

CO M PA n Y n A M e . . . . . PAG e

Baker Hughes 78exalo 84Halliburton 88Schlumberger 96

Weatherford 99UOS 98

Baker Hughes 78Drilltech 83Halliburton 88exalo 84

Meehan Drilling 92Schlumberger 96Weatherford 99 UOS 98

Baker Hughes 78exalo 84Halliburton 88Mi-SWACO 92

Pruitt 95UOS 98 Schlumberger 96

Baker Hughes 78Bentec 79Drilltech 83 exalo 84

JSH Drilling 90national Oilwell Varco 92Pruitt 95

CCS 80Core Laboratories (Saybol 82Geolog 87iLF 89

Wellynx 99national Oilwell Varco 92

Arnco 78 Hardbanding Solutions 88

Baker Hughes 78Drill-Lab 83exalo 84Geolog 87

GeO-data 86Geokrak 87Halliburton 88 Schlumberger 96

UOS 98Weatherford 99

Baker Hughes 78Halliburton 88 Schlumberger 96Weatherford 99

UOS 98

JSH Drilling 90national Oilwell Varco 92Sumitomo europe 96tenaris 97

US Steel 98 Workstrings 99

Discovery Drilling 82exalo 84KCA Deutag 90MnD Drilling 92

national Oilwell Varco 98UOS 98

ekotech energy 84Mi-SWACO 92

Apex Contracting 77

Apex Contracting 77CDM Smith 80ntS Construction 93


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COMPLETIONS

Casing & Cementing

Chemicals

Coil Tubing

Equipment Supply

Pressure Pumping

Proppant Supply

Water Management

Baker Hughes 78exalo 84Halliburton 88Schlumberger 96Weatherford 99UOS 98

Brenntag 79Champion technologies 80DOW 82Dow Corning 83Dow Microbial 83MultiChem 92

Baker Corp 78Balance Point Control 78Bentec 79C.A.t. 79Caterpillar 80Discovery Drilling 82Drill-Lab 83Drilltech 83

Ge Oil & Gas 86itS (Parker) 90JSH Drilling 90national Oilwell Varco 92Packers Plus 93Superior energy Services 97tech Pomp 97tenaris 97

UOS 98Weir 99Workstrings 99

Baker Hughes 78Drill-tech 83Halliburton 88 exalo 84 Meehan Drilling 92Schlumberger 96Weatherford 99 UOS 98

Baker Hughes 78Halliburton 88exalo 84Schlumberger 96tenaris 97Weatherford 99 UOS 98

Baltic Ceramics 78Weir 99

AeCom 77Apex Contracting 77Baker Corp 78CDM Smith 80Ge Oil & Gas 86PP-eKO 95Veolia 98




3rd PARTYSERVICES

Basin Modeling

Construction of Well Pads Construction of Roads

Corporate Services

Data Services

Due Dilligence Equity Fundraising

Environmental Services

Facilities Management

Geological Analysis

Human Resources

Land Man

Permitting

Seismic Services

Technical Translation

Argo 77Baker Hughes 78GeO-Data 86Geokrak 87

Geomage 87 Kidova 90Pangea 94Serafim 96

Argo 77Baker Hughes 78GeO-Data 86Geokrak 87

Geomage 87Kidova 90Pangea 94Serafim 96

Argo 77iOn 89GeO-Data 86Geokrak 87

Geofizyka Kraków 87Geofizyka torun 87Geolog 87Geomage 87

Geotrace 87Kidova 90Pangea 94PFC energy 95

PWC 95trinity Corporate Services 98

DBM Services 82

Bireta 79

HAYS 89iP Group 89

Apex Contracting 77CDM Smith 80ntS Construction 93

AeCom 77CDM Smith 80Golder & Associates 88GSe environmental 88

inwatec 89PP-eKO 95UrS 98Veolia Water 98

Apex Contracting 77CDM Smith 80iP Group 89

Apex Contracting 77CDM Smith 80iP Group 89

Cleantech Poland 80

Acoustic Geophysical 77Apex Contracting 77 iOn 89Geofizyka Kraków 87

Geofizyka torun 87iP Group 89iOn 89 UOS 98



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� It’s official. The slowdown in Poland has caused kit to move to other markets.

Weatherford sent equipment to Lithu-ania, moved their Poland country man-ager to Romania. Halliburton and Sch-lumberger have reassigned their country managers. Baker Hughes country man-ager is now based out of Germany. Poland is no longer the focus.

These shifts reflect the fact that there’s little drilling activity. Equity backed UOS won its first pumping contract, although the job was basically awarded at cost.

Elsewhere in Europe, drilling is slow to pick up. The UK shows the most prom-ise; Cuadrilla is most active. (see chart)

Germany could take off. Exxon has some 50 wells planned and could com-mence after national elections. Romania and Ukraine will move slowly along.

Parker Snyder (+48) 517 469 [email protected]

P A r K e r S n Y D e r D i r e C t O r , C L e A n t e C H P O L A n D

A n A LY S t ' S V i e WAbbot Group 77Acoustic Geophysical (Viking) 77AeCom 77Apex Contracting 77Archer Well - Allis Chalmers 77Argo Geological Consultants 77Arnco 78AViSHiP 78Baker Corp 78Baker Hughes 78Balance Point Control BV 78Baltic Ceramics 78BDP international 79Bentec 79Bireta 79Brenntag 79C.A.t. 79C.H. robinson 79Caterpilar 80CB&i 80CDM Smith 80Cleantech Poland 80Champion technologies 80Continuous Control Sols (CCS) 80Core Laboratories 82DBM Services 82dGB earth Sciences 82Discovery Drilling equipment 82DnV 82DOW 82Dow Corning 83DOW Microbial Control 83Drill-Lab (PGniG) 83Drilltech 83Duon 83efir energy Ltd 83ekotech energy 84energy Specialists Plat (eSP) 84ensign 84eurMidstream 84exalo Drilling 84expro 84Fairstar Heavy transport 86Fugro 86Ge Oil & Gas 86Geo-Microbial tech (GMt) 86GeO-Data 86GeoDynamics research 86Geofizyka Kraków (PGniG) 87Geofizyka torun (PGniG) 87Geokrak 87

GeoLog 87Geomage 87Geotrace Data int Services 87GL noble Denton 88Global Geophysical 88Golder Associates 88GSe environmental 88Halliburton 88Hardbanding Solutions 88HAYS 89iLF Consulting engineers 89iP Group 89iniG (PGniG) 89inwatec 89iOn 89itS (int tubular Serv) 90JSH Drilling, Ltd. 90KCA DeUtAG 90Kidova 90Linde Gaz Polska 90Maxi Cargo 90Meehan Drilling 92Mi-SWACO 92MnD Drilling 92Multi-chem 92nADrA Group 92national Oilwell Varco 92navigant 93neste Jacobs 93ntS Construction 93nutech energy 93Pace Global energy 93Packers Plus 93Pangea 94Panterra Geo 94PBG Geophysical 94Perekop Bromine 94Perforator 94Petrofac 94PFC energy 95PP- eko 95Pruitt 95ProChem 95PwC 95rodelta Pumps 95Schlumberger 96SerAFiM 96SGS 96SiMCO international 96Spirit technologies 96Sumitomo europe 96

SSW 97tata Steel Group 97tebodin 97teCH-POMP 97tenaris 97tPS - technitube röhrenwerke 97trinity Corporate Services 98United Oilfield Services 98UrS 98US Steel 98Vallourec 98Veolia Water Systems 98Weatherford 99Weir Oil & Gas Division 99Wellynx 99Workstrings 99

* The companies listed do business in Europe. If your company is not listed, or the informa-tion is incorrect, please contact us at [email protected]

S E R V I C E S D I R E C T O R Y *



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CO U n t rY

AC t i V i t Y

A D D r e S S CO n tAC t

Abbot Group Construction, drilling Global KCA DEUTAG Drilling GmbH Germany

(+44) 122 429 9600

Abbot Group is an oil and gas services company based in Aberdeen, Scotland. The Abbot Group employs more than 8,000 people in over 20 countries and has two operating divisions, KCA DEUTAG and Bentec, which provide drilling and related well and facilities engineering services to the energy industry. Abbot Group has a presence in the North Sea and operates in locations such as Russia, the Middle East, Caspian Region, North and West Africa, and Asia.

Acoustic Geophysical

(Viking)

Seismic services CEE Ul. Chłodna 11 lok. 425 00 - 891 Warsaw Poland

[email protected]

Acoustic Geophysical Services provides acquisition services for land seismic projects. Viking Services B.V. (Viking) announced the completion of its acquisition of Acoustic Ventures, LLC (Acoustic Geophysical Services) in late 2012. In a company statement, AGS said they will continue to provide seismic acquisition services in eastern and central Europe.

AECom General services Global Ambassador Building Domaniewska 34aWarsaw 02-672, Poland

(+48) 228 220 051 [email protected]

AECOM is a global provider of technical and management services in transportation, facilities, environmental, energy and water. AECOM has 45,000 employees in 140 countries and 2013 revenue of $8.2 billion. If you’d like, you can follow AECOM on Twitter at @AECOM. Good to know: the Poland office was awarded a Chevron contract in 2013.

APEX Contracting

Seismic, compensation, permitting

Poland, Iraq Rondo ONZ, 2nd floor,00-124 Warsaw Poland

Norbert (+48) 601 999 345Eric (+48) 503 861 695 apexcontracting.pl

Apex Contracting provides a range of energy services, including seismic, construction and logistics for water, waste and related oilfield services. In Poland, Apex provided permitting and compensation for ION Geophysical on Poland SPAN. Apex was responsible for well pads, sound walls and roadway construction, working for clients such as Marathon Oil, Chevron and Halliburton. In Iraq, Apex is providing construction services in Kurdistan for HESS.

Archer Well - Allis Chalmers

Integrated oilfield services

UK, Denmark, Norway - Global

Damsgårdsveien 135 5160 BergenNorway

(+47) 55 51 15 00www.archerwell.com

Archer is a global oilfield service company that specializes in production drilling, unconventionals, well intervention and well integrity. Archer employs 8,300 people. The name “Allis-Chalmers” is the name of the former company, the Allis-Chalmers Manufacturing Company. In February 2011, Allis-Chalmers Energy merged with Seawell to form specialist drilling and well service company Archer.

Argo Geological Consultants

Seismic services Netherlands Bachlaan 463706 BD ZeistThe Netherlands


Argo Geological Consultants offer geo-scientific services to the oil and gas industry. Formed in 1987, Argo consultants perform the following services: seismic interpretation, geological and geophysical mapping, stratigraphic prediction, reservoir modeling, and E&P team support. Argo Consultants can be seconded to the client office.

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CO M PA n Y

n A M e

S e rV i C e

S P e C i A L i t Y

CO U n t rY

AC t i V i t Y


Arnco Hardbanding Global Aberdeen, UK (+44) 774 028 0302

Arnco Technology Trust, Ltd. - Arnco - does hardbanding in a history that dates to 1946 when its founder Roman F. Arnoldy developed and patented a hardfacing alloy. Arnco Technology has products to improve drill string performance and casing wear protection. Consider the product for extreme conditions in deeper, more critical, directional and horizontal extended reach wells.

AVISHIP Logistics (maritime) France Bat D3, 135 Av Pierre Semard, 84000 AVIGNON, France


AVISHIP is dedicated to maritime transportation of project cargo, breakbulk and heavylifts. AVISHIP has a 10 year history providing lifting and maritime transport, consulting expertise and services in maritime engineer-ing and brokerage. The company works in the energy, oil and gas industries, in projects related to civil engineering, offshore drilling and marine infrastructure.

Baker Corp Liquids and sludge storage

North America, Europe

North Lincolnshire, DN20 8UN, UK

(+44) 330 333 2611 [email protected]

Baker Corp provides containment, pumping and filtration equipment and services. Baker Corp provides temporary steel storage tanks to the oilfield industry. The company has 100 locations in the U.S.A. and operators internationally in Europe, Canada and Mexico. Markets include chemical, manufacturing, refining, oil and gas, construction, municipal, industrial services, environmental remediation and wastewater.

Baker Hughes All integrated well services

Global Global (+44) 203 320 4900 [email protected]

Baker Hughes is an oilfield services company. Baker Hughes operates in 90 countries, providing drilling, formation evaluation, completion, production and reservoir consulting services. Baker Hughes has its headquarters in the America Tower in the American General Center in Houston. Baker Hughes Incorporated was formed when Baker International and Hughes Tool Company merged in 1987.

Balance Point Control BV

Balanced pressure and wireline services

UK, Germany, Netherlands

Karel Doormanstraat 4 7825 VT Emmen The Netherlands


Balance Point Control (BPC) provides hydraulic work over, snubbing, well control, engineering, wireline and rental services. Equipment includes Space Saver 385K, 340K Unit, 600K Unit, HWT 600K, Pulling Units, Casing Jack and Wireline Unit. Projects include water production shut off, straddle recovery, safeguarding a blown out well and securing a chemically contaminated well.

Baltic Ceramics Proppant Poland ul. Reymonta 768 - 300 Lubsko Poland

(+48) 22 654 66 14 [email protected]

Baltic Ceramics retails proppants and other products used in the extraction of hydrocarbons from unconven-tional oil and gas formations. Baltic Ceramics is the first proppant distributor on the Polish market, and aims to build a large production facility through both private and public funding sources


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A D D R E S S CO N TAC T

BDP International

Logistics Global ul.Osmanska 5 02-823 Warsaw Poland

(+48) 22 544 1721 bdpinternational.com

BDP provides logistics services: air, ocean and ground - through the use of subsidiaries throughout Europe. In Poland they work with POL-MARE, ul. 17 Stycznia 32 lok. 2/8 02-148 Warsaw and C.E. TRANSPORT POLAND SP. z o.o., ul. Osmanska 5, 02-823 in Warsaw. The company is privately owned and located in Philadelphia, Pennsylva-nia in the U.S.A.

Bentec Rig and drill manufac-turer(Europe, Middle East)

Europe, Middle East

Deilmannstraße 1 48455 Bad BentheimGermany


Bentec is a manufacturer of drilling rigs and oilfield equipment worldwide with 125 years of history. A vertically integrated provider, drilling solutions include engineering, design and manufacturing customized drilling rigs, drilling components and electrical control systems. They can provide 24/7 field support and repair or overhaul rigs globally.

Bireta Translation Poland ul. Bronikowskiego 3/102-981 WarsawPoland

(+48) 22 648 55 77 [email protected]

Bireta provides technical translation services up to several thousand pages per month. A project management team guides translators and proofreaders in the construction, process control, electrical, mechanical, natural gas and information technology sectors. Projects include FGD Plants, wind farms, power units, CFB boilers, Combined Cycle Power Plants, CCS plants, NOx denitrification plants, and the LNG Regasification Terminal.

Brenntag Chemical distribution Global Ul. Kwasowa 5 95-100 Zgierz Poland

(+48) 61 89 36 510 www. brenntag.pl

Brenntag is a chemical distributor headquartered in Germany. Brenntag operates a global network in 70 countries employing 13,000 and generating sales of €9.7 billion in 2012. Brenntag links chemical manufactur-ers to users with 10,000 products and could be market leader in Europe.

C.A.T. Oilfield equipment, tubing, proppant

Europe Celle, Vorbruch 629227, Germany


C.A.T. is a designer, manufacturer and marketer of oilfield equipment. A 20 year history, C.A.T.’s product lines include equipment for well stimulation, well workover and service, including drilling, coiled tubing, nitrogen pumping, cementing, acidizing and sand control equipment. Headquartered in Celle, Germany C.A.T. is vertically integrated: C.A.T. Construction GmbH, TACROM Service S.R.L., and TACROM Drilling S.R.L. among its sister companies.

C.H. Robinson Logistics, supply chain management

Global Al. Jana Pawła II 29 Warsaw, Poland

(+48) 22 653 65 30 [email protected]

C.H. Robinson is a third party logistics (3PL) providers offering multimodal transportation services and logistics solutions. In Poland, C.H. Robinson works with operators and service companies to manage air and ocean freight forwarding, customs brokerage, intra-continental distribution, documentation, and regulatory requirements.

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Caterpillar Machine construction Global 100 NE Adams StreetPeoria, Illinois 61629, USA

(+1) 309 675 1000 www.cat.com

Caterpillar provides equipment and services to the oil and gas industry including gas compression, land and offshore drilling, well servicing, work over rigs, mechanical drives for cranes, fire pumps, fracturing, pressure pumps, generator sets, power modules. Claims to be one of the market leaders in gas compression, drilling, and well servicing products.

CB&I Technology, procure-ment and construction

Global Oostduinlaan 75 2596 JJ The Hague

(+31) 703 732 010 www.cbi.com

CB&I is a large multinational conglomerate engineering, procurement and construction (EPC) company. CB&I specializes in projects for oil and gas companies. According to one of the founder’s heirs, “Chicago Bridge & Iron isn’t in Chicago, doesn’t build bridges and doesn’t use iron.” CB&I employs approximately 50,000 persons.

CDM Smith Consulting, engine-ering, construction, permitting and operations

Global Ul. Stawki 40 01- 040 Warsaw Poland


CDM Smith provides services in water, environment, transportation, energy and facilities. An engineering and construction firm, CDM Smith is employee-owned with its headquarters in Cambridge, Massachusetts in the U.S.A. In Poland, the company provides environmental, construction and project management services to the oilfield and power sectors.

Champion Technologies

Chemicals Global 3200 Southwest Freeway, Suite 2700Houston, TX USA

(+1) 713 627 3303 www.champ-tech.com

Champion Technologies is a specialty chemical company with 3,200 employees in 100 locations in more than 50 countries delivering to upstream and midstream oil and gas markets. Champion Technologies, from its roots in West Texas, provides services in offshore/deepwater, Arctic, heavy oil, oil sands, EOR, refinery, shale gas and oil, and industrial facilities.

Cleantech Poland

Equity fundraising, commercial due dilligence

Poland Ul. Krucza 51/31 00-022, WarsawPoland

+48 517 469 881 [email protected]

Cleantech Poland (CTP) is due-diligence consultancy and media platform for sustainable business. CTP advises upstream oil and gas clients and produces the Shale Gas Investment Guide, a magazine about the develop-ment of Poland’s shale basins. CTP raises investment equity for upstream clients and advises international companies on market entry strategies.

Continuous Control Solutions (CCS)

Control systems & engineers

Global 11275 Aurora AveDes Moines, IAUSA


CCS provides the design, implementation and commissioning of control systems for industrial turbines, compressors and process applications. CCS turbo machinery systems control gas turbines, steam turbines, expanders, compressors, pumps and generators for use in speed control, load control, surge prevention control, among other processes.


P oland is close to adopting new legislation that will affect oilfield investments including shale gas.

The changes in the regulatory framework can result in: (i) the implementation of a hydrocarbon tax of such value that it prevents profits based on expected pro-duction; (ii) the inability to secure the production concession by the entity which explored and documented a given resource, and (iii) establishing a new au-thority – the Polish National Fossil Fuel Operator (NOKE) whose competences include the compulsory participation in profits of an investment project without taking part in expenses. In addition, NOKE is also being given the right of veto against investment-related decisions.

These measures can be considered from the perspective of international agreements on mutual support and pro-tection of investments (“investment trea-ties”). Poland is a party to sixty invest-ment treaties, which it undertook to observe certain standards to protect in-vestors’ rights. These standards include:

Fair and equitable treatmentAmong other aspects, this standard

sets a minimum level of protection of investors’ legitimate expectations. This standard includes the expectation that the legal system of the host state is stable.

Although the fair and equitable treat-ment standard does not preclude any changes in legislature, radical changes of a fundamental legal framework, which in a given sector establishes the grounds for assessing profitability of an invest-ment project, may lead to its violation.

Prohibition of expropriation without due compensation

Under international investment law, prohibition of expropriation goes beyond direct expropriation and covers also pro-hibition of measures which results in something equivalent to expropriation, including acts of law. Expropriation is permitted only for reason of the public interest, under due process of law, in a non-discriminatory manner and against prompt, adequate and effective compen-sation.

Prohibition of discriminationMeasures taken by a state cannot con-

stitute discrimination against foreign investors. Planned changes in the Polish regulatory framework, being very un-usual compared to the foreign legal frameworks, may result in discriminatory treatment towards operators in the up-stream industry.

ArbitrationAn investor whose rights under invest-

ment treaties have been violated can defend its rights by bringing a claim in international arbitration. It means that the actions of the respondent state are assessed in a neutral forum from the per-spective of international law, without regard to decisions of the domestic courts or other authorities of the State. If any violation of these standards guaran-teed in investment treaties are to be found, this may result in compensation to be paid by the state, covering the ac-tual loss as well as lost profits.www.ssw.pl

Planned amendments in the Polish legislation may result in a

violation of the country’s obligations under investment

treaties and lead to future compensation, including

lost profits.

Investments protected under international law

a d v e r t o r i a l

PHO

TO: S

SW

F i l i p B a lc e r z a k , a s s o c i at e , Fo r e i g n l awy e r


An investor whose rights under investment treaties have been violated can defend its rights by bringing a claim in international arbitration


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Core Laboratories

Reservoir description and management, production enhance-ment

Global Herengracht 424, 1017 BZ Amsterdam The Netherlands

[email protected]

Core Laboratories provides reservoir description, production enhancement, and reservoir management services. Core Laboratories has 70 offices in 50 countries. Core Laboratories helps clients optimize their reservoir performance and maximize hydrocarbon recovery from their production fields, billing themselves as a “reservoir optimization company.”

DBM Services Facilities, project management, HSE, operations and logistics

Poland 02-797 Warsaw Poland


DBM Services, a company named after its two managing partners: Dorota Flint and Marek Cibor - and Bill Flint the President - provides facilities management services to Halliburton, and aims to expand across segments including HSE, contract management, procurement, project handover, closeout and testing/commissioning.

dGB Earth Sciences Seismic analysis India, Texas, Netherlands

Nijverheidstraat 11-27511 JM EnschedeThe Netherlands


dGB Earth Sciences is a privately owned company providing seismic interpretation solutions to the oil and gas industry since 1995. dGB operates a freemium business model. They make money by giving their software away for free, and having clients pay for commercial plug-ins and customer support.

Discovery Drilling Equipment

Drilling rigs and equipment

Global Hanover Square16 Hanover SquareLondon – W1S 1HT

(+44) 207 408 9494 [email protected]

Discover Drilling is a private equipment and drilling rig manufacturing company in the oil and gas industry. Headquartered in London, with offices and representations in most major oil regions of the world including US, Canada, Middle East, Northern Africa, Russia and South East Asia. Discovery is a new name in the industry, after the company was formed by private investors on the basis of some rig/component building assets purchased in late 2008.

DNV Consulting, risk management

Global Ul . Skrzetuskiego 16A Warsaw, Poland

(+48) 22 543 97 60 www.dnv.com

Stiftelsen Det Norske Veritas ( DNV ) is a classification society organized as a foundation, with the objective of ”safeguarding life, property, and the environment.” The foundation was established in 1864 in Norway to inspect and evaluate the technical condition of Norwegian merchant vessels. DNV describes itself as a provider of services for managing risk.

DOW Chemicals including lubricants and gelling agents

Global Domaniewska 50A 02 - 672 Warsaw Poland

(+48) 228 332 222 easterneruope.dow.com

The Dow Chemical Company, commonly known as Dow, is an American multinational chemical corporation headquartered in Midland, Michigan in the USA. As of 2007, it was the second-largest chemical manufacturer in the world by revenue and in February 2009, the third-largest chemical company in the world by market capitalization. With a presence in 160 countries, it employs about 54,000 people and spends $1 billion annually on R&D.



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Dow Corning Chemicals including emulsifiers, proppant, gelling agents

Global ul. Marynarska 15, 02-674 WarsawPoland


Dow Corning is an American multinational corporation headquartered in Midland, Michigan in the USA. Dow Corning specializes in silicone and silicon-based technology, offering more than 7,000 products and services. Dow Corning is an equally-owned joint venture of Dow Chemical and Corning to produce silicone sealants, adhesives, silicone mold-making rubbers, lubricants, emulsifiers and other products.

DOW Microbial Control

Chemicals including emulsifiers, proppant, gelling agents

Global ul. Marynarska 15, 02-674 Warsaw Poland


Dow Corning is an American multinational corporation headquartered in Midland, Michigan in the USA. Dow Corning specializes in silicone and silicon-based technology, offering more than 7,000 products and services. Dow Corning is an equally-owned joint venture of Dow Chemical and Corning to produce silicone sealants, adhesives, silicone mold-making rubbers, lubricants, emulsifiers and other products.

Drill-Lab(PGNiG)

Mudlogging equipment and services

CEE Ul. Krośnieńska 7, 65-958 Zielona GóraPoland


Drill-Lab has provided geological consulting and mudlogging services to customers since 1990. Drill-lab provides custom software for mudlogging to deliver real-time data during drilling both visually and numeri-cally to operators so they know what they’re drilling into. Equipment is supplied by Petron Industries Inc. of Houston Texas.

Drilltech Drilling equipment rental

Global Greenwell Road, East Tullos, Aberdeen, AB12 3AX, UK

(+44) 122 424 9988 drill-tech.pl

Drilltech Group is a specialist drilling rental tool company whose focus is supporting complex drilling such as ERD, deepwater, horizontal and HP/HT. Drilltech supplies drill strings with high torque capabilities and Spiro-Torq, a casing wear protection and torque reduction device. Achilles certified and ISO standards on equipment.

Duon Energy trading Poland ul. Serdeczna 8Wysogotowo k. Poznania62-081 PrzeźmierowoPoland

[email protected]+48 61 664 18 50

DUON Capital Group sells and distributes natural gas and trades in electricity. The origins of the Group activities date back to 2000. Currently DUON is one of the leading private providers of natural gas in Poland. Since 2011, it also has been building its position on the market of electricity trading.

Efir Energy LTd Consulting and design Poland, CEE 469 Puławska Street Warsaw, Poland

(+48) 22 395 52 60 [email protected]

Efir Energy Sp z o.o. is a consulting company for oil and gas E&P in Poland. Services include conceptual studies, risk assessment for new projects, field development plans and help in production agreements. Run by president Piotr Gliniak under the technical supervision of Rafał Szwarc.

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EkoTech Energy Waste management, treatement, effluents

Global Aleje Jerozolimskie 96, 00-807, WarsawPoland


EkoTech Energy is a privately company partly owned by Climate Equity Solutions. CES is an investment vehicle established in 2006 for investing in start-up companies. EkoEnergy offers technologies, products, and services aimed at the cleantech, renewable energy and waste management sectors.

Energy SpecialistsPlatform (ESP)

General, independent consul-tants

Europe Klateringerweg 69433 TB ZwiggelteThe Netherlands

(+31) 593 33 13 30 [email protected]

ESP is a team of twenty employees with a technical, economic and commercial background. All employees are experienced in the oil & gas industry or have been working in the gas sales market. Most have international experience, while some are technical specialists and/or function in management. ESP works in both the upstream and downstream oil and gas markets.

Ensign Drilling, well services, production and manufacturing

Global 400 - 5th Avenue SW Calgary, Canada

(+1) 403 262 1361

Ensign Energy Services Inc. is a land-based driller and well service provider for oil, natural gas and geothermal. Since Ensign’s launch in 1987, the Canada-based company has a drilling fleet characterized by proprietary technology such as Automated Drill Rig (ADR). With headquarters in Calgary, Alberta, Ensign’s shares are listed on the Toronto Stock Exchange under the trading symbol ESI.

EurMidstream Midstream services Europe Chaussée de la Hulpe 120, 1000 BrusselsBelgium


EurMidstream is in the midstream oil and gas business from an early stage production to commercial production. Services during the testing and commercialization phases: testing involves CNG trucking and gas powered electricity generation. Commercialization involves design, construction and operation of facilities: pipelines and infrastructure.

Exalo Drilling Integrated oilfield services

Africa, Europe, India, Pakistan, Russia

Pl. Staszica 964-920 PiłaPoland

(+48) 67 215 13 00 [email protected]

Exalo, a Polish state owned services company, was formed by the merger of five PGNiG Group companies, Exalo Drilling is the largest service company in terms of the size of its drilling and workover fleet in the Polish onshore drilling market. Exalo works predominantly in Central and Eastern Europe, but has a presence in Asia and Africa, including Kazakhstan. A flotation on the Warsaw stock market is planned

Expro Well testing, wireline intervention, produc-tion systems

Global Morton Peto Rd, Great Yarmouth, Norfolk, NR31 0LT UK

(+44) 1493 600021 exprogroup.com

Expro offers well flow management. They sell products and services that measure, improve, control and process oil and gas from wells. Expro’s areas of service include exploration and appraisal, subsea safety systems, drilling/completions, flowback/clean-up, production, well integrity and intervention. 40 years, 5,000 employ-ees, across 50 countries.



Well pad constructionAccess road cut-inReserve pit excavation

Karol Kolouszek(+48) 783 121 216

NTS Sp. z o.o.Rynek 26

37-500 JarosławPOLAND

Call for a free quote

Well done.


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Fairstar Heavy Transport

Transport (heavy) Netherlands Floor 203012 CN RotterdamThe Netherlands


Fairstar Heavy Transport is a full subsidiary of Dockwise Ltd., a provider of marine heavy transport solutions, specializing in high-value cargoes for the offshore and onshore energy and construction industries. Fairstar owns and operates four of the most modern semi-submersible heavy transport ships in the global fleet, FJORD, FJELL, FORTE and FINESSE.

Fugro Consulting/analysis Global Veurse Achterweg 102264 SG Leidschendamthe Netherlands


Fugro provides geotechnical, survey, subsea and geoscience services. Fugro was founded in the Netherlands in 1962 and is listed on the Amsterdam stock exchange of NYSE Euronext since 1992. Fugro was included in the AEX-index as of September 2008. Fugro employes 14,000 staff in 60 countries.

GE Oil & Gas Water treatment, oilfield equipment

Global Ul. Emilii Plater 53Warsaw, Poland 00 - 113, Warsaw, Poland

(+48) 22 520 53 53

GE Oil & Gas provides equipment and services to the oil and gas industry. Products include drilling solutions: both on and offshore, subsea, enhanced oil recovery, unconventionals, LNG, power, refinery, gas storage and pipeline. 43,000 employees in 100 customers, GE is involved in the value chain from extraction to end-use.

Geo-Microbial Technologies (GMT)

Geochemical analysis Global BoulevardSaint Michel 75006 Paris, France


GMT reduces the risk of drilling dry holes by identifying positive hydrocarbon signatures at the surface. To do this they provide interpretation services. The two techniques they retail are microbial oil survey technique (MOST), where soil samples are tested for hydrocarbons and sorbed soil gas analysis (SSG) testing for the absorption of gas in soils.

GEO-Data Wellsite services, environmental consulting

Europe Carl-Zeiss-Str. 15, 30827 Garbsen, Germany

(+49) 5131 46810 [email protected]

Services in mudlogging, wellsite geology, laboratory services, and core analytics partner with GeoKrak Sp z o.o. as part of an expanded suite of services (surface logging, wellsite geology, cutting & gas sampling, and isotope analytics) for the Polish market. GEO-data documents and evaluates drilling data regarding geology, drilling and hydraulic peformance.

GeoDynamics Research

Seismic services Italy Via Maioliche, 53Leno Center -RoveretoTrento, Italy

(+39) 0464 75 00 95 [email protected]

G.D.R. GeoDynamics Research performs low frequency passive seismic spectroscopy to detect and monitor hydrocarbon reservoirs in exploration areas and developed fields based on GeoSpectra IPDS®, which stands for infrasonic passive differential spectroscopy. The evolution of passive seismic spectroscopy at low frequency started in 1995, and the GeoDynamics Research group was founded in 2003 in Italy.



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Geofizyka Kraków (PGNiG)

Seismic services, well logging, data interpretation

Europe, North Africa, Gulf Countries, South Asia

Ul. Łukasiewicza 3 31 - 429 Kraków, Poland


Geofizyka Kraków is a geophysical company that performs and analyzes seismic surveys. Geofizyka Kraków is a geophysical contractor, helping clients to explore hydrocarbon and geothermal. Services include seismic data acquisition, processing, interpretation, well logging and VSP services. State owned with a 50 year history.

Geofizyka Torun (PGNiG)

Seismic services, well logging, data interpre-tation

Europe, India, Egypt

Ul. Chrobrego 50 87 - 100 Toruń, Poland


Geofizyka Toruń provides geophysical services to the oil and gas exploration industry. The services are focused on conventional oil and gas, shale gas, geothermal deposits, and underground storage. State owned with a 50 year history, having worked in Asia, the Middle East, North Africa, Europe, and Latin America.

Geokrak Geological services CEE ul. Mazowiecka 21 30 - 019 Kraków, Poland


Since 1992, providing geological services associated with deep well exploration. It offers a combined suite of services (surface logging, wellsite geology, cutting & gas sampling, and isotope analytics) with their partner firm GeoData GmbH for the Polish market. Servicing the unshore unconventionals market as it develops in Poland.

GeoLog Surface logging Global, Italy, Netherlands

2 Rubislaw Terrace Aberdeen AB10 1XE, Scotland

(+44) 782 156 9280 geologinternational.com

GEOLOG International B.V. (“GEOLOG”) is an oilfield services company that does surface logging. GEOLOG’s mud logging services are centered on the optimization of the overall drilling times and costs of each well and the acquisition of good data to improve formation evaluation. GEOLOG services national and international oil companies, both onshore and offshore, across more than 35 countries.

Geomage Seismic processing USA, Europe, Russia

11011 Richmond Ave. Suite 225,Houston, Texas 77042, USA

Geomage is a global company that provides seismic imaging technologies and services. Using an approach involving multi-focusing, geological modeling, and reservoir characterization for a diverse range of oil and gas companies. Multifocusing may be the only method able to obtain sufficient data for geological interpretation in areas characterized by complex geology, high noise or low-fold seismic data.

Geotrace Data Integration Services

Technology, data integration

Global 12141 Wickchester Lane, Suite 200Houston, Texas 77079, USA

(+1) 281 497 8440

Geotrace data integration services involves a proprietary software called Tigress. The software helps tie disparate data together and enables the data to be shared among geologists and geophysicists, petrophysi-cists and engineers, at every stage of the E&P workflow. Geotrace Data Integration Services is the software services and data management division of Geotrace.


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GL Noble Denton Technical service provider

Global Brooktorkai 1820457 HamburgGermany


GL Noble Denton is a technical service provider for the oil and gas industry. GL Noble Denton designs, builds, installs and operates oil and gas onshore, maritime and offshore assets to ensure safety, sustainability and superior value. GL Noble Denton are independent advisors providing consulting, design, assurance and project execution services.

Global Geophysical

Seismic services Global Ul. Warowna 3/01 02 - 654 WarsawPoland


Global Geophysical provides seismic data processing, analysis, interpretation, and data integration. Global uses proprietary and patented technologies that are ideal for processing and analyzing the full offset, rich azimuth, reservoir grade 3D datasets that our crews collect. Global Geophysical can characterize azimuthal anisotropy along with advanced time and depth imaging to extract rock properties and reservoir characteris-tics.

Golder Associates

Consulting, design and construction

Global Al. Solidarności 117/70000 - 140 WarsawPoland


Golder Associates is an employee-owned company that provides consulting, design, and construction services in earth, environment, and energy. 8,000 employees operate from more 180 offices in Africa, Asia, Australasia, Europe, North America and South America. Golder serves the manufacturing, mining, oil and gas, power, urban development and infrastructure sectors. The company was founded in Toronto, Canada in 1960.

GSE Environmental

Lining Global Orchideengarten 30 09125 ChemnitzGermany


GSE retails environmental products such as geotextiles and membranes. Headquartered in Houston, GSE has manufacturing facilities in Texas, South Dakota and South Carolina. GSE laboratories are accredited by the Geosynthetic Accreditation Institute, and the company has manufacturing facilities in Chile, Germany, Thailand and Egypt. A history of 40 years and a global sales network.

Halliburton Integrated oilfield services

Global Ul. Emilii Plater 53, WFC 26th Floor 00-113, Warsaw, Poland

(+48) 22 470 79 00 Arne.Kvamsdal@ halliburton.com

Halliburton is one of the world’s largest oilfield services companies with operations in 80 countries. It owns hundreds of subsidiaries, affiliates, branches, brands, and divisions and employs over 100,000 people. Halliburton provides a range of integrated oilfield services such as pressure pumping, wireline, coiltubing and wastewater. Some technologies are proprietary, such as clean stream that uses UV light to treat wastewater.

Hardbanding Solutions

Hardbanding, hard facing tool joints

Global 5500 W 164 TH Street, Cleveland, OH 44 142 USA

(+44) 77 474 683 45

Postle Industries designs alloys for mining, farming, agriculture, recycling and manufacturing. Hardbanding Solutions, a trade name, moved the company into drill pipe, drill collars and casing/risers. Tuffband and Duraband are two of their proprietary products, and tool joint build-up wires and a non-magnetic hardbanding are two of their strategies for toughening up oil pipe in extreme conditions.



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HAYS Human resources Global ul. Złota 5900-120 Warsaw Poland

+48 22 584 5650 +48 22 584 [email protected]

Hays is the world’s leading company in recruiting qualified, professional and skilled work. Today, with more than 10 specialism, 190 employees and 8 offices, we are proud to have grown into the largest specialist permanent recruitment company in Poland. Hays Energy team is dedicated to serve Energy, Oil and Gas sectors and since its launch in 2007, the team has covered over 200 placements for middle and top management functions.

ILF Consulting Engineers

Engineering consul-tancy

Global Osmańska 1202 - 823 WarsawPoland

(+48) 22 430 26 00 [email protected]

Design and consulting services in the oil and gas field are the domain of ILF Consulting Engineers. For three decades, ILF has been involved in international oil and gas projects. Among their consulting expertise, they design upstream facilities, pipelines, underground storage, tank farms, terminals, refineries and petrochemical plants.

IP Group Seismic permitting, compensation, human resources

Poland Ul. Elektryczna 2 00 - 346 Warsaw Poland


IP Group was founded in 2012 to provide human resources, permitting and compensation services on a government funded seismic contract. The company has expanded into human reources to the financial and insurance markets, alongside the energy markets. IP Group puts an emphasis on American style customer service.

INiG (PGNiG) State sponsored research institute

Poland ul. Lubicz 25A 31 - 503 Kraków Poland

(+48) 12 421 00 33 [email protected]

Oil and Gas Institute is one of the oldest research institutes in Poland. Its 60 year history dates from November 29, 1944, when the State Petroleum Office issued a document authorizing the establishment of the Oil Institute in Krosno. In 2008, the minister of economy incorporated the oil and gas research institute. Hydrocarbons, gas engineering and petroleum engineering are their specialties.

Inwatec Environmental consultancy

Poland, Germany

ul. Pastewna25 02 - 954 Warsaw Poland

(+48) 22 642 95 66 [email protected]

INWATEC Sp. z o.o. was founded in 2003 from the merger of companies in environmental protection. The company’s activities relate to the purification of waste water. Industries include food (meat, fruits, vegetables, confectionery, dairies, breweries), chemicals (pharmaceuticals, cosmetics, textile, tanneries and electroplating) and sewage treatment.

ION Geophysical services, seismic

Europe, North America, South America

2105 CityWest Blvd. Suite 400 HoustonTX 77042-2839, USA


ION Geophysical is a seismic services company that provides acquisition equipment, software, planning and seismic processing, and seismic data libraries to the oil & gas industry. The company’s technologies and services are used by E&P operators and seismic acquisition contractors to generate high-resolution images of the subsurface during exploration, exploitation and production operations. Headquartered in Houston, Texas, ION has offices in the United States, Canada, Latin America, Europe, Africa, Russia, China and the Middle East.


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ITS (Parker Drilling)

Oilfield equipment and services

Global Takelaarsweg 131786 PR Den HelderThe Nederlands


Parker Drilling (NYSE:PKD) provides advanced drilling solutions to the energy industry: drilling services, rental tools and project management, including rig design, construction and operations management. Parker’s international fleet includes 25 land rigs and two barge rigs in strategic markets, and its U.S. fleet includes 13 barge rigs in the U.S. Gulf of Mexico. Parker’s rental tools business supplies equipment to operators on land and offshore in the U.S. and select international markets.

JSH Drilling Tool Co Drill pipes, drill collars North America, Europe, Asia, Middle East

No.18 Shuguang Industrial Park, Jiangyan City, Jiangsu Province, P. R. China

(+86) 523 868 2188 [email protected]

Jiangsu Shuguang Huayang Drilling Tool Co., Ltd. (JSH) is a joint venture which was set up by Jiangsu Shuguang Group Co., Ltd., Blue Diamond Pipe And Equipment SA (USA) and Wickander & Associates, Inc. (USA) and the holding company is Shuguang Group. The annual production capacity is 100,000 joints of drill pipe, drill collars, heavy weight drill pipes, non-magnetic drill collars, kellys, pup joints and others. The registered address is No. 18 Zhanghang Road, Baimi Town, Jiangyan City, Jiangsu Province.

KCA DEUTAG Drilling, general Global Minto DriveAltens Industrial EstateAberdeen AB12 3LWScotland

(+44) 122 429 9600 [email protected]

KCA DEUTAG is an international oil and gas services company with headquarters in Aberdeen, United Kingdom. It has approximately 8,000 employees and operates in more than 20 countries. KCA DEUTAG is the merger of KCA Drilling and Deutag AG in 2001. The company has regional offices in Germany, Russia, the Middle East, the Caspian region, North and West Africa, Asia, Norway and across its wider operations. KCA Deutag has 61 land rigs and 39 offshore.

Kidova Geological modeling North America, Europe, Australia

155 avenue Roger SalengroF-92370 ChavilleFrance

(+33)1 47 09 09 49 [email protected]

Since 1993, KIDOVA specializes in oil & gas, environment (soil, groundwater, air), geothermal and nuclear or hazardous waste disposal sectors: geostatistics, spatial and spatiotemporal data analysis and modeling, characterization and upscaling of porous and naturally fractured rock properties, simulation of single and multiphase flows in porous and fractured media, mesh or grid generation and optimization. KIDOVA’s services cover structural and geological modeling, research and development, consulting and expert studies.

Linde Gaz Polska Gases, engineering, supply chain

Poland Al. Jana Pawła II 41a31-864 Kraków Poland

(+48) 12 643 92 00www.linde.pl

Linde Gaz Polska is the company specialized in the production and distribution of industrial gases, including the delivery of integrated gas solutions. Linde Gaz Polska is the subsidiary of The Linde Group, world-leading gases and engineering company with around 62,000 employees in more than 100 countries worldwide and has been in Poland since 1993.

Maxi Cargo Logistics Poland Os. E. Raczyńskiego 31/1362 - 020 Swarzędz Poland

(+48) 61 610 10 26 [email protected]

Maxi-Cargo company operates in the field of oversize load specialist transport, including flatbed transport. Covering the EU, Maxi-Cargo’s services include oversize load transport, non-standard transport, flatbed transport, large-size transport, transport of machines, transport of construction machinery, and transport of agricultural machines.



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Meehan Drilling Drilling UK 40 Kilmorey StreetNewry, Co. DownBT34 2DE

(+353) 28 3025 2678 [email protected]

Meehan Drilling specializes in drilling and ground engineering services in the public, commercial, domestic and agricultural sectors. Established in 1972, the company offers a range of water development, oil & gas drilling, trenchless installations and renewable energy services with a head office in Co. Louth and a base in the UK.

MI-SWACO Drilling fluids, completions, waste management

Global P.O. Box 42842 Houston TX 77242USA


MI - SWACO offers systems and technologies for drilling, including drilling fluid systems engineered to improve drilling performance by anticipating fluids-related problems, fluid systems and specialty tools designed to opti-mize wellbore productivity, production technology solutions to maximize production rates, and environmental solutions that manage waste volumes generated in both drilling and production operations. M-I SWACO is owned by Schlumberger, an international oilfield services company.

MND Drilling Czech Republic, Slovakia, Russia, UK, Pakistan, Jemen

Velkomoravská 900/405, 696 18 Lužice Czech Republic

(+420) 518 315 555 info-ds.mnd.cz

MND Drilling is the largest drilling contractor in the Czech Republic, including oil, gas and geothermal exploration/production drilling and well workovers to the drilling and completion of underground gas storage wells. Since 1999, a member of the International Association of Drilling Contractors (IADC). Holder of the ČSN EN ISO 9001 Quality System Certificate, the ČSN EN ISO 14001 Environmental Management System Certificate and the ČSN OHSAS 18001 Health and Safety Management Certificate.

Multi-chem Chemicals Poland 2905 Southwest Boulevard San Angelo, TX 76904, USA


Oilfield chemical provider, owned by Halliburton, with a number of commercial, proprietary products, such as AcroClear, an acrolein based H2S scavenger and iron sulfide dissolver to remove iron sulfide in production and injection wells. Chemicals help with pipeline integrity by repairing near wellbore damage caused by iron sulfide deposits and previous acid-jobs and can be effective in removing iron sulfide based deposits on pipe or tubular surfaces thus exposing the surface area for effective corrosion inhibitor application.

NADRA Group Geological services Eastern Europe 41 - 49 Agiou NikolaouNIMELI Court, Block C3rd floor 2408, Nicosia Cyprus

[email protected]

NADRA GROUP provides exploration and development services throughout the life cycle of the field. NADRA GROUP works with production companies and governments of EU, Asian and African countries, solutions based on a study of subsoil, developed primarly in the former USSR and now used on 1/6 of the earth’s land surface.

National Oilwell Varco

Oilfield services United States Wierzbowa 9/11 00 - 094 WarsawPoland

(+48) 40 729 639 686 www.nov.com

National Oilwell Varco (NOV) is an American multinational corporation based in Houston, Texas. NOV is a worldwide provider of equipment and components used in oil and gas drilling and production, oilfield services, and supply chain integration services. NOV conducts operations in over 1,160 locations across six continents, and operates through three reporting segments: rig technology, petroleum services & supplies, and distribution & transmission.



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Navigant Business advisory Global 5th Floor, Woolgate Exchange25 Basinghall StreetLondon, UK

(+44) 20 7469 1111 [email protected]

Navigant (NYSE: NCI) is a global expert services firm. Through senior level engagement with clients, Navigant professionals combine technical expertise in disputes and investigations, economics, financial advisory and management consulting, with business pragmatism in construction, energy, financial services and healthcare industries. Based in Chicago, Illinois, Navigant has over 40 offices across the United States, Canada, Europe and Asia. 2011 revenues were $785 million.

Neste Jacobs Petrochemicals Europe, North America, Middle East

Neste Jacobs OyP.O.Box 310, FI-06101 Porvoo, Finland


Neste Jacobs is a technology, engineering and services company for oil and gas, petrochemicals, chemicals and biotechnology. Nestle Jacobs has 50 years experience in technology development and industrial investment projects in Europe, North and South America, Asia and the Middle East with 1000 employees.

NTS Construction

Well pad construction Road construction

Poland Rynek 26, 37-500 JarosławPoland

(+48) 16 623 22 51 [email protected]

NTS offers construction services to the oilfield. With a work history in highway construction and specializing in stabilization technologies, earthwork, roadwork, preparatory and finishing work. NTS staff has twenty years experience in implementing civil engineering construction projects.

NuTech Energy Alliance

Petrophysical, geological, well studies

Global 7702 FM 1960 East, Suite 300, Houston, TX 77346


NuTech is a privately-owned global oilfield services company founded in 1998 by oilfield professionals who pioneered Nuclear Magnetic Resonance research and development. Headquartered in Houston, Texas with over 80 employees, NuTech has offices in the US and internationally. NuTech has analyzed 45,000 wells in over 80 countries.

Pace Global Energy Services

Consultant services, general, management

Global 4401 Fair Lakes Court Fairfax, VA 22033 USA


Pace Global is an consulting and management company in commercial, technical, financial, and regulatory due dilligence. For more than 35 years and in over 60 countries. Active in managing energy assets, energy companies, funds and financial institutions, industrial and commercial facilities, and utilities.

Packers Plus Open hole, multi-stage completions equipment

Canada, US, Middle East, Russia

Bow Valley Sq. 2, Suite 2200, 205 - 5th Ave. SW, Calgary, Canada

(+44) 791 715 4740 [email protected]

Packers Plus Energy Services Inc. is a privately held, Calgary-based oilfield service company that provides completion equipment and services. The company specializes in multi-stage fracturing systems for open hole, horizontal wells. Multi-stage fracturing systems are used for hydraulic fracturing, or breaking up tight rock formations to enable release of oil and gas allowing for segmentation of horizontal wells into sections or stages such that they can be fractured.


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Pangea Geophysical and geological data processing

Europe, Russia, Africa

Aleksandr Solzhenitsyn Street, 27 Moscow, Russia


PANGEA is a leading Russian consultant in the upstream oil & gas industry and a developer of high-technology software systems for geophysical and geological data processing, interpretation and modeling. PANGEA does geophysical surveys, including seismic, gravimag, electromagnetic data acquisition added by geochemical exploration services. Clients include ONGC (India), OMV (Austria), REPSOL (Spain), JOGMEC (Japan), Naftogaz India, GAIL (India).

PanTerra Geoconsultants

Seismic analysis Global Weversbaan 1-32352 BZ LeiderdorpThe Netherlands


Established in 1988, PanTerra Geoconsultants is a geoscience consultancy group providing services to the upstream oil & gas industry. PanTerra Geoconsultants BV has three operating divisions: integrated subsurface evaluations, laboratory services, including conventional and special core analysis services, production chemistry, PVT, and geoscience staff secondment.

PBG Geophysical Exploration, geophysi-cal services

Poland 76 Jagiellonska 03-301, WarsawPoland


PBG LTD. offers services for exploration, engineering & environmental purposes. A Poland based company with 60 years of experience, PBG has completed work in Africa and Asia, executing contracts for oil and gas prodders, government and research agencies and private companies. Services include exploration geophysics, structural and deposit geology, although they do not do seismic exploration.

Perekop Bromine Chemicals CIS, CEE Laboratornaya Str., 45 DnepropetrovskUkraine

(+38) 056 787 37 00

Publicly listed BROM (Ukraine) is the only enterprise in Ukraine and the largest enterprise in CIS and Eastern Europe specializing in the production of bromine and bromides. In 2004 the company became part of Olvia, an industrial corporation, and from that time began an active revival of the company and developing new product markets, especially overseas. PJSC Brom is a major industrial facility in Ukraine.

Perforator GmbH Completions, pressure pumping

Global Bei dem GerichteD-37445 Walkenried, Germany


PERFORATOR is a German manufacturer with 30 years experience. Since 2002, its the core business of the former Schmidt, Kranz mining technique as an independent company. They supply drilling products to international customers. PERFORATOR focuses on thrust boring, trench less pipe, drill pies, tools, DTH, HDD Drilling, injections systems, mining and tunelling.

Petrofac Oilfield services Global 4th Floor, 117 Jermyn StreetLondon SW1Y 6HH UK


Petrofac is an oilfield service company with 30 years experience. They work across the entire spectrum of the oil and gas asset life cycle, on either a stand-alone or integrated basis, under flexible commercial models which are tailored to a customer’s needs. Our teams: design and build oil and gas infrastructure, operate, maintain and manage assets and train personnel.



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PFC Energy Consulting services Global 19 rue du Général Foy75008 ParisFrance

(+33) 147 702 900www.pfcenergy.com

PFC Energy is a global consulting firm specializing in the oil and gas industry. Our clients are oil and gas operators, national oil companies, service companies, investors, governments and other stakeholders. Energy specialists focused on the sector, with proprietary knowledge databases. Recently the company was acquired by IHS.

PP-EKO Waste water treatment Global Ul. Agatowa 12 03-680 WarsawPoland

(+48) 226 770 456

PP-EKO is an environmental engineering company based in Poland. Services include designing, consulting, technology and project management, in the field of industrial and municipal wastewater treatment, sludge processing and biodegradable wastes reduction. At work over the last few years customizing solutions for the oil and gas industry.

Prochem S.A. Environmental protection installations

Poland Ul. Powązkowska 44c WarsawPoland

(+48) 223 260 100

PROCHEM is an engineering company, serving clients in the industrial, building construction and environmen-tal protection sectors that was established in 1947. Specialized in general construction, services include technology, architecture, construction and building, road work, mechanical and electrical systems, telecommu-nications, and various types of large installations

Pruitt Tool & Supply Rotating control devices

Global 9700 Aire Circle, P.O. Box 181359, Fort Smith, AR 72918, USA

(+1) 479 646 1641 www.pruittool.com

Incorporated in 1960, Pruitt Tool and Supply was an early rental tool and fishing tool company in the Arkoma Basin. Buddy Pruitt, along with his son-in-law Bob, saw the potential revenue in rotating heads, so they began to take their first steps into the rotating head business. In 1967, their initial invention would become a reality; the “Williams” rotating head was born.

PwC Consulting, business advisory, auditing, tax, Llegal

Global Al. Armii Ludowej 14 00 - 638 WarsawPoland


Provides oil and gas companies advisory, tax & legal, and auditing services. PwC, a global services company, has been in Poland for 20 years and there are 46 local partners. Having analyzed the proposed mining and geological law, PwC provides up to date information about the regulatory and tax environment for shale operators.

Rodelta Pumps International

Pumps Global Enschedesestraat 2347552 CM HengeloThe Netherlands

(+31) 74 245 52 00 [email protected]

Rodelta Pumps International BV is a manufacturer of pumps, located in Hengelo in the Netherlands. With 60 years developing pumps, product example includes vertically-suspended, single casing volute line-shaft driven pumps whose applications include drinking water, marine, cooling water, fire fighting and whose performance flows up to 1200 m3/h, with heads up to 120 m.l.c.

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Schlumberger All integrated well services

Global Al Jana Pawła II 25 00 - 854 WarsawPoland

(+44) 203 320 4900 [email protected]

Schlumberger, an international oilfield service provider, was founded in 1926 by Conrad and Marcel Schlum-berger. Today Schlumberger supplies the petroleum industry with services such as seismic acquisition and processing, formation evaluation, well testing and directional drilling, well cementing and stimulation, artificial lift, well completions, flow assurance and consulting, and software and information management.

SERAFIM Ltd Consultant services, reservoir modeling

Europe Belfast office231 Bangor Road, Holywood , Belfast BT18 0JQ United Kingdom

(+44) 28 9042 1106 [email protected]

Serafim provides reservoir analysis and financial mathematics, including production forecasting and reserves management to generate P10, P50 and P90 scenarios as input to a reserve and resource data base. Serafim PERIMETER is a range of services offered to asset managers, senior reservoir engineers and technical directors.

SGS Inspection, testing verification

Global 1 Place des AlpesP.O. Box 2152Geneva, 1211Switzerland

+41 22 739 91 11

SGS is an inspection, verification, testing and certification company with 75,000 employees. SGS operates a network of more than 1,500 offices and laboratories around the world and offers services in four categories: inspection, testing, certification and verification. With experience from health care to energy, they refer to themselves as global benchmark.

SIMCO International Ltd.

Technology CEE Bucuresti-Domnesti 49-50 Street,Clinceni, Bucharest Romania


Simco International Ltd. is a software company for the oil and gas industry. They program in C++, Microsoft Visual, Borland C++ and Visual Basic, also in Delphi and Java, Oracle and MySQL. Their focus is information tech-nology for petroleum engineering. The company’s strategy is to develop expertise in computer applications, designing original software

Spirit Innovative Technologies

Technology Netherlands prof. dr. Dorgelolaan 205613 AM Eindhoven the Netherlands

(+31) 40 23 69 445 [email protected]

Spirit automates products and technical processes. Among their products, they focus on liquid and gas flow, supervisory (HMI/SCADA) software, virtual flow computer solution. Proprietary products include Spirit IT, Flow-X®, eXLerate®, SmartCen™, Flow-Xpert™ and more. Spirit IT is a technology partner to PETRONAS.

Sumitomo Europe Tubular steel Europe Vintners’ Place68 Upper Thames StreetLondon, EC4V 3BJ, UK

(+44) 2072463600

Sumitomo is a trading company with headquarters in Japan. In Europe, Sumitomo has been present since 1955. Sumitomo provides casing and tubing (from carbon grade to Corrosion Resistant Alloy) with both API and premium VAM connections. Seamless, ERW and UOE welded line pipe and hot bends. Speciality tube, including a wide range of stainless and alloy grades. As well as titanium sheet and coils.


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SSW Legal advice to oil & gas and mining entities

Global Rondo ONZ 1 00-124 WarsawPoland

(+48) 22 544 87 00www.ssw.pl

SSW Law Firm is providing legal advice to oil & gas and mining entities. SSW experts represent entrepreneurs in concession proceedings, environmental proceedings, investment proceedings, JV and M&A transactions. They have advised industry leaders during competitive concession proceedings before the Polish authorities, in relation to most natural resources available in Poland. SSW advises trade associations and industry members on the legislative process regarding amendment of the Geological and Mining Act and the Hydrocarbons Act.

Tata Steel Group Steel supply Global 30 MillbankLondon, SW 1P 4 WY UK

(+44) 207 717 4444 www.tatasteel.com

The Tata Group has business operations (114 companies and subsidiaries) in seven defined sectors – materials, engineering, information technology and communications, energy, services, consumer products and chemicals. Tata Steel with its acquisition of Corus is in the top ten steel manufacturers. Other companies include Tata Motors, Tata Consultancy Services (TCS), Tata Communications, Tata Power, Indian Hotels, Tata Global Beverages and Tata Chemicals.

Tebodin Consultancy & project management

Global ul. Taśmowa 702 - 677 Warsaw Poland

(+48) 22 334 41 11 [email protected]

Tebodin has been on the Polish market for 20 years. Services include integrated design and complex manage-ment for industrial, commercial and infrastructural investments. Post a yearly turnover of some €25 million with 5 branch offices and 300 specialists and a total annual investment value of €500 million. Focus areas include commercial buildings, industrial projects and infrastructure works.

TECH-POMP Electric, pneumatic, engine driven pumps

Poland Al. Sztandarów 1/3 04 - 423 Warsaw Poland

(+48) 22 612 98 25 [email protected]

TECH-POMP SERWIS was founded to provide best quality services for Oil & Gas Industry, as an extension of Tech-Pomp LLC - pump distributor and pump unites manufacturer, operating on European market since 1991. We supply liquid transfer installations including water transfer to support fracking, pump sets for various applications, customized manifolds, pipes and fittings, according to specific well site arrangement

Tenaris Line pipe, coiled tubing, casing, connections

Global 2200 W. Loop S., Suite 800 Houston, TX 77027 USA

(+1) 713 767 4400 www.tenaris.com

Tenaris provides a full range of quality casing and tubing, drill pipe, premium connections, pipe accessories, sucker rods, and coiled tubing for use in all types of oil and gas drilling and well completion activities. Exceptional services based on expertise of material selection and pipe handling. From a manufacturing center in Romania, Tenaris can serve the Baltic, Lublin and Podlasie basins in Poland. Also a plant in Italy.

TPS - Technitube Röhrenwerke

Seamless pipes, welded pipes, bending

Germany Julius-Saxler-Str. 7, 54550 DaunGermany


TPS - Technitube Röhrenwerke is a privately owned company with production and stock facilities for tubes and pipes, oil and gas field tubular products, extended surface tubes and special piping and tubing products and accessories with 35 years experience in the supply of tubular piping products and accessories. Company headquarters is based in Germany.


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Trinity Corporate Services

Corporate services, HR Poland, Czech Republic, Romania, Bulgaria

Al. Jerozolimskie 56C 00 - 803 WarsawPoland


Trinity was founded in 2004 by three professionals with broad commercial experience gained in Poland and the Central and Eastern Europe. Trinity has grown to have EUR 14 billion of client assets under our administra-tion. Worked for a number of the foreign E&P companies in Poland and elsewhere doing commercial, tax, advisory, hiring and back office functions.

United Oilfield Services

Drilling, completions, pressure pumping

Poland Al. Jerozolemskie123a 02 - 017 WarsawPoland


United Oilfield Services is an oilfield service company providing hydraulic fracturing, modern drilling, and seismic data acquisition services to the European oil and gas industry. Headquartered in Poland, UOS delivers equipment, technical expertise, and local on-site crews to provide customized solutions for customers. UOS is an equity backed company that was launched in 2011.

URS Siting, permitting, geotechnical, construc-tion management

Europe Ul. Rejtana 17, 02-516, WarsawPoland


URS is an engineering and environmental consulting company throughout the UK and Ireland, Continental Europe, India, the Middle East, the Americas and Asia/Pacific regions. URS does full lifecycle services for clients across a broad range of industry sectors. In oil and gas they are present in upstream, midstream, downstream and petrochemical segments.

US Steel Steel pipe supply United States, Europe

Vstupny areal, 044 54Kosice, Slovak Republic

(+421) 55 673 9536 [email protected]

Tubular products for all sectors of oil and gas industry. Extensive experiences in the North American shale markets allows US Stell to provide an unparalleled level of service. US Steel manages their supply chain from a factory and back-office in Slovakia. One of North America’s largest integrated steelmakers and the continent’s largest producer of energy tubular products.

Vallourec Pipe and tubing France Ave. du Général Leclerc 27 92100 France

(+33) 1 49 09 35 00 [email protected]

Vallourec is a manufacturer and retailer of tubular solutions serving the energy markets (oil and gas, power generation). With 22,200 employees and sales of 5.3 billion euros in 2012 – including 78% from outside Europe – Vallourec has integrated manufacturing facilities integrated in more than 20 countries. Vallourec has five research and development facilities worldwide.

Veolia Water Systems

Water treatment Poland Ul. Balicka 48, 30-149 Kraków, Poland

(+48) 12 423 38 66 [email protected]

Veolia Water does water treatment for public authorities, including withdrawal, producing and piping drinking water. Veolia collects, conveys and treats wastewater, in order to recycle it (irrigation, watering, groundwater recharge, etc.) or release the treated water into the environment. Veolia Water conserves water resources upstream and protects release environments and ecosystems downstream.



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Weatherford All integrated well services

Global Ul. Królewska 16 00 - 103, WarsawPoland


Weatherford is an international oil and natural gas service company providing products and services for drilling, evaluation, completion, production and intervention of oil and natural gas wells, along with pipeline construction and commissioning. Headquartered in Switzerland, Weatherford currently operates in more than 100 countries and employs 60,000 people.

Weir Oil & Gas Division

Pumping, proppant, water and flowlines

Global Aleja 3 Maja 9, 30-062 KrakówPoland


Weir Oil & Gas delivers services for customers from capital projects to long term asset management contracts for continuing operations both onshore and offshore. Services range from exploration and production through transportation, refining and storage. Weir has a portfolio of high performance pumps and safety critical equipment.

Wellynx Engineering and Consultancy services

Europe Viale G. D’Annunzio, 26765127 Pescara, Italy

[email protected]

Wellynx is an independent Italian company providing engineering and consultancy services to O&G Compa-nies. Founded in 2011, Wellynx is composed by professionals with sound oilfield experience in various fields such as design and engineering, operations and maintenance, quality, health, safety & environment.

Workstrings Drilling, Pipe and procurement

Global 1150 Smede HwyBroussard, LA 70518, USA


Workstrings International is the global leading oilfield equipment rental company providing quality primary drill strings, tubing, landing strings, completion tubulars (CTM, GTM, TTM & Turbotorque™) and handling accessories using in-house engineering and cutting edge technologies. Workstrings International was created following the merger of two companies, Premier Oilfield Rentals and Workstrings LLC.


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Gas Shows

FIRST WELLS ARE WINNERS

GUIDE/POLANDSHALE GAS

investment

WHO’S WHO IN CONCESSIONS

PIPELINE NETWORK | HYDRAULIC FRACTURING | GEOLOGY OF THE BALTIC BASIN | NATURA 2000

Pioneers of the

OLD WORLD

Water Sourcing

HUGE SCARCITY OF SUPPLY

Got Innovation?

TOP 10 OPPORTUNITIES

IN SERVICES

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SUMMER 2011

USA $18 - $18CAD - POLAND 50 PLN + VAT - EU €12 - UK £11

DOUBLE DOWN ON

BALTIC

FLARES

GUIDE/POLANDSHALE GAS

investment

FARM-IN VENTURES | BRUSSELS LOBBY WARS | NEW ENTRANTS TO MARKET | FACES PICTORIAL

USA $18 - $18CAD - POLAND 50 PLN + VAT - EU €12 - UK £11

SPRING 2012

RESULTS

DETAILED PROGRESS REPORT

WHO'S WHO

OPERATOR & SERVICE DIRECTORY

BMPs

INDUSTRY SELF REGULATES

WINTER 2012

KRIS WHITE PROFILE | BALTIC VALUE CHAIN | WHO’S WHO IN CONCESSIONS | GLOBAL UPDATE


GUIDE/POLANDSHALE GAS investment

(GOVERNMENT)

JVmake way the

SERVICESCOMPANY DIRECTORY

BNK WELL SITE VISIT

WOZNIAK THE CHIEF GEOLOGIST

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CLEANTECHPAVILION TOP 25

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SUMMER 2013

GLOBAL UPDATE | TAXES AND ROYALTIES | WHO’S WHO IN CONCESSIONS | WELL PADSUSA $32 | $30CAD | POLAND 100 PLN + VAT | EU €25 | UK £20

GUIDE

SHALE GAS investment

courage

GRAZYNA SACKED

COVER_final.indd 1

5/17/13 4:23 PM

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Guide


100 | Shale Ga S Inve S tm ent GuIde | Winter 2013100 | Shale Ga S Inve S tm ent GuIde | Winter 2013

WhO’SWhO

Unconventional Hydrocarbon Licensing in the eu-27

deNMaRK, GeRMaNY, huNGaRY, iRelaNd, liThuaNia, The NeTheRlaNdS, POlaNd, ROMaNia, SlOVaKia, SlOVeNia,

SPaiN, uNiTed KiNGdOM.


Country PArEnt CoMPAny DEDiCAtED LiCEnsE HoLDing

CoMPnAy (DLHC)

intErEst

(%)

ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs

Denmark Nordsofonden Total E&P Denmark BV 20 L1 / 10 2,972 0Denmark Nordsofonden Total E&P Denmark BV 20 2 / 10 2,289 0Denmark Total SA Total E&P Denmark BV 80 L1 / 10 2,972 0Denmark Total SA Total E&P Denmark BV 80 2 / 10 2,289 0Germany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 Ananke 11Germany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 GanymedGermany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 IoGermany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 JulixGermany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 Kallisto 889Germany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 LarsGermany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 LeifGermany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 LennertGermany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 LobaGermany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 SabuelaGermany A-TEC Anlagentechnik GMBH A-TEC Anlagentechnik GMBH 100 SinopeGermany Archimedes Facility-Management

GMBHArchimedes Facility-Management GMBH 100 Ludersfeld 24

Germany BASF SE Wintershall Holding GMBH 100 Achim neu 325Germany BASF SE Wintershall Holding GMBH 100 Hameln 1,909Germany BASF SE Wintershall Holding GMBH 100 Rheinland 1,403Germany BASF SE Wintershall Holding GMBH 100 Ridderade-Ost 342Germany BASF SE Wintershall Holding GMBH 100 Ruhr 2,493Germany BASF SE Wintershall Holding GMBH 100 SchwabenGermany BASF SE Wintershall Holding GMBH 100 TannheimGermany BASF SE Wintershall Holding GMBH 100 Wildes Moor 395Germany BASF SE Wintershall Holding GMBH 100 WolfenbuttelGermany Bayerngas GMBH Bayerngas GMBH 100 Reudnitz 1Germany Bell Exploration LTD Bell Exploration LTD 50 Bruckmuhl grossr.

Aufsuchung675

Germany Bell Exploration LTD Bell Exploration LTD 50 Saulgau-WangenGermany Bell Exploration LTD Bell Exploration LTD 50 Starnberger See grossr.

Aufsuch.Germany BNK Petroleum INC BNK Deutschland GMBH 100 Adler 991Germany BNK Petroleum INC BNK Deutschland GMBH 100 Falke 1,055Germany BNK Petroleum INC BNK Deutschland GMBH 100 Falke-South 2,003Germany BNK Petroleum INC BNK Deutschland GMBH 100 Harz-Borde 624Germany BNK Petroleum INC BNK Deutschland GMBH 100 Wolfsburg 624Germany Celtique Energie GMBH Celtique Energie GMBH 100 Pillgram 938Germany Central European Petroleum LTD CEP - Central European Petroleum GMBH 100 Anklam 2,559Germany Central European Petroleum LTD CEP - Central European Petroleum GMBH 100 Grimmen 2 2,016 4Germany Central European Petroleum LTD CEP - Central European Petroleum GMBH 100 Lubben 1,479 1Germany Central European Petroleum LTD CEP - Central European Petroleum GMBH 100 Ribnitz 102Germany Central European Petroleum LTD CEP - Central European Petroleum GMBH 100 Stralsund 756Germany Concorde Energy LLC Bell Exploration LTD 50 Bruckmuhl grossr.

Aufsuchung675

Germany Concorde Energy LLC Bell Exploration LTD 50 Saulgau-WangenGermany Concorde Energy LLC Bell Exploration LTD 50 Starnberger See grossr.

Aufsuch.Germany Dart Energy Europe LTD Dart Energy Europe LTD 100 Saxon I 391Germany Dart Energy Europe LTD Dart Energy Europe LTD 100 Saxon II 1,510Germany Dipl-Ing Stefan Bratschkow Dipl-Ing Stefan Bratschkow 100 Oberschwaben IIGermany Dipl-Ing Stefan Bratschkow Dipl-Ing Stefan Bratschkow 100 Oberschwaben IIIGermany DrillTec GUT GMBH DrillTec GUT GMBH 100 AltenheimGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 100 Ahrensheide 429Germany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 Bramsche-Erweiterung 3Germany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 Delmenhorst-ElsflethGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 100 Dummersee-Uchte

Zusammenl.845 1

Germany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 HamwiedeGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 HarpstedtGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 HerfordGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 IbbenburenGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 KrummhornGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 MindenGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 Misburg 232Germany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 Munsterland-WestGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 100 Nordrhein-Westfalen

Nord6,617

Germany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 Schaumburg-Verk-leinerung

1

Germany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 Scholen 1Germany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 SimonswoldeGermany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 100 Taaken Rest 197Germany Exxon Mobil Corp BEB Erdgas und Erdol GmbH & Co KG 50 UnterweserGermany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 DeidesheimGermany GDF SUEZ SA Gaz de France Produktion Exploration

Deutschland GMBH GDF PEG50 Edenkoben

Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 GermersheimGermany GDF SUEZ SA Gaz de France Produktion Exploration

Deutschland GMBH GDF PEG50 Herxheimweyher

Denmark • Germany

EU

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Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 HochstadtGermany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Hummling 727Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Jemgum 402Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Karlsruhe-Leopold-

shafenGermany GDF SUEZ SA Gaz de France Produktion Exploration

Deutschland GMBH GDF PEG50 Kuhardt

Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Leer 368Germany GDF SUEZ SA Gaz de France Produktion Exploration

Deutschland GMBH GDF PEG50 Limburgerhof

Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Lingen Zusammen-legung

1,623

Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Luchow 260Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 LudwigshafenGermany GDF SUEZ SA Gaz de France Produktion Exploration

Deutschland GMBH GDF PEG50 Mannheim-Kafertal

Germany GDF SUEZ SA Gaz de France Produktion Exploration Deutschland GMBH GDF PEG

50 Maximiliansau

Germany GDF SUEZ SA Gaz de France Produktion Exploration Deutschland GMBH GDF PEG

50 Neulussheim

Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Offenbach/PfalzGermany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Rastatt-Lichtenau-

Rheinau IIGermany GDF SUEZ SA Gaz de France Produktion Exploration

Deutschland GMBH GDF PEG50 Romerberg

Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Steinhude-Restflache 475Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Vorhop-Sudost 94Germany GDF SUEZ SA GDF SUEZ E&P Deutschland GMBH 100 Wettrup-Verkleinerung 490Germany GDF SUEZ SA SA GDF SUEZ E&P Deutschland GMBH 100 Bedekaspel-Erweit-

erung521

Germany GeoEnergy Feldgesellschaft GeoEnergy Feldgesellschaft Bergzabern MBH

100 Bergzabern

Germany GeoEnergy Feldgesellschaft GeoEnergy Feldgesellschaft Illingen MBH 100 BietigheimGermany GeoEnergy Feldgesellschaft GeoEnergy Feldgesellschaft Speyerdorf

MBH100 Ludwigshafen

Germany GeoEnergy Feldgesellschaft GeoEnergy Feldgesellschaft Speyerdorf MBH

100 Speyerdorf

Germany GeoEnergy Feldgesellschaft GeoEnergy Feldgesellschaft Steinfeld MBH 100 SteinfeldGermany Geologie und Bergschaden MBH Geologie und Bergschaden MBH Wesel GasGermany GTK Geothermie Kraftwerke GMBH GTK Geothermie Kraftwerke GMBH 100 Gau-AlgesheimGermany GTK Geothermie Kraftwerke GMBH GTK Geothermie Kraftwerke GMBH 100 MainzGermany HammGas GmbH & Co KG HammGas GmbH & Co KG 100 Dasbeck 9Germany HammGas GmbH & Co KG HammGas GmbH & Co KG 100 Donar 991Germany HammGas GmbH & Co KG HammGas GmbH & Co KG 100 Hamm-Ost 54Germany HammGas GmbH & Co KG HammGas GmbH & Co KG 100 Hamm-Sud 85Germany HammGas GmbH & Co KG HammGas GmbH & Co KG 100 Hellweg 84Germany HammGas GmbH & Co KG HammGas GmbH & Co KG 100 Rudolf 52Germany HEEAG Erste Verwaltungsges MBH

& Co KG GDF SUEZ E&PHEEAG Erste Verwaltungsges MBH & Co KG GDF SUEZ E&P

100 Hagenbach

Germany Minegas GMBH Minegas GMBH 100 Alstaden-GasGermany Minegas GMBH Minegas GMBH 100 Altdendorf-GasGermany Minegas GMBH Minegas GMBH 100 Ahsen-GasGermany Minegas GMBH Minegas GMBH 100 Borussia GasGermany Minegas GMBH Minegas GMBH 100 Donar 991Germany Minegas GMBH Minegas GMBH 100 Mevissen-GasGermany Minegas GMBH Minegas GMBH 100 Suderwich-GasGermany Minegas GMBH Minegas GMBH 100 Wilhelmine GasGermany Mingas-Power GMBH Mingas-Power GMBH 100 Donar 991Germany Mingas-Power GMBH Mingas-Power GMBH 100 Herbern-Gas 106Germany Mingas-Power GMBH Mingas-Power GMBH 100 Norddeutschland-GasGermany Mingas-Power GMBH Mingas-Power GMBH 100 Rheurdt-GasGermany Mingas-Power GMBH Mingas-Power GMBH 100 Voerde-GasGermany Mingas-Power GMBH Mingas-Power GMBH 100 Wehofen-GasGermany Montanes Explorationsgesellschaft

MBH GDF SUEZ E&P DeutsMontanes Explorationsgesellschaft MBH GDF SUEZ E&P Deuts

100 Kandel

Germany Nasser Berg GMBH Nasser Berg GMBH 100 Nasser BergGermany Nasser Berg GMBH Nasser Berg GMBH 100 TeisingGermany Oldenburgische Erdolgesellschaft

MBHOldenburgische Erdolgesellschaft MBH 100 Jade-Weser

Germany Oldenburgische Erdolgesellschaft MBH

Oldenburgische Erdolgesellschaft MBH 100 Jeverland


Oldenburgische Erdolgesellschaft MBH 100 Munsterland


Oldenburgische Erdolgesellschaft MBH 100 Oldenburg 5,657 1

Germany Palatina GeoCon GmbH & Co KG Palatina GeoCon GmbH & Co KG 50 EdenkobenGermany Palatina GeoCon GmbH & Co KG Palatina GeoCon GmbH & Co KG 50 HerxheimweyherGermany Palatina GeoCon GmbH & Co KG Palatina GeoCon GmbH & Co KG 50 KuhardtGermany Palatina GeoCon GmbH & Co KG Palatina GeoCon GmbH & Co KG 50 LimburgerhofGermany Palatina GeoCon GmbH & Co KG Palatina GeoCon GmbH & Co KG 50 Mannheim-Kafertal

Germany Palatina GeoCon GmbH & Co KG Palatina GeoCon GmbH & Co KG 50 Maximiliansau

Germany


EU

27

Li

st

in

g


CoMPnAy (DLHC)

intErEst

(%)

ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs

Germany Palatina GeoCon GmbH & Co KG Palatina GeoCon GmbH & Co KG 50 NeulussheimGermany Palatina GeoCon GmbH & Co KG Palatina GeoCon GmbH & Co KG 50 RomerbergGermany Parkyn Energy Germany PEG Limited Parkyn Energy Germany PEG Limited 100 Biberach 1,497Germany Parkyn Energy Germany PEG Limited Parkyn Energy Germany PEG Limited 100 Konstanz 1,077Germany PRD Energy GMBH PRD Energy GMBH 100 Sittensen 331Germany PRD Energy GMBH PRD Energy GMBH 100 Steinhorst 967Germany PRD Energy GMBH PRD Energy GMBH 100 Wittmund 1,134Germany RAG Anthrazit Ibbenburen GMBH RAG Anthrazit Ibbenburen GMBH 100 Ibbenburen-Gas 85Germany Rhein Petroleum GMBH Rhein Petroleum GMBH 100 Graben-Neudorf 330Germany Rhein Petroleum GMBH Rhein Petroleum GMBH 100 Heidelberg-Weinheim 260Germany Rhein Petroleum GMBH Rhein Petroleum GMBH 100 Kinsau 249Germany Rhein Petroleum GMBH Rhein Petroleum GMBH 100 Mindelheim 460 1Germany Rhein Petroleum GMBH Rhein Petroleum GMBH 100 Mittlerer Oberrhein 657Germany Rhein Petroleum GMBH Rhein Petroleum GMBH 100 Nordlicher Oberrhein 682Germany Rhein Petroleum GMBH Rhein Petroleum GMBH 100 Schwaben-Sud grossr.

Aufsuch.2,061

Germany Rohol-Aufsuchungs AG Rohol-Aufsuchungs AG 100 ChiemgauGermany RWE Dea AG RWE Dea AG 100 Celle 1,199 1Germany RWE Dea AG RWE Dea AG 100 Cuxhaven-Verkleiner-

ung1,163

Germany RWE Dea AG RWE Dea AG 100 DrakenburgGermany RWE Dea AG RWE Dea AG 100 GrafingGermany RWE Dea AG RWE Dea AG 100 Hahnenhorn 400Germany RWE Dea AG RWE Power Aktiengesellschaft 100 Harpen-GasGermany RWE Dea AG RWE Dea AG 100 Heide-Restflache 900Germany RWE Dea AG RWE Power Aktiengesellschaft 100 PhonixGermany RWE Dea AG RWE Dea AG 100 Preetz-Restflache 762Germany RWE Dea AG RWE Dea AG 100 Rautenberg 2,380Germany RWE Dea AG RWE Dea AG 100 Rotenburg 675Germany RWE Dea AG RWE Dea AG 100 Scharnhorst-Restflache 384Germany RWE Dea AG RWE Dea AG 100 Verden 380 1Germany RWE Dea AG RWE Dea AG 100 Werder 85Germany RWE Dea AG RWE Dea AG 100 WerderGermany RWTH Aachen RWTH Aachen 100 CBM-RWTH wissensch.

ZweckeGermany San Leon Energy PLC San Leon Energy PLC 100 Aschen 64Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Bramsche-Erweiterung 2,741Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Delmenhorst-ElsflethGermany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Hamwiede 443Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Harpstedt 450Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Herford 797Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Ibbenburen 395Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Krummhorn 467Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Minden 1,193Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Misburg 232Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Munsterland-West 572Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Schaumburg-Verk-

leinerung1,053

Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Scholen 549Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Simonswolde 256Germany Shell PLC BEB Erdgas und Erdol GmbH & Co KG 50 Unterweser 789Germany STEAG New Energies GMBH STEAG New Energies GMBH 100 Dillingen-Saarbrucken-

OttweilerGermany Steinadler Hydrocarbons GMBH Steinadler Hydrocarbons GMBH 100 Seeadler 2,636Germany Steinadler Hydrocarbons GMBH Steinadler Hydrocarbons GMBH 100 Steinadler 2,636Germany Steinadler Hydrocarbons GMBH Steinadler Hydrocarbons GMBH 100 Weinbergen 2,165Germany Thyssen Vermogensverwaltung

GMBH PVG fur LagerstattenThyssen Vermogensverwaltung GMBH PVG fur Lagerstatten

Wesel Gas

Germany Uberlandwerk Gross-Gerau GMBH Uberlandwerk Gross-Gerau GMBH 100 Gross-GerauHungary Aspect Holdings Hungarian Horizon Energy 50 Hernad I 1,827Hungary Aspect Holdings Hungarian Horizon Energy 50 Hernad II 2,507Hungary Aspect Holdings Hungarian Horizon Energy 93 Sarkad I 53Hungary Aspect Holdings Hungarian Horizon Energy 50 Turkeve IV 10Hungary Falcon Oil and Gas LTD TXM KFT 50 Mako 1,376 6Hungary Falcon Oil and Gas LTD TXM KFT 100 Tisza 955 1Hungary JKX Oil and Gas PLC Hungarian Horizon Energy 50 Hernad I 1,827Hungary JKX Oil and Gas PLC Hungarian Horizon Energy 50 Hernad II 2,507Hungary JKX Oil and Gas PLC Hungarian Horizon Energy 7 Sarkad I 53Hungary JKX Oil and Gas PLC Hungarian Horizon Energy 50 Turkeve IV 10Hungary MOL RAG Hungary 50 Inke 1,129Hungary NIS TXM KFT 50 Mako 1,376 6Hungary RAG RAG Hungary 50 Inke 1,129Hungary RAG RAG Hungary 100 Kiskunhalas 2,461Hungary RAG RAG Hungary 100 Kelebia 532Hungary RAG RAG Hungary 100 Koros 2,900Ireland Enegi Oil Enegi Oil PLC 100 Clare Basin 495 0Ireland Tamboran Resources Tamboran Resources PTY LTD 100 Northwest Carbonifer-

ous Basin986 0

Lithuania Chevron Corp LL Investicijos 50 Rietavas 1,594 0

Germany • HunGary • IrelanD • lItHuanIa



CoMPnAy (DLHC)

intErEst

(%)

ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs

Lithuania Minijos Nafta Minijos Nafta 50 Gargzdai 884 1Lithuania Odin Energi AS LL Investicijos 50 Rietavas 1,594 0Lithuania Odin Energi AS Minijos Nafta 50 Gargzdai 884 1Lithuania Odin Energi AS LL Investicijos 50 Raiseniai 1,535 0Netherlands Cuadrilla Resources LTD Brabant Resources BV 100 NOORD-BRABANT 1,929 0Netherlands Cuadrilla Resources LTD Hardenberg Resources BV 100 NOORDOOSTPOLDER 819 0Netherlands EBN Vermilion Oil & Gas Netherlands BV 40 LEMSTERLAND 111 0Netherlands EBN Tulip Oil Netherlands BV 40 DONKERBROEK - MAINNetherlands EBN Tulip Oil Netherlands BV 40 SCHAGEN 355 0Netherlands Hexagon Energy Hexagon Energy BV 100 PEEL 365 0Netherlands Lundin Netherlands Vermilion Oil & Gas Netherlands BV 9.3 LEMSTERLAND 111 0Netherlands Northern Petroleum Nederland PLC Northern Petroleum Nederland BV 100 ENGELEN 97 0Netherlands Northern Petroleum Nederland PLC Northern Petroleum Nederland BV 100 OOSTERWOLDE 127 0Netherlands Northern Petroleum Nederland PLC Northern Petroleum Nederland BV 100 UTRECHT 1,144 0Netherlands PA Resources AB Tulip Oil Netherlands BV 30 SCHAGEN 355 0Netherlands Tulip Oil Tulip Oil Netherlands BV 60 DONKERBROEK - MAINNetherlands Tulip Oil Tulip Oil Netherlands BV 30 SCHAGEN 355 0Netherlands Vermilion Energy INC Vermilion Oil & Gas Netherlands BV 100 AKKRUM 210 0Netherlands Vermilion Energy INC Vermilion Oil & Gas Netherlands BV 100 HEMELUM 450 0Netherlands Vermilion Energy INC Vermilion Oil & Gas Netherlands BV 50.7 LEMSTERLAND 111 0Netherlands Vermilion Energy INC Vermilion Oil & Gas Netherlands BV 100 OPMEER 229 0Poland 3Legs Resources PLC Lane Resources Poland SP ZOO 100 Bytom-Gliwice 584Poland 3Legs Resources PLC Lane Energy Exploration SP ZOO 100 Cedry Wielkie 809 1Poland 3Legs Resources PLC Lane Energy Poland SP ZOO 30 Damnica 784 1Poland 3Legs Resources PLC Lane Resources Poland SP ZOO 100 Glinica-Psary 1,038Poland 3Legs Resources PLC Lane Energy Exploration SP ZOO 30 Godkowo 904Poland 3Legs Resources PLC Lane Energy Poland SP ZOO 30 Karwia 209Poland 3Legs Resources PLC Lane Energy Poland SP ZOO 30 Lębork 1,062 3Poland 3Legs Resources PLC Lane Energy Exploration SP ZOO 100 Stegna 625Poland BNK Petroleum INC Indiana Investments SP ZOO 100 Bytow 1,169 1Poland BNK Petroleum INC Indiana Investments SP ZOO 100 Darłowo 1,152Poland BNK Petroleum INC Saponis Investments SP ZOO 26.67 Sławno 1,154 1Poland BNK Petroleum INC Saponis Investments SP ZOO 26.67 Słupsk 919 1Poland BNK Petroleum INC Saponis Investments SP ZOO 26.67 Starogard 878 1Poland BNK Petroleum INC Indiana Investments SP ZOO 100 Trzebielino 1,167 1Poland Canadian International Oil Corp Canadian Oil International SP ZOO 100 Ostrowiec

Świętokrzyski1,193

Poland Canadian International Oil Corp Canadian Oil International SP ZOO 100 Skarżysko-Kamienna 1,198Poland Chevron Corp Chevron Polska Energy Resources SP ZOO 100 Frampol 1,178 1Poland Chevron Corp Chevron Polska Energy Resources SP ZOO 100 Grabowiec 1,195 1Poland Chevron Corp Chevron Polska Energy Resources SP ZOO 100 Kraśnik 1,194 1Poland Chevron Corp Chevron Polska Energy Resources SP ZOO 100 Zwierzyniec 824 1Poland China National Offshore Oil

Corporation LTDMarathon Oil Area A - J SP ZOO 40 Brodnica 1,088 1

Poland China National Offshore Oil Corporation LTD

Marathon Oil Area A - J SP ZOO 40 Ciechanow 1,186


Marathon Oil Area A - J SP ZOO 40 Kwidzyń 1,197 1


Marathon Oil Area A - J SP ZOO 40 Lidzbark 1,046


Marathon Oil Area A - J SP ZOO 40 Orzechow 1,008 1


Marathon Oil Area A - J SP ZOO 40 Płońsk S 360


Marathon Oil Area A - J SP ZOO 40 Rypin 670 1


Marathon Oil Area A - J SP ZOO 40 Siedlce 740 1


Marathon Oil Area A - J SP ZOO 40 Sokołow Podlaski 834 1

Poland ConocoPhillips Lane Energy Poland SP ZOO 70 Damnica 784 1Poland ConocoPhillips Lane Energy Poland SP ZOO 70 Karwia 209Poland ConocoPhillips Lane Energy Poland SP ZOO 70 Lębork 1,062 3Poland Cuadrilla Resources LTD Cuadrilla Poland SP ZOO 100 Łukow 628Poland Cuadrilla Resources LTD Cuadrilla Poland SP ZOO 100 Pionki 827Poland Dart Energy LTD Milejow LLP SP ZOO 100 Milejów 372Poland DPV Service SP ZOO DPV Service SP ZOO 100 Korczmin 629Poland DPV Service SP ZOO DPV Service SP ZOO 100 Lipsko 1,192Poland DPV Service SP ZOO DPV Service SP ZOO 100 Opole Lubelskie 388Poland DPV Service SP ZOO DPV Service SP ZOO 100 Radom 895Poland Eni SPA ENI Polska SP ZOO 100 Elbląg 574 1Poland Eni SPA ENI Polska SP ZOO 100 Malbork 999 1Poland Eni SPA ENI Polska SP ZOO 100 Młynary 395 1Poland Exxon Mobil Corp ExxonMobil Exploration and Production

Poland Energia Chelm SP J51 319-320 Chełm 1,162 1

Poland Grupa Lotos SA Lotos Petrobaltic SA 100 Gaz Połnoc 1,075Poland Grupa Lotos SA Lotos Petrobaltic SA 100 Gaz Południe 887Poland Grupa Lotos SA Lotos Petrobaltic SA 100 Gotlandia 881Poland Grupa Lotos SA Lotos Petrobaltic SA 100 Łeba 1,154Poland Grupa Lotos SA Lotos Petrobaltic SA 100 Rożewie 1,172

lItHuanIa • netHerlanDS • PolanD


EU

27

Li

st

in

g


CoMPnAy (DLHC)

intErEst

(%)

ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs

Poland Grupa Lotos SA Lotos Petrobaltic SA 100 Sambia E 1,092Poland Grupa Lotos SA Lotos Petrobaltic SA 100 Sambia W 888Poland Hutton Energy PLC Strzelecki Energia SP ZOO 100 Koło 1,172Poland Hutton Energy PLC Strzelecki Energia SP ZOO 100 Łodź Zachod 809Poland Hutton Energy PLC Oleśnica LLP 25 Oleśnica 1,161Poland Hutton Energy PLC Strzelecki Energia SP ZOO 100 Poddębice 645Poland Hutton Energy PLC South Prabuty LLP 25 Prabuty Południowe 481 1Poland Hutton Energy PLC Wieluń LLP 25 Wieluń 888Poland LNG Energy LTD Joyce Investments SP ZOO 50 Iława 746Poland LNG Energy LTD Saponis Investments SP ZOO 20 Sławno 1,154 1Poland LNG Energy LTD Saponis Investments SP ZOO 20 Słupsk 919 1Poland LNG Energy LTD Saponis Investments SP ZOO 20 Starogard 878 1Poland LNG Energy LTD Maryani Investments SP ZOO 50 Węgrow 712Poland MAC OIL Mac Oil (Poland) SP ZOO 100 Gdynia 252,522Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Brodnica 1,088 1Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Ciechanow 1,186Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Kwidzyń 1,197 1Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Lidzbark 1,046Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Orzechow 1,008 1Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 100 Parczew 1,003Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Płońsk S 360Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 100 Płońsk SE 245Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Rypin 670 1Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Siedlce 740 1Poland Marathon Oil Corp Marathon Oil Area A - J SP ZOO 51 Sokołow Podlaski 834 1Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Brodnica 1,088 1Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Ciechanow 1,186Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Kwidzyń 1,197 1Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Lidzbark 1,046Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Orzechow 1,008 1Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Płońsk S 360Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Rypin 670 1Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Siedlce 740 1Poland Mitsui & Co LTD Marathon Oil Area A - J SP ZOO 9 Sokołow Podlaski 834 1Poland Petrolinvest SA Silurian SP ZOO 100 Chodel 189Poland Petrolinvest SA Eco Energy 2010 SP ZOO 100 Częstochowa 750Poland Petrolinvest SA Silurian SP ZOO 100 Głubczyce 1,156Poland Petrolinvest SA Wisent Oil & Gas SP ZOO 31.67 Gołdap 621Poland Petrolinvest SA Eco Energy 2010 SP ZOO 100 Grudziądz 699Poland Petrolinvest SA Silurian SP ZOO 100 Kędzierzyn-Koźle 994Poland Petrolinvest SA Wisent Oil & Gas SP ZOO 31.67 Kętrzyn 683 1Poland Petrolinvest SA Wisent Oil & Gas SP ZOO 31.67 Lidzbark Warmiński 895Poland Petrolinvest SA Silurian SP ZOO 100 Makow Mazowiecki 699Poland Petrolinvest SA Silurian SP ZOO 100 Opole 1,044Poland Petrolinvest SA Eco Energy 2010 SP ZOO 100 Repki 882Poland Petrolinvest SA Eco Energy 2010 SP ZOO 100 Siemiatycze 892Poland Petrolinvest SA Wisent Oil & Gas SP ZOO 31.67 Węgorzewo 134Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Bełżyce 1,019Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Garwolin 884 1Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Hrubieszow 415Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Lubartow 1,156 3Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Lublin 967Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Sieradz 917Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Wierzbica 702 3Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Wodynie-Łukow 1,191Poland PKN Orlen SA Orlen Upstream SP ZOO 100 Wołomin 1,180Poland Polskie Gornictwo Naftowe

i Gazownictwo SAPolskie Gornictwo Naftowe i Gazownictwo SA

100 172 937

Poland Polskie Gornictwo Naftowe i Gazownictwo SA

Polskie Gornictwo Naftowe i Gazownictwo SA

100 173 937



100 192 922



100 193 942



100 Bartoszyce 670



100 Górowo Iławeckie 1,094



100 Kartuzy-Szemud 783



100 Kock-Tarkawica 1,028



100 Pakosław-Krotoszyn 1,096



100 Pionki-Kazimierz 530 1



100 Ryki-Zyrzyn 426



100 Stara Kiszewa 1,178

PolanD



CoMPnAy (DLHC)

intErEst

(%)

ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs


Polskie Gornictwo Naftowe i Gazownictwo SA 100 Tomaszow Lubelski 741 1


Polskie Gornictwo Naftowe i Gazownictwo SA 100 Warka-Ursynow 734


Polskie Gornictwo Naftowe i Gazownictwo SA 100 Wejherowo 731 4


Polskie Gornictwo Naftowe i Gazownictwo SA 100 Wiszniow-Tarnoszyn 1,106

Poland RAG Saponis Investments SP ZOO 26.3 Sławno 1,154 1Poland RAG Saponis Investments SP ZOO 26.3 Słupsk 919 1Poland RAG Saponis Investments SP ZOO 26.3 Starogard 878 1Poland San Leon Energy PLC Baltic Oil&Gas SP ZOO 100 Braniewo S 1,043 1Poland San Leon Energy PLC San Leon Czersk 100 Czersk 702Poland San Leon Energy PLC Baltic Oil&Gas SP ZOO 100 Gdańsk W 889 1Poland San Leon Energy PLC Helland Investments SP ZOO 100 Gniew 1,191Poland San Leon Energy PLC Gora Energy SP ZOO 100 Gora 706 1Poland San Leon Energy PLC Joyce Investments SP ZOO 50 Iława 746Poland San Leon Energy PLC Aurelian Oil and Gas SP ZOO 100 Kotlarka 213Poland San Leon Energy PLC Liesa Energy SP ZOO 100 Nowa Sol 1,166 2Poland San Leon Energy PLC Oleśnica LLP 75 Oleśnica 1,161Poland San Leon Energy PLC South Prabuty LLP 75 Prabuty Południowe 481 1Poland San Leon Energy PLC San Leon Praszka 100 Praszka 1,199Poland San Leon Energy PLC Aurelian Oil and Gas SP ZOO 100 Prusice 758Poland San Leon Energy PLC San Leon Rawicz 100 Rawicz 742Poland San Leon Energy PLC Baltic Oil&Gas SP ZOO 100 Szczawno 603 2Poland San Leon Energy PLC Maryani Investments SP ZOO 50 Węgrow 712Poland San Leon Energy PLC Wieluń LLP 75 Wieluń 888Poland San Leon Energy PLC San Leon Wschowa 100 Wschowa 1,078Poland Sorgenia SPA Saponis Investments SP ZOO 27 Sławno 1,154 1Poland Sorgenia SPA Saponis Investments SP ZOO 27 Słupsk 919 1Poland Sorgenia SPA Saponis Investments SP ZOO 27 Starogard 878 1Poland Stena Investment SARL Wisent Oil & Gas SP ZOO 29.7 Gołdap 621Poland Stena Investment SARL Wisent Oil & Gas SP ZOO 29.7 Kętrzyn 683 1Poland Stena Investment SARL Wisent Oil & Gas SP ZOO 29.7 Lidzbark Warmiński 895Poland Stena Investment SARL Wisent Oil & Gas SP ZOO 29.7 Węgorzewo 134Poland Total SA ExxonMobil Exploration and Production

Poland Energia Chelm SP J49 319-320 Chełm 1,162 1

Poland Wisent Oil & Gas SP ZOO Wisent Oil & Gas SP ZOO 38 Gołdap 621Poland Wisent Oil & Gas SP ZOO Wisent Oil & Gas SP ZOO 38 Kętrzyn 683 1Poland Wisent Oil & Gas SP ZOO Wisent Oil & Gas SP ZOO 38 Lidzbark Warmiński 895Poland Wisent Oil & Gas SP ZOO Wisent Oil & Gas SP ZOO 38 Węgorzewo 134Poland Exxon Mobil Corp ExxonMobil Exploration and Production

Poland SP ZOO100 Mińsk Mazowiecki 1,085 1

Poland San Leon Energy PLC Vabush Energy 100 Nida 1,167 2Portugal Galp Energia Group Petroleos de Portugal - Petrogal 50 Aljubarrota - 3 512 1Portugal Oracle Energy Oracle Energy 100 Barreiro 855 0Portugal Porto Energy Corp Mohave Oil And Gas Corporation 100 Torres Vedrs 3 1,269 0Portugal Porto Energy Corp Petroleos de Portugal - Petrogal 50 Aljubarrota - 3 512 1Portugal Porto Energy Corp Mohave Oil And Gas Corporation 100 Rio Maior - 2 1,274Portugal Porto Energy Corp Mohave Oil And Gas Corporation 100 Cabo Mondego - 2 630Portugal Porto Energy Corp Mohave Oil And Gas Corporation 100 São Pedro de Muel - 2 518Portugal Porto Energy Corp Mohave Oil And Gas Corporation 100 Zambujal 907Portugal Porto Energy Corp Mohave Oil And Gas Corporation 100 Peniche 193Romania Chevron Corp Chevron Corp 100 Barlad 6,350Romania Chevron Corp Chevron Corp 100 Adamclisi 900Romania Chevron Corp Chevron Corp 100 Costinesti 900Romania Chevron Corp Chevron Corp 100 VamaVeche 900Romania East-West Petroleum Corp East-West Petroleum Corp 85 Tria 1,000Romania East-West Petroleum Corp East-West Petroleum Corp 85 Baile Felix 1,000Romania East-West Petroleum Corp East-West Petroleum Corp 85 Periam 1,000Romania East-West Petroleum Corp East-West Petroleum Corp 85 Biled 1,000Romania Expert Petroleum MOL 30 Voivozi 1,145Romania Expert Petroleum MOL 30 Adea 1,145Romania Expert Petroleum MOL 30 Curtici 1,145Romania MOL MOL 70 Voivozi 1,145Romania MOL MOL 70 Adea 1,145Romania MOL MOL 70 Curtici 1,145Romania Naftna Industrija Srbije NIS East-West Petroleum Corp 15 Tria 1,000Romania Naftna Industrija Srbije NIS East-West Petroleum Corp 15 Baile Felix 1,000Romania Naftna Industrija Srbije NIS East-West Petroleum Corp 15 Periam 1,000Romania Naftna Industrija Srbije NIS East-West Petroleum Corp 15 Biled 1,000Romania Raffles Energy Pte Zeta Petroleum 50 Suceava 2,403Romania Romgaz Romgaz 100 Transilvania NordRomania Romgaz Romgaz 100 Transylvania CenterRomania Romgaz Romgaz 100 Transilvania SudRomania Romgaz Romgaz 100 North MoldovaRomania Romgaz Romgaz 100 Moldova SouthRomania Romgaz Romgaz 100 Muntenia Nord EstRomania Romgaz Romgaz 100 Muntenia Center

PolanD • PortuGal • romanIa


EU

27

Li

st

in

g


CoMPnAy (DLHC)

intErEst

(%)

ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs

Romania Romgaz Romgaz 100 OlteniaRomania Sterling Resources Transatlantic Petroleum 50 SudCraiova 4,000Romania Transatlantic Petroleum Transatlantic Petroleum 50 SudCraiova 4,000Romania Zeta Petroleum Zeta Petroleum 50 Suceava 2,403Slovakia Geokos OOD Geokos OOD 100 Burda 180Slovakia JKX Oil & Gas PLC Aurelian Oil & Gas SRO Slovakia 25 Snina 961Slovakia JKX Oil & Gas PLC Aurelian Oil & Gas SRO Slovakia 25 Medzilaborce 721Slovakia JKX Oil & Gas PLC Aurelian Oil & Gas SRO Slovakia 25 Svidník 760Slovakia Nafta AS Nafta AS 100 Bažantnica 452Slovakia Nafta AS Nafta AS 100 Gbely 940Slovakia Nafta AS Nafta AS 100 Východoslovenská

nížina968

Slovakia ROMGAZ SA Aurelian Oil & Gas SRO Slovakia 25 Snina 961Slovakia ROMGAZ SA Aurelian Oil & Gas SRO Slovakia 25 Medzilaborce 721Slovakia ROMGAZ SA Aurelian Oil & Gas SRO Slovakia 25 Svidník 760Slovakia San Leon Energy PLC Aurelian Oil & Gas SRO Slovakia 50 Snina 961Slovakia San Leon Energy PLC Aurelian Oil & Gas SRO Slovakia 50 Medzilaborce 721Slovakia San Leon Energy PLC Aurelian Oil & Gas SRO Slovakia 50 Svidník 760Slovakia Topgas Slovakia SRO Topgas Slovakia SRO 100 Kežmarok 583Slovenia Ascent Resources Geoenergo DOO 75 Petišovci 100 1Slovenia Petrol Geoenergo DOO 25 Petišovci 100 1Spain Basque Energy Board Sociedad de Hidrocarburos de Euskadi SA 44 ANGOSTO-1 261Spain Basque Energy Board Oil & Gas Skills SA 33.78 CAMEROS-2 35Spain Basque Energy Board Oil & Gas Skills SA 33.78 EBRO-A 217Spain Basque Energy Board Oil & Gas Skills SA 33.78 EBRO-B 948Spain Basque Energy Board Oil & Gas Skills SA 33.78 EBRO-C 632Spain Basque Energy Board Oil & Gas Skills SA 33.78 EBRO-D 948Spain Basque Energy Board Oil & Gas Skills SA 33.78 EBRO-E 1,011Spain Basque Energy Board Sociedad de Hidrocarburos de Euskadi SA 44 ENARA 759Spain Basque Energy Board Sociedad de Hidrocarburos de Euskadi SA 44 MIRUA 752Spain Basque Energy Board Sociedad de Hidrocarburos de Euskadi SA 100 SAIA 498Spain Basque Energy Board Sociedad de Hidrocarburos de Euskadi SA 44 USOA 727Spain BNK Petroleum INC Trofagas Hidrocarburos SL 100 ARQUETU 249Spain BNK Petroleum INC Trofagas Hidrocarburos SL 100 URRACA 948

BNK Petroleum INC Trofagas Hidrocarburos SL 100 SEDANO 348Spain Cambria Europe Sociedad de Hidrocarburos de Euskadi SA 20 ANGOSTO-1 261Spain Cambria Europe Sociedad de Hidrocarburos de Euskadi SA 20 ENARA 759Spain Cambria Europe Sociedad de Hidrocarburos de Euskadi SA 20 MIRUA 752Spain Cambria Europe Sociedad de Hidrocarburos de Euskadi SA 20 USOA 727Spain CBMRESA CBMRESA 100 BOÑAR-CISTIERNA 379Spain Compania Petrolifera de Sedano Compania Petrolifera de Sedano 100 HUERMECES 121Spain Enegas SA Enegas SA 100 REUS 257Spain Greenpark Energy Espana SA Greenpark Energy Espana SA 100 PISUERGA 428Spain Heyco Energy Group INC Sociedad de Hidrocarburos de Euskadi SA 36 ANGOSTO-1 261Spain Heyco Energy Group INC Sociedad de Hidrocarburos de Euskadi SA 36 ENARA 759Spain Heyco Energy Group INC Sociedad de Hidrocarburos de Euskadi SA 36 MIRUA 752Spain Heyco Energy Group INC Sociedad de Hidrocarburos de Euskadi SA 36 USOA 727Spain Hulleras del Norte SA Hulleras del Norte SA 100 MORCIN-1 125Spain Hunosa Petroleum Oil & Gas Espana 40 GRANDA 187Spain Invexta Resources LTD Invexta Resources LTD 100 ARIES-1 1,006Spain Invexta Resources LTD Invexta Resources LTD 100 ARIES-2 1,006Spain Leni Gas & Oil PLC Compania Petrolifera de Sedano 100 VALDERREDIBLE 241Spain Northern Petroleum LTD Ayoopco LTD 100 BASCONCILLOS H 194Spain Oil & Gas Capital SL Oil & Gas Capital SL 100 PENÉLOPE 272Spain Oil & Gas Capital SL Oil & Gas Capital SL 100 ULISES-2 408Spain Oil & Gas Capital SL Oil & Gas Capital SL 100 ULISES-3 272Spain Oil & Gas Capital SL Oil & Gas Capital SL 100 ESCORPIO 201Spain Oil & Gas Capital SL Oil & Gas Capital SL 100 LEO 403Spain Oil & Gas Skills SA Oil & Gas Skills SA 13.51 CAMEROS-2 35Spain Oil & Gas Skills SA Oil & Gas Skills SA 13.51 EBRO-A 217Spain Oil & Gas Skills SA Oil & Gas Skills SA 13.51 EBRO-B 948Spain Oil & Gas Skills SA Oil & Gas Skills SA 13.51 EBRO-C 632Spain Oil & Gas Skills SA Oil & Gas Skills SA 13.51 EBRO-D 948Spain Oil & Gas Skills SA Oil & Gas Skills SA 13.51 EBRO-E 1,011Spain Petroleum Oil & Gas Espana SA Petroleum Oil & Gas Espana SA 50 BEZENA 878Spain Petroleum Oil & Gas Espana SA Petroleum Oil & Gas Espana SA 50 BIGUENZO 917Spain Petroleum Oil & Gas Espana SA Petroleum Oil & Gas Espana SA 100 HORQUILLA 965Spain Petroleum Oil & Gas Espana SA Petroleum Oil & Gas Espana SA 100 LES PINASSES 128Spain Petroleum Oil & Gas Espana SA Petroleum Oil & Gas Espana SA 50 GRANDA 187Spain Portland Gas Esp SL Portland Gas Esp SL 100 GUADALQUIVIR 137Spain Pyreenes Energy Spain SA Petroleum Oil & Gas Espana SA 10 BEZENA 878Spain Pyreenes Energy Spain SA Petroleum Oil & Gas Espana SA 10 BIGUENZO 917Spain Pyreenes Energy Spain SA Pyreenes Energy Spain SA 100 ANISA 261Spain Pyreenes Energy Spain SA Pyreenes Energy Spain SA 100 CARLOTA 253Spain Pyreenes Energy Spain SA Pyreenes Energy Spain SA 100 PLACIDO 379Spain Repsol SA Repsol Investigaciones Petroliferas SA 100 BERDUN 759Spain Repsol SA Petroleum Oil & Gas Espana SA 40 BIGUENZO 917Spain Repsol SA Repsol Investigaciones Petroliferas SA 100 LUENA 746

romanIa • SlovakIa • SlovenIa • SPaIn



CoMPnAy (DLHC)

intErEst

(%)

ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs

Spain Repsol SA Petroleum Oil & Gas Espana SA 40 BEZENA 878Spain Repsol SA Repsol Investigaciones Petroliferas SA 100 TURBÓN 569Spain San Leon Energy PLC Frontera Energy Corporation SL 100 AQUILES 1,024Spain San Leon Energy PLC Frontera Energy Corporation SL 100 CRONOS 970Spain San Leon Energy PLC Frontera Energy Corporation SL 100 GÉMINIS 479Spain San Leon Energy PLC Frontera Energy Corporation SL 100 LIBRA 379Spain Schuepbach Energy Schuepbach Energy 85 RUEDALABOLA 207Spain Schuepbach Energy Schuepbach Energy 85 TESORILLO 620Spain Storengy Espana SL Storengy Espana SL 100 ALBERO 896Spain Union Fenosa Gas Exploracion y

Produccion SAOil & Gas Skills SA 52.7 CAMEROS-2 35

Spain Union Fenosa Gas Exploracion y Produccion SA

Oil & Gas Skills SA 52.7 EBRO-A 217


Oil & Gas Skills SA 52.7 EBRO-B 948


Oil & Gas Skills SA 52.7 EBRO-C 632


Oil & Gas Skills SA 52.7 EBRO-D 948


Oil & Gas Skills SA 52.7 EBRO-E 1,011

Spain Vancast Exploracion Petroleum Oil & Gas Espana 10 GRANDA 187Spain Vancast Exploracion Schuepbach Energy 15 RUEDALABOLA 207Spain Vancast Exploracion Schuepbach Energy 15 TESORILLO 620United Kingdom Adamo Energy UK LTD Coastal Oil and Gas LTD 50 PEDL218United Kingdom Aimwell Energy LTD Northdown Energy LTD 10 PEDL245United Kingdom AJ Lucas Group LTD Cuadrilla Weald LTD 96 EXL189United Kingdom AJ Lucas Group LTD Cuadrilla Elswick LTD 91 EXL269United Kingdom AJ Lucas Group LTD Cuadrilla Bowland LTD 75 PEDL165 1,180 4United Kingdom AJ Lucas Group LTD Cuadrilla Balcombe LTD 100 PEDL244 1United Kingdom AJ Lucas Group LTD Cuadrilla Weald LTD 100 PEDL247United Kingdom AJ Lucas Group LTD Cuadrilla Resources 96 PL55United Kingdom Alkane Energy PLC Seven Star Natural Gas LTD 100 PL213United Kingdom Alkane Energy PLC Alkane Energy UK LTD 100 AL10United Kingdom Alkane Energy PLC Eastern Pegasus LTD 100 EXL253United Kingdom Alkane Energy PLC Regent Park Energy LTD 100 EXL288United Kingdom Alkane Energy PLC Alkane Energy UK LTD 100 PEDL1United Kingdom Alkane Energy PLC Regent Park Energy LTD 100 PEDL11United Kingdom Alkane Energy PLC Alkane Energy UK LTD 50 PEDL14United Kingdom Alkane Energy PLC Seven Star Natural Gas LTD 50 PEDL141United Kingdom Alkane Energy PLC Regent Park Energy LTD 100 PEDL169United Kingdom Alkane Energy PLC Alkane Energy UK LTD 100 PEDL191United Kingdom Alkane Energy PLC Alkane Energy UK LTD 100 PEDL202United Kingdom Alkane Energy PLC Alkane Energy UK LTD 50 PEDL254United Kingdom Alkane Energy PLC Alkane Energy UK LTD 50 PEDL255United Kingdom Alkane Energy PLC Alkane Energy UK LTD 100 PEDL37United Kingdom Alkane Energy PLC Alkane Energy UK LTD 100 PEDL39United Kingdom Alkane Energy PLC Regent Park Energy LTD 100 PEDL40United Kingdom Alkane Energy PLC Regent Park Energy LTD 100 PEDL43United Kingdom Alkane Energy PLC Regent Park Energy LTD 100 PEDL56United Kingdom Alkane Energy PLC Regent Park Energy LTD 100 PEDL57United Kingdom Alkane Energy PLC Courage Energy UK LTD 50 PEDL90United Kingdom Alkane Energy PLC Regent Park Energy LTD 100 PL161United Kingdom Altwood Petroleum LTD Cuadrilla Resources 4 PL55United Kingdom Altwood Petroleum LTD Cuadrilla Weald LTD 4 EXL189United Kingdom Altwood Petroleum LTD Cuadrilla Elswick LTD 4 EXL269United Kingdom Altwood Petroleum LTD Altwood Petroleum LTD 4 EXL288United Kingdom Altwood Petroleum LTD Altwood Petroleum LTD 4 EXL288United Kingdom Altwood Petroleum LTD Seven Star Natural Gas LTD 4 PEDL141United Kingdom Altwood Petroleum LTD Europa Oil & Gas LTD 1.6 PEDL143 92United Kingdom Angus Energy LTD Egdon Resources UK LTD 10 PEDL118United Kingdom Angus Energy LTD Egdon Resources UK LTD 10 PEDL203United Kingdom Angus Energy LTD Angus Energy Weald Basin No 3 LTD 100 PL235United Kingdom Angus Energy LTD Angus Energy Weald Basin No 3 LTD 100 PL241United Kingdom Aurora Petroleum LTD Aurora Exploration UK LTD 100 PEDL164United Kingdom Aurora Petroleum LTD Egdon Resources UK LTD 18.75 PEDL237United Kingdom Aurora Petroleum LTD Island Gas LTD 8.33 PEDL70United Kingdom Aurora Petroleum LTD Egdon Resources UK LTD 18.75 PL90United Kingdom BG Group PLC BG International LTD 51 PEDL133 331United Kingdom Biogas Technology LTD Biogas Technology LTD 100 EXL203United Kingdom Biogas Technology LTD Biogas Technology LTD 100 EXL276United Kingdom Blackland Park Exploration LTD Alta Quest Energy Corporation UK LTD 100 EXL141United Kingdom Blackland Park Exploration LTD Courage Energy UK LTD 100 EXL294United Kingdom Blackland Park Exploration LTD Blackland Park Exploration LTD 80 PEDL209United Kingdom Blackland Park Exploration LTD Courage Energy UK LTD 50 PEDL90United Kingdom Blackland Park Exploration LTD Blackland Park Exploration LTD 50 PL199United Kingdom Blackland Park Exploration LTD Blackland Park Exploration LTD 50 PL215United Kingdom Blackland Park Exploration LTD Blackland Park Exploration LTD 50 PL215United Kingdom Cairn Energy PLC Egdon Resources UK LTD 15 PEDL118

SPaIn • unIteD kInGDom


EU

27

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CoMPnAy (DLHC)

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ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs

United Kingdom Cairn Energy PLC Egdon Resources UK LTD 15 PEDL203United Kingdom Cairn Energy PLC Egdon Resources UK LTD 10 PEDL5United Kingdom IGas PLC Caithness Oil LTD 65 PEDL158United Kingdom Celtique Energy Holdings LTD Egdon Resources UK LTD 33.33 PEDL180 100United Kingdom Celtique Energy Holdings LTD Europa Oil & Gas LTD 25 PEDL181 540United Kingdom Celtique Energy Holdings LTD Egdon Resources UK LTD 33.33 PEDL182 40United Kingdom Celtique Energy Holdings LTD Celtique Energie Petroleum LTD 100 PEDL197 200United Kingdom Celtique Energy Holdings LTD Egdon Resources UK LTD 32.5 PEDL201 100United Kingdom Celtique Energy Holdings LTD Celtique Energie Weald LTD 50 PEDL231 400United Kingdom Celtique Energy Holdings LTD Celtique Energie Weald LTD 50 PEDL232 94United Kingdom Celtique Energy Holdings LTD Celtique Energie Weald LTD 50 PEDL234 300United Kingdom Celtique Energy Holdings LTD Egdon Resources UK LTD 50 PEDL241 110United Kingdom Celtique Energy Holdings LTD Celtique Energie Weald LTD 50 PEDL243 300United Kingdom Centrica PLC Cuadrilla Bowland LTD 25 PEDL165 1,180United Kingdom Centrica PLC CENTRICA 100 PL234United Kingdom Cirque Energy UK LTD Cirque Energy UK LTD 100 EXL294United Kingdom Corfe Energy LTD Island Gas LTD 10 PEDL70United Kingdom Corfe Energy LTD Egdon Resources UK LTD 12.5 PEDL201 100United Kingdom Dart Energy LTD GP Energy LTD 100 AL10 75United Kingdom Dart Energy LTD GP Energy LTD 100 EXL273 48United Kingdom Dart Energy LTD GP Energy LTD 100 EXL284 34United Kingdom Dart Energy LTD GP Energy LTD 100 EXL288 51United Kingdom Dart Energy LTD GP Energy LTD 100 EXL290 10United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL12 86United Kingdom Dart Energy LTD BG International LTD 49 PEDL133 331United Kingdom Dart Energy LTD GP Energy LTD 60 PEDL139 100United Kingdom Dart Energy LTD GP Energy LTD 60 PEDL140 141United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL146 276United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL147 100United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL159 295United Kingdom Dart Energy LTD Dart Energy Forth Valley LTD 100 PEDL161 112United Kingdom Dart Energy LTD Dart Energy Forth Valley LTD 100 PEDL163 300United Kingdom Dart Energy LTD Dart Energy East England LTD 100 PEDL173 32United Kingdom Dart Energy LTD Dart Energy East England LTD 100 PEDL174 54United Kingdom Dart Energy LTD Dart Energy East England LTD 100 PEDL176 200United Kingdom Dart Energy LTD Dart Energy East England LTD 100 PEDL178 64United Kingdom Dart Energy LTD Dart Energy East England LTD 100 PEDL179 100United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL186 80United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL187 80United Kingdom Dart Energy LTD Dart Energy West England LTD 100 PEDL188 100United Kingdom Dart Energy LTD Dart Energy West England LTD 100 PEDL189 100United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL195 100United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL196 75United Kingdom Dart Energy LTD GP Energy LTD 100 PEDL198 75United Kingdom Dart Energy LTD Dart Energy East England LTD 100 PEDL200 109United Kingdom Dart Energy LTD Dart Energy East England LTD 100 PEDL207 28United Kingdom Dart Energy LTD Dart Energy East England LTD 100 PEDL210 120United Kingdom Dart Energy LTD Dart Energy West England LTD 100 PEDL211 100United Kingdom Dart Energy LTD GP Energy LTD 100 PL162 42United Kingdom Dart Energy LTD Dart Energy West England LTD 100 PEDL185 200United Kingdom Dorset Exploration LTD Egdon Resources 10 PL90United Kingdom Ecorp International LLC GP Energy LTD 30 PEDL139 100United Kingdom Ecorp International LLC GP Energy LTD 30 PEDL140 141United Kingdom Eden Energy LTD Eden Energy UK LTD 100 PEDL212United Kingdom Eden Energy LTD UK Methane LTD 50 PEDL214United Kingdom Eden Energy LTD UK Methane LTD 50 PEDL215United Kingdom Eden Energy LTD Coastal Oil and Gas LTD 50 PEDL216United Kingdom Eden Energy LTD Coastal Oil and Gas LTD 50 PEDL217United Kingdom Eden Energy LTD Coastal Oil and Gas LTD 50 PEDL219United Kingdom Eden Energy LTD Coastal Oil and Gas LTD 50 PEDL220United Kingdom Eden Energy LTD Eden Energy UK LTD 100 PEDL221United Kingdom Eden Energy LTD Eden Energy UK LTD 100 PEDL223United Kingdom Eden Energy LTD UK Methane LTD 50 PEDL226United Kingdom Eden Energy LTD UK Methane LTD 50 PEDL227United Kingdom Eden Energy LTD UK Methane LTD 50 PEDL228United Kingdom Eden Energy LTD Eden Energy UK LTD 50 PEDL249United Kingdom Eden Energy LTD Eden Energy UK LTD 50 PEDL250United Kingdom Eden Energy LTD Eden Energy UK LTD 50 PEDL251United Kingdom Eden Energy LTD Eden Energy UK LTD 50 PEDL252United Kingdom Egdon Resources LTD Egdon Resources UK LTD 50 PEDL118United Kingdom Egdon Resources LTD Northern Petroleum GB LTD 10 PEDL126 122United Kingdom Egdon Resources LTD Egdon Resources UK LTD 100 PEDL130United Kingdom Egdon Resources LTD GP Energy LTD 10 PEDL139 100United Kingdom Egdon Resources LTD GP Energy LTD 10 PEDL140 141United Kingdom Egdon Resources LTD Seven Star Natural Gas LTD 46 PEDL141United Kingdom Egdon Resources LTD Europa Oil & Gas LTD 38.4 PEDL143 92United Kingdom Egdon Resources LTD NP Weald LTD 10 PEDL155 53United Kingdom Egdon Resources LTD Egdon Resources UK LTD 33.33 PEDL180 100

unIteD kInGDom



CoMPnAy (DLHC)

intErEst

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ConCEssions

nAME

LiCEnsE

ArEA (km2)EXP.

WELLs

United Kingdom Egdon Resources LTD Europa Oil & Gas LTD 25 PEDL181 540United Kingdom Egdon Resources LTD Egdon Resources UK LTD 33.33 PEDL182 40United Kingdom Egdon Resources LTD Egdon Resources UK LTD 32.5 PEDL201 100United Kingdom Egdon Resources LTD Egdon Resources UK LTD 50 PEDL203United Kingdom Egdon Resources LTD Egdon Resources UK LTD 75 PEDL206United Kingdom Egdon Resources LTD Egdon Resources PLC 55 PEDL237United Kingdom Egdon Resources LTD Northern Petroleum GB LTD 7.5 PEDL240 7United Kingdom Egdon Resources LTD Egdon Resources UK LTD 50 PEDL241 110United Kingdom Egdon Resources LTD Egdon Resources UK LTD 60 PEDL253United Kingdom Egdon Resources LTD NP Weald LTD 7.5 PEDL256 45United Kingdom Egdon Resources LTD Egdon Resources UK LTD 75 PEDL5United Kingdom Egdon Resources LTD Egdon Resources UK LTD 40 PEDL68United Kingdom Egdon Resources LTD Island Gas LTD 26.67 PEDL70United Kingdom Egdon Resources LTD Egdon Resources UK LTD 45 PL90United Kingdom Europa Oil & Gas PLC Europa Oil & Gas LTD 100 DL1United Kingdom Europa Oil & Gas PLC Europa Oil & Gas LTD 100 DL3United Kingdom Europa Oil & Gas PLC Europa Oil & Gas LTD 40 PEDL143 92United Kingdom Europa Oil & Gas PLC Europa Oil & Gas LTD 75 PEDL150 110United Kingdom Europa Oil & Gas PLC Egdon Resources UK LTD 33.34 PEDL180 100United Kingdom Europa Oil & Gas PLC Europa Oil & Gas LTD 50 PEDL181 540United Kingdom Europa Oil & Gas PLC Egdon Resources UK LTD 33.34 PEDL182 40United Kingdom Fairfax Shelfco Fairfax Shelfco 307 LTD 100 PEDL236United Kingdom Fairfax Shelfco Fairfax Shelfco 320 LTD 100 PEDL225United Kingdom First Oil Expro PLC Egdon Resources UK LTD 26.25 PL90United Kingdom First Oil Expro PLC Egdon Resources UK LTD 26.25 PEDL237United Kingdom His Grace the Duke

of DevonshireHis Grace the Duke of Devonshire 100 CE1

United Kingdom Iberdrola SA Scottishpower Generation LTD 100 PL162United Kingdom Igas PLC Island Gas LTD 100 AL9United Kingdom Igas PLC Island Gas LTD 100 DL2United Kingdom Igas PLC Island Gas LTD 100 DL4United Kingdom Igas PLC Island Gas LTD 100 ML18United Kingdom Igas PLC Island Gas LTD 100 ML21United Kingdom Igas PLC Island Gas LTD 100 ML3United Kingdom Igas PLC Island Gas LTD 100 ML4United Kingdom Igas PLC Island Gas LTD 100 ML6United Kingdom Igas PLC Island Gas LTD 100 ML7United Kingdom Igas PLC Island Gas LTD 100 ML7United Kingdom Igas PLC Island Gas LTD 100 PEDL107 211United Kingdom Igas PLC Island Gas LTD 100 PEDL115 232United Kingdom Igas PLC Island Gas LTD 100 PEDL145 102United Kingdom Igas PLC Island Gas LTD 100 PEDL184 386United Kingdom Igas PLC Island Gas LTD 100 PEDL190 386United Kingdom Igas PLC Island Gas LTD 100 PEDL193 296 1United Kingdom Igas PLC Island Gas LTD 100 PEDL21United Kingdom Igas PLC Island Gas Singleton LTD 50 PEDL233United Kingdom Igas PLC Island Gas LTD 100 PEDL235United Kingdom Igas PLC Island Gas LTD 100 PEDL40United Kingdom Igas PLC Island Gas LTD 100 PEDL56United Kingdom Igas PLC Island Gas LTD 100 PEDL6United Kingdom Igas PLC Island Gas LTD 50 PEDL70United Kingdom Igas PLC Island Gas LTD 100 PEDL78 232United Kingdom Igas PLC Island Gas LTD 100 PL178United Kingdom Igas PLC Island Gas LTD 100 PL179United Kingdom Igas PLC Island Gas LTD 100 PL182United Kingdom Igas PLC Blackland Park Exploration LTD 50 PL199United Kingdom Igas PLC Island Gas LTD 100 PL199United Kingdom Igas PLC Island Gas LTD 100 PL199United Kingdom Igas PLC Island Gas LTD 100 PL205United Kingdom Igas PLC Island Gas LTD 90 PL211United Kingdom Igas PLC Island Gas LTD 100 PL220United Kingdom Igas PLC Island Gas LTD 100 PL233United Kingdom Igas PLC Island Gas Singleton LTD 100 PL240United Kingdom Igas PLC Island Gas LTD 100 PL249United Kingdom Low New Biggin Oil Low New Biggin Oil LTD 100 PEDL199United Kingdom Maersk Oil North Sea UK LTD Perenco Oil and Gas LTD 7.5 PL89United Kingdom Magellan Petroleum Corp Northern Petroleum GB LTD 40 PEDL126 122United Kingdom Magellan Petroleum Corp Magellan Petroleum UK LTD 100 PEDL137 99United Kingdom Magellan Petroleum Corp NP Weald LTD 40 PEDL155 53United Kingdom Magellan Petroleum Corp Celtique Energie Weald LTD 50 PEDL231 400United Kingdom Magellan Petroleum Corp Celtique Energie Weald LTD 50 PEDL232 94United Kingdom Magellan Petroleum Corp Celtique Energie Weald LTD 50 PEDL234 300United Kingdom Magellan Petroleum Corp Northern Petroleum GB LTD 22.5 PEDL240 7United Kingdom Magellan Petroleum Corp Celtique Energie Weald LTD 50 PEDL243 300United Kingdom Magellan Petroleum Corp Magellan Petroleum UK LTD 100 PEDL246 44United Kingdom Magellan Petroleum Corp NP Weald LTD 40 PEDL256 45United Kingdom Midmar Energy LTD Midmar Energy LTD 100 PEDL248United Kingdom Montrose Industries LTD Northern Petroleum GB LTD 5 PEDL240 7

unIteD kInGDom



CoMPnAy (DLHC)

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ArEA (km2)EXP.

WELLs

United Kingdom Montrose Industries LTD Montrose Industries LTD 40 PEDL253United Kingdom Montrose Industries LTD Egdon Resources UK LTD 5 PEDL68United Kingdom Moorland Energy LTD Moorland Exploration LTD 95 PEDL120 232United Kingdom Newton Energy Corp Newton Energy UK LTD 100 PEDL204United Kingdom Newton Energy Corp Newton Energy UK LTD 100 PEDL208United Kingdom Newton Energy Corp Newton Energy UK LTD 50 PEDL254United Kingdom Newton Energy Corp Newton Energy UK LTD 50 PEDL255United Kingdom Northdown Energy LTD Northdown Energy LTD 90 PEDL245United Kingdom Northern Petroleum PLC Northern Petroleum GB LTD 50 PEDL126 122United Kingdom Northern Petroleum PLC NP Weald LTD 50 PEDL155 53United Kingdom Northern Petroleum PLC Island Gas Singleton LTD 50 PEDL233United Kingdom Northern Petroleum PLC Northern Petroleum GB LTD 65 PEDL240 7United Kingdom Northern Petroleum PLC NP Weald LTD 52.5 PEDL256 45United Kingdom Northern Petroleum PLC Island Gas LTD 5 PEDL70United Kingdom Northern Petroleum PLC Island Gas LTD 10 PL211United Kingdom Norwest Energy NWE Mirrabooka UK PTY LTD 50 PEDL238 208United Kingdom NWE Mirrabooka UK PTY LTD NWE Mirrabooka UK PTY LTD 75 PEDL239 171United Kingdom Onshore Production Services LTD Onshore Production Services LTD 50 PL215United Kingdom Onshore Production Services LTD Onshore Production Services LTD 50 PL215United Kingdom Perenco Oil & Gas Perenco Oil and Gas UK LTD 100 ML5United Kingdom Perenco Oil & Gas Perenco Oil and Gas UK LTD 100 PL259United Kingdom Perenco Oil & Gas Perenco Oil and Gas UK LTD 49.615 PL89United Kingdom Petronas Energy Trading LTD Humbly Grove Energy LTD 100 PL116United Kingdom Premier Oil UK LTD Perenco Oil and Gas UK LTD 30.385 PL89United Kingdom Rathlin Energy UK LTD Rathlin Energy UK LTD 100 PEDL183United Kingdom Reach Oil & Gas Reach Coal Seam Gas LTD 100 PEDL162United Kingdom Red Rose Infrastructure LTD Harworth Power Generation LTD 100 EXL250United Kingdom Sonorex Oil and Gas LTD Sonorex Oil and Gas LTD 100 PEDL157United Kingdom Sonorex Oil and Gas LTD Sonorex Oil and Gas LTD 100 PEDL224United Kingdom Stelinmatvic Industries LTD Blackland Park Exploration LTD 20 PEDL209United Kingdom Sterling Resources Egdon Resources UK LTD 47 PEDL68United Kingdom Summit Petroleum Dorset LTD Perenco Oil and Gas UK LTD 7.5 PL89United Kingdom Talisman North Sea LTD Perenco Oil and Gas UK LTD 5 PL89United Kingdom Terrain Energy LTD Egdon Resources UK LTD 25 PEDL118United Kingdom Terrain Energy LTD Egdon Resources UK LTD 12.5 PEDL201 100United Kingdom Terrain Energy LTD Egdon Resources UK LTD 25 PEDL203United Kingdom Terrain Energy LTD Egdon Resources UK LTD 25 PEDL206United Kingdom Terrain Energy LTD Egdon Resources UK LTD 15 PEDL5United Kingdom Third Energy Viking UK Gas LTD 100 AL6United Kingdom Third Energy Viking UK Gas LTD 100 DL5United Kingdom Third Energy Viking UK Gas LTD 100 PEDL177United Kingdom Third Energy Viking UK Gas LTD 100 PL77United Kingdom Third Energy Viking UK Gas LTD 100 PL79United Kingdom Third Energy Viking UK Gas LTD 100 PL80United Kingdom Third Energy Viking UK Gas LTD 100 PL81United Kingdom Trap Oil LTD Trap Oil LTD 35 PEDL158United Kingdom UK Gas LTD UK Gas LTD 50 PEDL14United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 100 PEDL100United Kingdom UK Onshore Gas LTD UK Methane LTD 100 PEDL148United Kingdom UK Onshore Gas LTD UK Methane LTD 100 PEDL149United Kingdom UK Onshore Gas LTD UK Methane LTD 50 PEDL214United Kingdom UK Onshore Gas LTD UK Methane LTD 50 PEDL215United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL216United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL217United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL218United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL219United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL220United Kingdom UK Onshore Gas LTD UK Methane LTD 50 PEDL226United Kingdom UK Onshore Gas LTD UK Methane LTD 50 PEDL227United Kingdom UK Onshore Gas LTD UK Methane LTD 50 PEDL228United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL249United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL250United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL251United Kingdom UK Onshore Gas LTD Coastal Oil and Gas LTD 50 PEDL252United Kingdom Union Jack Oil PLC Egdon Resources UK LTD 10 PEDL201 100United Kingdom Valhalla Oil and Gas Valhalla Oil and Gas LTD 25 PEDL150 110United Kingdom Warwick Energy Cuadrilla Elswick LTD 5 EXL269United Kingdom Warwick Energy Warwick Integrated Methane

Production LTD96 EXL288

United Kingdom Warwick Energy Warwick Integrated Methane Production LTD

96 EXL288

United Kingdom Warwick Energy Warwick Energy Exploration and Production LTD

5 PEDL120 232

United Kingdom Warwick Energy Europa Oil & Gas LTD 20 PEDL143 92United Kingdom Wessex Exploration PLC NWE Mirrabooka UK PTY LTD 50 PEDL238 208United Kingdom Wessex Exploration PLC NWE Mirrabooka UK PTY LTD 25 PEDL239 171United Kingdom Wingas GMBH Wingas Storage UK LTD 100 PEDL5United Kingdom Yorkshire Exploration LTD Egdon Resources UK LTD 8 PEDL68

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Shale Gas Investment Guide LAUNCH PARTY

Maja Tobiasz and Piotr Spaczyński of SSW law firm

Małgorzata Chodur of Veolia Water at the wine tasting

Terry O’Dwyer of Terrapinn at center, speaking about Shale Gas World Europe

Tenaris, an oilfiled supplier, welcomed their guests to the SGIG launch party at the Boathouse Restaurant on October 2nd. The Poland Shale Coalition joined Tenaris in organizing a wine tasting for selected guests from countries around the world.

Tomasz Barańczyk a partner with PwC consulting company

p h o t o g r a p h y B y K M r a t S C h K a

A wine tasting was organized by Andrzej Strzelczyk an award winning sommelier

Guests enjoy dinner at the Boathouse Restaurant


Guests from Weatherford Poland

Andrea Pirovano, Michele Della Briotta and Matias Malik of Tenaris, sponsors of the party, who have been quite sucessful in Poland.

Eight types of wine from Romania, Italy, Argentina and the USA, as well as sake from Japan and tequilla from Mexico were tasted

Boathouse Restaurant where the business mixer was held

Ralf Plesky of Tenaris

John Buggenhagen represented San Leon Energy as a member of the Poland Shale Coalition

PI

CT

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Exalo Drilling S.A.

ExperienceSynergyQuality

Exalo Drilling S.A. is one of the largest providers of drilling and oilfield services in Central and Eastern Europe(CEE). The strategic goal of the company is to offer top quality services and maintain the leading position on the onshore drilling market.

Exalo Drilling S.A. continues the rich tradition of Polish exploration as it arose from five upstream companies of PGNiG Group: PNiG Krakow S.A.,PNiG Jaslo S.A., PNiG NAFTA S.A., PN Diament Sp. z o.o., and ZRG Krosno Sp. z o.o., which have unique experience in running drilling and service operations. The companies greatly contributed to the development of extraction of petroleum, gas and other natural resources in the territory of Poland and many countries all over the world .

The joint potential of five companies means a strong team of highly competent and experienced specialists as well as comprehensive technological base that allow to meet customer expectations and fulfill the growing demand of international markets.

www.exalo.pl

[email protected]




+48 (0) 604 113 028 | [email protected]

www.bakercorp.pl

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www.bakercorp.pl

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CALL BAKER!







needed.






Już w Polsce !

GEOLOGYLOW TOC, HIGH CLAY

UKRAINE OPERATIONS UPDATE

WINTER 2013

POLAND SHALE COALITION | INDICATORS | WHO’S WHO IN EUROPEAN SHALE


GUIDE

SHALE GAS investmentEU 27

CONCESSIONS LISTING

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Date post:	26-Mar-2016
Category:	Documents
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Shale Gas Investment Guide vol. 6

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