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Business news - 28 June 2011

Rockhopper drills viable oil well in Falklands

Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, has announced that it has drilled a well which is now flowing at commercially viable rates.

 

3Legs resources discovers shale gas in Poland

3Legs resources has announced that it has encountered high concentrations of gas along the entire 1000m length of the Lebien LE-2H horizontal well which was drilled to a total measured depth of 4080 m in same location as its earlier Lebien LE-1 vertical test well.