SGIG

SHALE GAS
investment
GUIDE
GEOLOGY
LOW TOC, HIGH CLAY
WINTER 2013
UKRAINE
OPERATIONS UPDATE
EU 27
CONCESSIONS LISTING
POLAND SHALE COALITION | INDICATORS | WHOS WHO IN EUROPEAN SHALE

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|3
4 | Shale Gas Investment guide | Winter 2013
High Performance
Products and Services
OCTG
Premium Connections
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Line Pipe
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Tenaris provides field service support in the

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Integrated Solutions for Unconventional Applications.

Tenaris understands that every shale play is different
Baltic Basin
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|5
27-28 November 2013

EXPO XXI Warsaw
Our clients
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.
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.
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.
Hays is the worlds 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 teamis 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.
The 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.
polandshalecoalition@cleantechpoland.com
SSW Law Firm provides legal services to oil & gas and
mining entities, concerning all aspects of their
operations. SSWs 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.
P
Conf
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
setsfor various applications, customized manifolds,
pipes and fittings, according to specific well
site arrangements.
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.
For contact information please visit the directory from page 72
Creating Solutions for Shale gas Operations

Veolia Water Solutions & Technologies helps Shale Gas
producers to reduce water and waste management
costs and minimize environmental risks. Veolia has
a wide variety of flexible and proven processes and
technologies available for pretreatment and treatment
of flowback, produced water and formation water.
These technologies focus on waste reduction, water
recycle and reuse, and ZLD (Zero Liquid Discharge).
Experience in USA and 20 years in Poland.
Premium
ference Floor
39
15
14
12
13
PAVILION
11
10
3
2
16
26
27
17
28
29
18
32
24
30
23
31
57
36
20
42
35
22
41
43
39
34
25
19
40
33
44
37
Networking
Seminar Conference Floor

Info Point
Area
56
55
21
Catering
45
38
48
47a
47
46a
46
53
52
49
50
54
Shale Cinema
51
|7
opinion
By wojciech kosc
Longing for
the Ukrainian Steppe

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.
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 foreign 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 Polands ambitions
to attract Ukraine closer to the European Union.
What Ukraine has is theirs to have.
The arrest of Yulia Tymoshenko, the former
prime minister, over alleged
shenanigans in gas deals,
has soured the countrys
relationships with the European Union. Former Polish president Aleksander
Kwaniewski is on a mission
in Ukraine to help solve the
Timoshenko controversy:
get her out of jail to an EU
hospital in return for fasttracking the process of integration of Ukraine
with the European Union, of which Poland is
Ukraines most vocal ally.
Its ironic that Tymoshenkos release is being
championed by the EU, who seems to desire
closer Ukrainian integration, given Tymoshenko was jailed for allegedly doing the opposite:
moving the country closer to Russia through
gas deals.
The Ukrainian
president wants
the country self
sufficient for
gas and maybe
an exporter.
Since she was jailed, Ukraine has decided to

go ahead and sign a trade and political association 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 didnt 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 financial catastrophe if the agreement goes ahead.
On top of getting closer with the EU, the
Ukrainian government in 2013 signed two energy deals - reported to be worth USD 10 billion
each - for unconventional hydrocarbon exploration with majors Royal Dutch Shell and Chevron. The Ukrainian president publicly expressed
hope that once and if shale gas does from Ukrainian deposits - estimated to hold close to three
trillion cubic meters of gas, one of the largest
potentials in Europe - Ukraine will be self sufficient for gas and maybe even an exporter.
Polish diplomats in Kiev have surely been
reporting to Warsaw about these recent developments. As situation in Ukraine is unfolding
much to the favor of Polands geopolitical strategy of pulling Kiev to the West in the tug-of-war
with Russia, the irony is that it owes in part to
Ukraines 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.
investment
LETTER
Shale Gas
Open
Guide
For
editor in chief
Wojciech Kosc
Business
Publisher
Parker Snyder
art directOR
jacek kultys
Graphic designer
Ola Forys
Analyst
tobiasz adamczewski
Key accountS
MAJA SOBIESZCZAK
WRITERS
marek kilia
grzegorz kuS
pawe poprawa
marcin smietana
Dear Colleague,
In 2013, Ukraine jumped onto the shale map. Two events of significance
happened:
PHOTOGRAPHY
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.
Published by
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.
iStockphoto.com
Photogenica
photopin
krzysztof M. Ratschka
Shutterstock
Szymon SzczesNIAK
Cleantech Poland LLC

Ul. KRUCZA 51/31
00-022 Warsaw, Poland
Editorial contact
Wojciech@CleantechPoland.com
(+48) 602 458 099
Advertising contact
PARKER@CleantechPoland.com
(+48) 517 469 881
General requests
info@CleantechPoland.com
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 governments rules.
Kind Regards,
printeR
Drukarnia Beltrani
|9
Contents
26
OPERATIONS UPDATE: Everyone seems headed to ukraine
p/8
Op-ED
Longing for the Ukrainian
STEPPE
p/9
LEtter
from the PUBLISHER
p/12
Publication
Partners
p/15
INDICATORS
Wells to date
Market overview
Analysts comment
Commodities pricing
Share prices
CO N T E N T S
34
p/20
TRENDING
p/2 6
OPERATIONS
UPDATE
p/32
TAXATION
OF SHALE IN
EUROPE
p/3 4
POLANDS GEOLOGY
We know more now
GEOLOGICAL OVERVIEW BY PAWE POPRAWA
p/38
EU PROPOSES
new EIA regime
p/4 0
FACES
p/5 1
WHOS WHO
POLAND
UK
GERMANY
p/72
Services directory
p/100
Unconventional
HYDROCARBON
LICENSING
IN THE EU-27
Data set
40

p/112
Pictorial
Launch party
*Advertorial
| 11
Partners
To become a partner for the magazine,

please contact the publisher
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 Warsaw
www.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
info@cleantechpoland.com
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. Zota 59, 00-120 Warsaw
info@dtz.pl
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
PolandShaleCoalition@cleantechpoland.com
PwC
PwC 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 Warsaw
www.pwc.pl
SSW
SSW 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 governments royalty proposal.
Rondo ONZ 1, 00-124 Warsaw
www.ssw.pl
www.pwc.pl
PwC
Your trusted oil & gas
and chemical advisor
For years, we support our clients with knowledge and market experience by providing
business advisory, tax and legal advisory, audit and accounting consultancy.
We are happy to talk with you about the needs of your business.
Business Advisory
Tax and Legal Advisory
Wojciech Sowiski Partner

phone: +48 502 184 420
wojciech.slowinski@pl.pwc.com
Tomasz Baraczyk Partner

phone: +48 502 184 852
tomasz.baranczyk@pl.pwc.com
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.
| 13
Shale Gas
investment
Guide
Country
HU
PL
PT
# of companies
# of licenses
# of wells
5
10
7
27
106
51
RO
3
8
1
SK
SI
ES
UK
10
21
-
6
8
-
2
1
1
28
46
-
61
188
4
I nd I ca t o r s
w e l l s t o d at e
a n a ly s t ' s V IE W
active EU - 27 countries
HU
PL
PT
# of companies
# of licenses
# of wells
5
10
7
27
106
51
RO
3
8
1
SK
SI
ES
UK
10
21
-
6
8
-
2
1
1
28
46
-
61
188
4
source: Cleantech Poland
unconventional oil and gas
Country
(HU) Hungary, (PL) Poland, (PT) Portugal, (RO) Romania, (SK) Slovakia, (SI) Slovenia, (ES) Spain, (UK) United Kingdom
Company
PGNiG
Lubocino - 1, Lubycza Krlewska - 1, Markowola -1,

Lubocino - 2H, Opalino - 2, Wysin -1, Kochanowo-1, Borcz -1
ExxonMobil
Krupe - 1, Siennica - 1**
BNK/LNG/RG/SR
Wytowno S - 1, Lbork S - 1, Starogard S - 1
3Legs Resources
gowo LE - 1
Chevron
Grabowiec - 6, Frampol - 1, Zwierzyniec -1, Kranik -1
Orlen Upstream
Syczyn - OU1, Berejw - OU1, Syczyn OU2K, Godzik-OU1,

Berejw - OU2K, Strczyn-OU1, Ucimw-OU1, Dobryniw OU1
Marathon Oil
ORZ Cycw - 01, SIE - Domanice - 01, RYP - Lutocin - 01,

KWI - Prabuty - 1, BRO - NM Lubawskie - 01, SOK - Grbkw - 01
Eni
Bgard - 1, Stare Miasto - 1, Kamionka - 1
San Leon
Siciny - 2, Belvedere - 1**, Chopin - 1**, Lelechw SL - 1,

Czasaw SL - 1, Lewino - 1, Szymkowo - 1, Rogity - 1
BNK
Gapowo B - 1, Miszewo T - 1
Wisent Oil&Gas
Rodele - 1, Babiak - 1
Cuadrilla
Preese Hall 1, Grange Hill 1Z,

Becconsall 1Z, Annas Road 1
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 imposed (FR, BG, CZ, LX), while others are
either waiting for special reports (IE, NL)
or have regional bans (North RhineWestphalia in Germany, Cantabria in
Spain). Italy and Finland are not interested in exploring shale, while Austria and
Denmark imposed such strict environmental 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.
UK
POLAND
CP/3Legs Res.
ebie LE - 1, Warblino - 1H, ebie LE - 2H,

Strzeszewo LE - 1
* Overall ** On a relinquished concession
Tobiasz Adamczewski
F ORMER A n a l y s t , CT P
Between environmental concerns,
Well Names
OA*
-1-
Gdask
Olsztyn
new since May 2013
Szczecin
Source: Ministry of Environment as of Aug 2013, Cleantech Poland Research, DECC as of Aug 2013
Bydgoszcz
Pozna
MARKET O V ER V IE W
WARSZAWA
In Poland
change over time
Lublin
Change over time
Rigs
in Poland
PP*
(HHP)
November 2013
31
100,000
51
22
12
August 2013
30
180,000
48
20
11
Wells
to date
Wells
Wells
stimulated ** horizontal ***
source: ministry of environment based on

self-reporting, Cleantech Poland research
Wrocaw
Katowice
Rzeszw
Krakw
Blackpool
Preston
* Pressure pumping capacity in hydraulic horsepower

** Including DFIT
*** Including directional drilling
Blackburn
| 15
Shale Gas
investment
Guide
I nd I ca t o r s
price of gas
Sh a r e P r i c e s
EUR/MWh
NCG Spot
40.50
37.50
30.00
26.90
25.76
115.67
Sep
Nov
Jan
The price discrepancy between US and EU gas remains

very high. For the price of one
MWh of cheap US gas, we would
only get a third of that in Europe.
price of oil
Mar
Jul
Source (August 6, 2013)
EUR/MWh
Henry Hub, US
8.60
NetConnect, Germany
25.76
Light Sweet Crude Oil (WTI) Futures

Brent Crude Oil Last Day Financial Futures
weekly average
$ usd / barrel
116
May
Source: EEX, EIA
22.50
112.50
107.94
105.35
100
Source: nymex
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 countrys energy strategy. As many as
18 new gas-fired power plants are undergoing permitting procedures or are under
construction now.
Currently there is 934 MWe (electric)
of installed gas-fired power capacity, primarily owned by Polands gas utility PGNiG. Before these new capacity goes online, 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 investment will be needed in Polands gas transmission and distribution systems. GazSystem, the countrys gas transmission
system operator, has planned for the construction 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
winoujcie 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 consumptions increase by 50 percent.
High methane gas
84
Sep
Nov
Jan
Mar
May
Jul
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.
P RICE O F c o a l
104
steam coal futures
Rotterdam Coal
Central Appalachain Coal
$ usd / tonne
94.00
75.65
77
50
58.94
Sep
Nov
Jan
Mar
May
Jul
Since the early 2011 peak price of approx. 150 USD/tonne for Central Appalachian 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.
selected independents
operating in Poland and the UK
Company
Ticker
Currency
share price
3LEG Resources
BNK Petroleum
Dart Energy
LNG Resources
San Leon Energy
AJ Lucas Group
(3LEG:LN)
(BKX:CN)
(DTE:AU)
(LNG.V)
(SLE:LN)
(AJL:AU)
GBP (p)
$CAD
$AUD
$CAD
GBP
$AUD
25.3
1.53
0.12
0.01
4.05
1.25
Source: London Stock Exchange, Toronto Stock Exchange, Australian Securities Exchange
16| |Shale Gas Investment guide | Summer 2013

Shale Gas Investment guide | Winter 2013
Nov 18, 2013
% Change
% Change
% Change
-0.02
-17.7
0
0
-6.9
-29.6
-35.3
183
-7.7
-75
-52.3
35.4
-65.2
-15.9
-77.8
-93.3
-71.1
-26.67
(in one month)
(in one year)
(in two years)
Source: nymex, ICE
a n a ly s t ' s V IE W
-2-
Shale Gas
investment
Guide
I nd I ca t o r s
expert guest
c o u n t r y s tat s
SGIG asked Mariusz Caliski, President of

DUON, a company with a dynamically
growing gas trading portfolio, what the
impact of liberalizing the Polish gas market will have on the upstream sector.
shale gas potential (bcm)

New estimates from the Polish Geological Institute are expected earliest in
2014. Jerzy Nawrocki, PGIs Director,
needs a larger volume of core samples
and seismic data to come up with
a more precise estimate than the 2012
figures.
5
29
5,
0
92
1,
68
-7
6
34
6,000
4,000
Mariusz CaliNski
p r e s i d e n t o f D U ON
Source: pse operator
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 renovated or shut down (up to 6,6 GW by
2020), replacing them will be crucial. Without cheap gas and RES support Poland will
need to import more energy in the near future from neighbouring countries.
55.66%
Anthracite
Gas
Lignite
Renewable
Hydro
Industrial
natural gas consumption forecasts (bcm per year)

21
20.2
18
17
Source: ministry of economy
16
15
14
Source: ministry of economy
20
19
72%
28%
2.67%
1.55%
1.74%
5.52%
32.87%
Gas import
4.4 (BCM)
PGI, March 2012-high probability

PGI, March 2012-max
EIA, April 2011
power generation by source
gas consumption in 2012
Gas production
Source: EIA, PGI
2,000
The liberalization of Polish

gas should lead to the de-monopolization of the market and emergence of
many, alternative to PGNiG, gas suppliers. 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 market along with the ability to trade on the
commodities exchange are main elements of transparency and competitiveness, 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 existing domestic consumers, who are awaiting market-based gas prices.
A liquid wholesale market should in
a short period of time lead to the correlation of Polish gas prices to those
observed at European gas hubs (Gaspool, NCG, TTF, NBP).
11.4 (BCM)
-3-
17.1
14.5
2006
2010
2015
2020
2025
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.
2030
| 17
| 19
t r e nd i ng
Aug 22/13
Market briefly
LIKES ebieN gas flow
CLEANTECH POLAND
Polands shale gas market becomes positively

alert after ConocoPhillips/3Legs Resources announce
sustained and unassisted flow of gas from ebie LE2H horizontal well on their Lbork concession.
I spent 20 million and all I got was this flame?
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 companys 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 substantial gas volumes. 3Legs Resources seeks to monetise
its assets in eastern Baltic Basin.
@3legsresources.com
Aug 6/13
Polish prosecutors charge
seven with bribery
@afp.com
Aug 23/13
Aug 20/13
Two Ukraine regions reject

central governments
agreement with Chevron
@reuters.com
Aug 27/13
Aspect Energy acquires

22.5 percent interest in
San Leons Cybinka and
Torzym concessions
Dutch Ministry of
Economic Affairs:
low methane
pollution risk
from shale
@sanleonenergy.com
@rijksoverheid.nl
Lithuania 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 regulatory and legislative nature. The 1,800 square kilometer 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
CREATIVE COMMONS
Sep 3/13
Chevron comes and
leaves Lithuania
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 fracturing in France, first imposed by the right wing Sarkozy 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 network in Europe. The company together with its Algerian partner, Sonatrach, also signed a contract with
Spanish Tecnicas Reunidas aimed at development of
natural gas field in Touat, southwest Algeria.
@bloomberg.com
trending
Aug 30/13
GDF Suez to roll out
shale program
3LEGS REsources
Shame to leave, its such a pretty country
The French utility gets in on the game
it turned out - made an upfront commitment of spending 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 Chevrons withdrawal, the government
is now working on a new bid to attract investment.
Aug 29/13
Protesters from Lithuania address
Russia and Belarus presidents to
support anti-shale case
Aug 28/13
JKX 10 stage frac in

tight-gas well in Ukraine
@naturalgaseurope.com
@baltic-course.com
Sep 10/13
Protesters get evicted
from Cuadrilla shale site
@bbc.co.uk, frack-off.org.uk
Sep 14/13
Shell and Ukraine finalize

USD10 bn agreement
@kmu.gov.ua
| 21
t r e nd i ng
Sept 20/13
Chevron USD 10 billion
DEAL IN Ukraine
Polish natural gas company PGNiG announced

plans to carry out, in collaboration with AGH University of Technology and Oil and Gas Institute, a research
By agreeing to a government draft for a productionsharing agreement with the US-based energy company 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 environmental 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 Yuzivska gas play, signing a $10 billion contract with
KRZYSZTOF RATSCHKA
Sept 19/13
PGNiG wonders why
they are not sucessful
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 sufficient amounts of gas as well as explain why theres
been no success so far in any of the PGNiGs concessions.
PGNiGs acting CEO, Jerzy Kurella, told Rzeczpospolita 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 work.
@rp.pl
Sept 16/13
Sept 23/13
Dutch government postpones

decision on allowing shale drilling
West and east find a way to meet
Royal Dutch Shell, pre-announced by the Ukrainian

president Viktor Yanukovych at the World Economic
Forum in Davos in January.
@reuters.com
Sept 25/13
San Leon Energy registers

highest pump rate outside US
@sanleonenergy.com
reuters
A tender to ask questions of oneself
Ukrainian PM
predicts future shale
gas retail price:
Sept 25/13
$200/1,000 cm
Turkey starts
fracking in
the southeast
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 hydraulic fracturing in Ukraine, currently Europes most active
country in terms of shale gas exploration.
Chevron obtains building permit for first

shale gas exploration borehole on location in Pungesti, 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 companys activity has met a lot of opposition 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 area.
KIEV POSt
Oct 08/13
Local authorities
THWART shale in Romania
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 administrations assistance in
laboratory research and examination of environmental issues of the acreage in question.
REUTERS
It gets cold in Kiev in the winter
They dont want them either
Oct 07/13
Oct 11/13
Peter Voser, outgoing Shell

CEO, regrets the companys
huge bet on US shale
French Court decides fracking ban is compliant with

Constitution
Sept 25/13
San Leon seeks financing

by investing in Turkey and
selling $50m shares
@ft.com
Oct 09/13
European Parliament votes in favor of

mandatory EIA for all unconventional
drilling activities in the EU
| 23
trending
Oct 04/13
ENI PLANS UKRAINE
VENTURE in 2014
t r e nd i ng
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 licenses in recent months.
Their limit their actions to minimal requirements arising from the licenses. Deputy Minister of Environment,
Piotr Woniak 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 consider 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
Chevron files lawsuit against Polish shale gas

protesters who occupied companys shale development
site in the village of urawiw preventing the US major
from drilling. It is located 80 km southeast of the re-
Lets talk about shale some more
SZYMON SZCZEESNIAK
Nov 09/13
Chevron battles local
opposition in court
MINISTRY OF ENVIRONMENT
Oct 15/13
Row erupts over slow
shale drilling in Poland
At least the lawyers are busy
gional capital, Lublin and belongs to one of four exploration concessions in the companys total acreage.
The protesters argued that Chevron should not proceed with the activities affecting birds habitats during
breeding season. Chevron claimed the protesters violated the companys 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 chairman of the Polish Exploration and Production Industry
Organization (OPPPW), Kamlesh Parmar expressed
his concerns that Polands shale gas program was progressing too slowly.
Oct 19/13
Oct 22/13
Global Frackdown event

held worldwide to
protest against fracking
GDF Suez buys 25

pc stake in 13 UK
Dart Energy licenses
Oct 21/13
@platts.com
Nov 14/13
Shale gas operators to face

robust legislative package by
the EC in early 2014
PKN Orlen acquires

100 percent interest
in Canadian TriOil
@euractiv.com
@orlen.pl
advertorial
From its new Polish branch,

BakerCorp provides temporary
containment solutions for liquid storage.
Micha Koprowski, Branch Manager,
will be at Terrapinn to show the rental
tanks to the market.
Micha Koprowski
Oilfield Liquid Storage

M
icha, 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 BakerCorps 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 onsite storage of acids, caustics and

chemicals. With our mobile tank rental
concept we can create almost any
required storage volume.
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.
Poland has drilled about 50 shale

and tight gas wells. What level of
growth does your team expect?
What do you want your clients to

learn from seeing the tanks on the
trade show floor?
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
Polands unconventional oil and gas
potential. Polands commercial
potential depends on the evaluation of
core samples and reser voir
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 odz.
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!
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
Whats something personal that your

clients may know know about you?
I am a cook - although not the best in
the world - and I cant 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:
mkoprowski@bakercorp.com
| 25
SHUTTERSTOCK
Two USD10bn
shale gas deals in
one year, Ukraine
is catching up
operations
O P ERA T ION S U P DA T E
Ecstasy
to Agony
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.
By W o j c i e c h Ko a n d Pa r k e r S nyd e r
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

ebien LE-2H well, which flowed at 2
million mcf per day aided by nitrogen
but fizzled after just 24 hours.
The exploration activities that followed in the Baltic basin were a series
of partly failed attempts, hampered by
the demands of bureaucrats who require legions of documentation to
make minor changes. Marathon, Talisman and Exxon called it quits. The Italy based ENI is pulling out. Officially,
the only two IOCs who remain are
Chevron and ConocoPhillips, both of
whom state publicly they are committed to exploring the basin. But in private conversations with individuals
who are familiar with their plans, even
these two companies are considering
changes.
| 27
ISTOCK
WHAT WENT WRONG?

In general, a brash western optimism
was easily stymied by Polish reality. The
shales arent 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 cumbersome. And the legal right to commercialization is murky. Well records have
been scanned and returned to dusty
shelves so many times the paper is
wearing thin. Yet, theres 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 hasnt
even been baked. The proposed royalty and fiscal regime seems favorable
compared to other countries: 20% royalties, 19% income taxes, and a statesponsored participation capped at 5%.
But operators still continue to voice
opposition to the proposal. At a recent
OPPPW meeting in Gdask, deputy
geologist Piotr Woniak maintained
that everything was moving along
nicely, while operators in attendance
were privately fuming that the circus
act was falling apart. In previous meetings, minister Woniak 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, operations director for San Leon Energy who
was one of the first to move to Poland,
went back to Colorado to develop oilfield acreage outside Denver. Bill
Marble, another American who signed
on in 2011 to develop Silurian Hallwood (now Wisent Oil and Gas) has
In general, brash Western optimism was

easily stymied by Polish reality.
moved back to Texas. Other veterans
have come and gone, including Doug
Bentley, country manager for Schlumberger in Poland. Hes been replaced by
Frank Thompson - and Mark Swift,
formerly the country manager for Halliburton in Poland - was replaced by
Herve Biscay.
Investors who took a short term view
of Polish shale have been dismissed,
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-
operations
Gdask
Kamminke
Tietierowka
Lwwek
Pozna
Warszawa
Wysokoje
Gubin
Lasw reverse
Wrocaw
Tarnw
wierklany
Branice
Drozdowicze
Hermanowice
Cieszyn reverse
pol ands gas lines

Once and if gas from shales flows,
it will rely on Polands gas transmission
infrastructure to reach the market effectively. The systems 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.
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 theres 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.
Import
Branch headquarters
Transmission
Concession acreage
Conventional gas
High-methane gas pipelines
Shale gas only

flow site to date
1000 mm
500 -700 mm
100 - 300 mm
UKRAINE, ROMANIA, LITHUANIA

Couple years ago, the bulk of the possible shale gas exploration was expected 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 countries lagged behind, even if their shale
gas potential was big, like in Ukraine.
Potential shale
gas plays
High-nitrogen gas pipelines
1000 mm
500 -700 mm
100 - 300 mm
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 hydrocarbons in two western Ukrainian
regions. They hold an estimated 2.98tn
cubic metres of gas reserves, one of the
largest in Europe.
| 29
Ukraine is one of the few European

countries to be pressing ahead with
significant shale gas development
to frackings 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 November.
In Romania, fracking is a contentious
issue as well. Chevron decided to give
up exploration in Vaslui County in
aftermath of local protests. Its continuing with exploration elsewhere, amidst
uncertain regulatory and political environment.
According to the Romanian ministry
of environment, extracting gas from
shales is potentially beneficial for a
country thats 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.
UK
Apart 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 governments favorable approach to the industry via a proposal for tax breaks unveiled in early 2013, have been attracting deals. In late October, for example,
Frances GDF Suez invested USD39
million for a 25 percent interest in 13
licences in Cheshire and the East Midlands. The agreement includes a $12
million cash payment to Australias
Dart Energy and the funding of a joint
unconventional exploration and ap-
PHOTOGENICA
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 complete self-sufficiency for gas and, perhaps, even a gas exporter. Such development 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 development, which has been held up elsewhere 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 development is in limbo after Chevron resigned
from activity in the country, citing challenges of regulatory and legislative
nature. Chevron quit its shale gas exploration 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 Constitutional Tribunal to look whether allowing radioactive residues that fracking
could leave behind underground is in
line with the Lithuanian Constitution.
Lithuanian Constitution clearly
states that polluting environment and
earths depths is prohibited. According
to the law amendments that the Lithuanian 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 environment for shale gas development
in Britain may be as hostile as elsewhere in Europe.
Its also estimated that production of
shale gas could create fewer jobs than
the government previously projected:
just 24,000 jobs against the Prime Ministers David Camerons figure of 74,000
that he cited in August. Finally, a report
operations
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 27
How 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 exploration wells for unconventional oil and
gas have been drilled. GDF Suez farmed
into UK acreage, hoping to get a jumpstart on other utilities who would like
to book shale reserves on their balance
sheet. Coal bed methane exploration
proceeds in Germany. Tight gas exploration 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 America, where protests tend to be vitriolic
but manageable because industry appears more willing to engage the public, 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. Its
too bad, because as fracking gets all the
bad press, there are immediate concerns that go unaddressed (noise, emissions and on-site safety), which distracts from the more important question: what role can shale gas play in
Polands transition to a low carbon
economy?
| 31
E U S HALE S
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 , Att o r n e y a n d M a r e k K i l i a n , C o n su l t a n t , P wC
The European shale gas

revolution may not proceed as fast
as investors might like, as the authorities of the European Union consider 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 RABBITS
US experience shows that incentives
from government are crucial for the
development of the shale gas industry.
There are two main reasons determining the importance of a governments
support. The first reason is the high
capital requirements of shale gas activities compared to conventional
natural gas resources. The second reason 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 possibilities to recover from losses, due to
a lack of saleable assets. In this light,
the role of a cooperating national government 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 WELCOME
With 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 criticized by the shale gas industry for failing 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. Recently a state-owned Ukrainian company 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 industry regulations.
SIGN: YOU BELONG
Elsewhere across Europe, we see a decrease 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 announced in July could provide a reduction 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 communities 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-
Taxation
S h a l e g a s e x p lo r at i o n i n Eu r o p e
Netherlands
Dutch govt.
imposes temporary
18-month ban
for fracking
Germany
ban for fracking
considered
Poland
Draft law
for hydrocarbons
expl. and production
annoucement
Lithuania
Chevron
retreats from
a tender for an
exploration
license
Ukraine
Shell, Chevron, ENI
expect to start shale
exploration in Summer14
UK
Tax incentives proposed
by the UK government
in July 2013
EU
European Parliament
votes for mandatory
Env. Impact Assessment
Bans/Moratoria for fracking

Extraction allowed
France
maintains
interdiction
for fracking
Extraction allowed
and permits issued
Olores enducima necerferes

nobissitiis maiorehent. Ped ma apiciisque nonsectiur audae ius modit
inctem que dit pel et ersperae doluptiunt, consequi
Romania
Chevron
halts shale gas
exploraiton after
local protests
Bulgaria
bans fracking
Turkey
New investor
friendly
oil and gas law
The Ukrainian example shows that dialogue with investors

is more attractive than proceeding right away with
significant changes to industry regulations
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 Turkiye Petrolleri A.O. and Shell was
signed in February 2013 and two Canadian-based companies are exploring
shale gas in the Dyiarbakir area. Turkey
seems to be an example of how a country can combine regulation with an

environment thats friendly to investors.
THE WAY IT IS
It 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 country 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 Polands experience: theres
a lesson to be learned for any country
interested in extracting shale gas: introduce simple incentives and reward
explorers by mitigating risk.
| 33
GEOLOGY
USD 1 Billion
versus
the Rocks
The recent history of unconventional oil and gas exploration in Poland began in 2005, when
the first American companies entered
the country, lured in by promising
estimates of unconventional hydrocarbon reserves from the US Energy Information 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 southeastern Poland. The US experience in
exploitation of shale reservoirs from
the first decade of the 21st century soon
whetted the appetites of Polish explorers as well.
Several major companies entered the
country, amid strong supportive political rhetoric from the government,
and reports indicating the presence of
considerable shale gas resources in
Even if drilling in Poland isnt up to speed at all, data from new

wells has delivered a wealth of new information about the
geology of unconventionals. Heres the basic conclusion: its
not as good as many dreamed a few years ago.
By Paw e P o p r awa
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 RUSH
A 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 quality 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 majority of these wells are vertical ones and
virtually no fracturing has taken place.
Geology
One of the main exploration risk factors is

relatively low average TOC contents of the
shale reservoir.
PHOTOGENICA
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 border with Ukraine, it was the Wenlock
shale that was regarded as the main
component of potential reservoir.
Companies were able to carry out

multi-stage fracturing without significant technical problems and with
proper production tests on only two
wells: ebie 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 uncertainties, partly related to complete
lack of some key information about the
reservoir, such as porosity, permeability, mineralogy, gas/oil saturation, or
pressure.
Now its clear that the Lower Paleozoic shale is not a uniform reservoir. In
the Pomerania region to the west of
Gdask, the Upper Ordovician and the
Upper Cambrian to Lower Tremadocian shale was regarded as the main
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 example, the Upper Cambrian Alum
shale is getting more attention in the
NW Baltic Basin, while the Lower
Llandovery shale appeared surprisingly rich in total organic content
(TOC) in some locations in the Eastern
Baltic Basin, and additionally the Caradoc 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 hydrocarbon 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 basins potential, which previously 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 hydrocarbon products available for production 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 attractive 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 appears in a broad zone particularly in
the Western Baltic Basin. Unfortunately, high burial depth there increases drilling costs. Nonetheless, an interesting observation claimed by BNK
Petroleum is the possible local presence
of gas overpressures, which might allow
for higher rates of gas production, potentially 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-
| 35
Drilling Independets
EX P LORAT ION W ELL S , P OLAND
Drilling (completed)
Drilling (ongoing)
Drilling (planned)
Rodele-1
Babiak-1
Wisent Oil & Gas

Lewino-1
Talisman & San Leon

San Leon
Rogity-1
Szymkowo-1
Siciny-2
Lubocino-1
Lubycza Krlewska-1
Lubocino-2H
Opalino-2
Suczyn OU-1
Berejw OU-1
Orlen Upstream
Wysin-1
Kochanowo-1
Borcz-1
Lubocino-3H
Wojcieszkw-1
Kociaszyn-1
Opalino-3
Opalino-4
PGNiG
Gozdzik OU-1
Syczyn OU-2K
Berejw OU-2K
Strczyn OU-1
Ucimw OU-1
Dobryniw OU-1
ORZ Cycw-01
Marathon
SIE Domanice-01
RYP Lutocin-01
KWI Prabuty-1
BRO NM Lubawskie-01
SOK Grbkw-01
Krupe-1
ExxonMobil
Siennice-1
Bgard-1
ENI
Kamionka-1
Stare Miasto-1
Lebie LE-1
Conoco Phillips
& Lane
gowo LE-1
Warblino 1-H
ebie LE-2H
Grabowiec-6
Chevron
Wytowno S-1
BNK Petroleum
2010
Lbork S-1
Starogard S-1
Strzeszewo LE-1
Frampol-1
Lublewo LEP-1
Sawoszyno LEP-1
Jackowo LEP-1
Zwierzyniec-1
Kranik-1
Zwierzyniec-2
Miszewo T-1
Gapowo B-1
2011
2012
2013
The chart above, shows the wells drilled to date by companies at work in Polands 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. Pastw. Inst. Geol., 186: 253-270. Klimuszko E., 2002. Silurian sediments of the South-eastern Poland as a potential
source rock for Devonian oil. Biul. Pastw. 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 exploration in the Lower Paleozoic and other shale source rocks in Poland. Unpublished Report, Ministry of Environment, 1-21.
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 reservoir is currently of crucial importance for the localization of potential
sweet spots.
UNDERSTAND FRACS
EFFICIENCY
The new data obtained from laboratory core analysis indicates, unsurprisingly, the high significance of shale
mineralogy and geomechanical properties for understanding fracturing efficiency. The Lower Paleozoic shale appeared to be highly variable with this
respect. In some zones, siliceous shale

was documented (for example the
Caradoc in the eba Elevation), while
brittleness of Silurian shale is commonly 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 understanding of the basins potential. Commonly
Drilling (completed)
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 ebien and
Syczyn are rather disappointing: 11 to
8 Mcm/d in the well located the eba
Elevation means production is not
commercial under current economic
conditions.
Vertical well fracturing, even if less
informative, has also lead to performance 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 matrix and natural fracture grid.
Drilling (ongoing)
Drilling (planned)
PHOTOGENICA
Geology
COOLED DOWN
Some 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 learning 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 between 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
Completion of the
exploration phase,
with one lateral
well tested on each
of 100 concession
blocks, would
require investment
of USD1 billion
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 exploration activity of majors and independents 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 discussed 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.
*Pawe Poprawa is a geologist with a
focus on unconventional hydrocarbons.
He works the AGH Technical University in Krakw and at Energy Studies
Institute in Warsaw.
| 37
EN V IRON M EN T AL REG U LA T ION S
Collision
Course
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 OJCIECH K O
Foreign shale gas operators

have made it a habit to criticize the
effect Polands regulations are having on their exploration programs.
They allege the red tape in combination
with an unclear regulatory and taxation
regime is prohibitive for shale operations. The tax is expected to be too big
a weight on future revenue, and the
proposed state owned operator, NOKE,
doesnt sit well with foreign owned oil
and gas companies.
But if theres anything that shale gas
explorers in Poland are pleased about
in terms of regulatory regime, its the
relaxed procedure for environmental
impact assessment (EIA). In short, the
EIA is mandatory if a project is listed
on the governments 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 Commissions direc38 | Shale Gas Investment guide | Winter 2013
tive on EIAs, which is currently undergoing a revision process in the European Union law making bodies, the
European Parliament and the Commission itself.
SIMPLE BUT SIGNIFICANT
The EUs 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 projects, regardless if theyre exploration,
evaluation or production to the category of projects where an EIA procedure 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 regime. The 5,000-meter cap will do the
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 currently 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 speculation that the new EIA rules, to which
Poland will have to conform eventually, may spell the end of Polands brief
affair with shale gas.
A PROPOSAL TOO FAR
According to the Polish ministry of
environment, which is in charge of
transposing and implementing EIA
regulations, the EU is proposing goes
ISTOCK
Environment
much too far. According to the ministry, the EU is aiming to put bigger
environmental restrictions on unconventional 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 government banned operations to find itself
in court with a regional administration.
In France, theres a blanket ban on
fracking and one is likely on the cards
from the newly elected German government.
Poland, however, is standing firmly
on the position that a successful take
off of shale gas production, which the
deputy ministry of environment Piotr
Woniak said would happen in 2016,
is necessary for the Polish economy.
This would be for a number of reasons,
The changes currently proposed by the EU

might have the industry either speed up
exploration or give up on Poland altogether.
according to Mr. Woniak including a

bigger energy security in a country
largely relying on gas import from Russia, or as a means to move the entire
energy sector away from a near complete dependence on coal. For geopolitical 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 currently 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 interpretation of the EIA will slow up exploration in Poland remains to be seen.
| 39
ADAM SOCHACZEWSKI (1969 2013)

The Shale Gas Investment Guide pays its
respects to the late Adam Sochaczewski,
teacher, geologist, and board member
of Gas Plus International.
Faces
Faces
PEOPLE
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.
By SZYMON SZCZENIAK
Kris
Bogusaw
| 41
dorota
piotr
Faces
Jerzy
| 43
jerzy
Faces
kamlesh
andrzej
nick
marcin
| 45
piotr
marian
Faces
jose
| 47
oisin
Faces
Adam Sochaczewski
Formerly GAS PLUS
kris white
United oilfield services
bogusaw sonik
european parliament
dorota flint
DBM Services
piotr spaczyski
ssw LAW FIRM
Jerzy Buzek
european parliament
jerzy nawrocki
PL. GEOLOGICAL Inst.
kamlesh parmar
3legs resources
andrzej bk
protester
nick grealy
nohotair.com
marcin korolec
min. of environment
piotr woniak
chief geologist
marian cichosz
objector
jose bove
european parliament
oisin fanning
san leon energy
| 49
Readers can save 10% on their place by simply quoting CT1 when registering
4th Annual
www.eug-summit.com
Pan-European
speakers include:
Aligning European stakeholders to promote

the commercialisation of shale gas in Europe
Mr. Maciej Grabowski,

Undersecretary of State
Ministry of Finance,
State Ministry of
Finance, Poland
Andrew Moorfield,
Head of Energy EMEA,
Scotiabank Global
Banking and Markets,
UK
Michael Gessner,
Director,
Ministry of Economy
and Energy North Rhine
Westphalia, Germany
Mine Artug,
Permitting and
Environmental
Manager,
OMV, Turkey
Francis Egan,
Chief Executive Officer,
Cuadrilla Resources,
UK
Joachim Pnnel,
Vice President,
Business Unit Germany,
Wintershall, Germany
Dr. Coskun Namoglu,

Deputy Director of
Exploration Department,
TPAO, Turkey
Dr Lazzez Marzouk,
Geologist, Exploration
Department,
Tunisian Oil Company
(ETAP), Tunisia
Co-located with, from 28 - 30 January 2014, Vienna, Austria
Uniting the commercial and

political worlds of natural gas
www.europeangas-conference.com
Speakers include:
Hans-Peter Floren
Member of the Executive
Board - Responsible for
Gas & Power
OMV Aktiengesellschaft
Phil Murphy
Vice-President Corporate Policy
BG Group
Philippe Sauquet
President
Total Gas & Power
Marco Alver
Midstream - Senior
Executive Vice President
ENI
Charles Ellinas
CEO Cyprus Natural
Hydrocarbons Company
Representation of
Ministry of Energy,
Commerce, Industry,
and Tourism, Cyprus
Taner Yildiz
Energy and Natural
Resources Minister
Turkey
Rune Bjornson
Senior Vice President
Natural Gas
Statoil
Klaus-Dieter Borchardt
Director
DG - Energy - European
Commission
For more information contact Paul Edge

Paul Edge | Marketing Manager | +44 (0)207 384 8012 p.edge@theEnergyExchange.co.uk
w h o s w h o
who s who
Shale Gas
investment
Guide
WHOS
WHO
IN CONCESIONS/POLAND
operators
l
l
l
l
l
l
l
l
l
l
l
l
l
3Legs Resources
BNK Petroleum
CalEnergy
Chevron
CNOOC
ConocoPhillips
Cuadrilla Resources
Dart Energy
DPV Service
Eni
ExxonMobil
Hutton Energy
LNG Energy
p.52
p.52
p.53
p.53
p.54
p.54
p.55
p.55
p.56
p.56
p.57
p.57
p.58
l
l
l
l
l
l
l
l
l
l
l
l
l
LOTOS
Mac Oil
Marathon Oil
Mitsui
PKN Orlen
Petrolinvest
PGNiG
RAG
San Leon Energy
Sorgenia
Stena
Total
Wisent Oil & Gas
p.58
p.59
p.59
p.60
p.60
p.61
p.61
p.62
p.62
p.63
p.63
p.64
p.64
The Whos 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.)
| 51
Poland
CONTACT INFO
holding companies
board members
Kamlesh Parmar
CEO
Lane Energy Exploration

Lane Resources Poland
Kamlesh Parmar
Clive Needham
Paul Quirk
ul. Chmielna 13A

00-021 Warsaw
(+48) 22 505 91 77
www.3legsresources.com
concessions held
Name
Acreage Wells
(km2)
s ta k e i n
Concession Interest Concession
Name
(%)
Holder
Cedry Wielkie
Stegna
Godkowo
Glinica-Psary
Bytom-Gliwice
904
Damnica
Lbork
Karwia
1,038
809
625
30
ConocoPhillips
30
ConocoPhillips
30
RUSSIA
Gdask
584
concession area
ConocoPhillips
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Krakw
Katowice
Zone of interest
Concession area
Rzeszw
SLOVAKIA
comment: The 2013 exploration and appraisal programme agreed with ConocoPhillips and now under way, [includes]
a programme of testing of the Strzeszewo LE-1 vertical well, plus the drilling and testing of a further two or more vertical
wells on the Groups western Baltic Basin concessions. - 2012 Corporate Annual Report
CONTACT INFO
holding companies
board members
Troy Wagner
General Manager
Indiana Investments
Saponis Investments
Wolf Regener
Martin Robert
ul. Wiktorska 63
02-587 Warsaw
(+48) 22 540 17 50
www.bnkpetroleum.com
concessions held
Name
Starogard
Supsk
Sawno
Darowo
Bytw
Trzebielino
Acreage
(km2)
Wells
878
919
1,154
1,152
1,169
1,167
concession area
BNK is very excited

by its drilling results to
date and looks
forward to
accelerating its investments in Poland
Troy T. Wagner
General Manager
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: BNK is awaiting the environmental impact assessment and concession modification to drill a horizontal lateral out
of their Gapowo well on the Bytw concession. - April 2013 Corporate Overview
Poland
holding companies
board members
Peter Youngs
Managing Director
CalEnergy Resources Poland
Peter Youngs
Michael Sparks
Robert Youngs
Thomas Fielden
Al. Wilanowska 206 /19

02-765 Warsaw
(+48) 22 853 01 76
www.calenergy.com
s ta k e i n
Name
(%)
Holder
Gaz Pnoc
49%
Lotos
I am very pleased to
have completed this
transaction and looked
forward to working
closely with LOTOS to
develop the full potential of the assets
Peter Youngs
Managing Director
whos who
CONTACT INFO
concession area
Zone of interest
Concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Krakw
Katowice
Rzeszw
comment: Despite having farmed in to a concession in the shale gas potential zone, CalEnergy representatives informed the
Shale Gas Investment Guide of not being interested in exploring for unconventional resources. - Cleantech Poland
CONTACT INFO
holding companies
board members
John Claussen
Country Manager
Chevron Polska Energy

Resources
David Jones
Marian Sewerski
John Claussen
George Psefteas
Derek Magness
Aleja Wycigowa 6
02-681 Warsaw
(+48) 22 460 10 00
www.chevron.com
concession area
concessions held
Name
Acreage Wells
(km2)
Zwierzyniec
Kranik
Frampol
Grabowiec
824
1,194
1,178
1,195
RUSSIA
Gdask
Continued
exploration drilling is
planned for 2013
Supplement to the
Annual Report
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: The drilling of the first well in the Grabowiec concession was completed in March 2012, followed by a diagnostic
fracture integrity test conducted in December 2012. As of early 2013, the results of the well are under evaluation. A first well was
also drilled in the Frampol concession during 2012. Drilling of a well in the Zwierzyniec concession commenced in December 2012.
- Supplement to the 2012 Annual Report
| 53
Poland
CONTACT INFO
holding companies
board members
Jarosaw Raczyski
General Manager
Nexen Petroleum Poland
Lewis Harvey
Karen Burgess
Andrew Quarles Van Ufford
Jari Niemi
ul. Wiejska 17/5

00-480 Warsaw
(+1) 403 470 9184
www.nexeninc.com
s ta k e i n
Name
(%)
Holder
Kwidzy
Brodnica
Orzechw
Posk S
Rypin
Lidzbark
Ciechanw
Sokow Pod.
Siedlce
40
Marathon
40
Marathon
40
Marathon
40
Marathon
40
Marathon
40
Marathon
40
Marathon
40
Marathon
40
Marathon
The Company is
delighted to acquire
a leading international
platform through the
acquisition of Nexen
Wang Yilin,
Chairman of CNOOC
Limited
concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Krakw
Katowice
Zone of interest
Concession area
Rzeszw
SLOVAKIA
comment: We strongly believe that this acquisition is a good strategic fit for us and will create long-term value for
our shareholders.- Wang Yilin, Chairman of CNOOC Limited
CONTACT INFO
holding companies
board members
Laurie St Aubin
Country Manager
ConocoPhillips E&P Poland

ConocoPhillips Poland BV
Lane Energy Poland
Laurie St Aubin
Ad Van Der Zanden
Lawrence Archibald
Rondo ONZ 1
00-124 Warsaw
(+48) 22 209 04 00
www.conocophillips.com
concessions held
Name
Damnica
Lbork
Karwia
Acreage
(km2)
Wells
784
1,062
209
We are hopeful
that this will turn
into an attractive
unconventional
development
opportunity
Matt Fox, EVP,
Exploration and Production
concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment:We are focused now on this Baltic region. Weve drilled there several wells already. We think that this play really
could work. Weve got one horizontal drilling, were learning things about how to optimize the completion, weve got more drilling
planned in 2013 to test how this shale thickens as we move to the north. - Matt Fox, EVP, Exploration and Production
Poland
holding companies
board members
Marek Madeja
Country Manager
Cuadrilla Poland
Francis Egan
Marek Madeja
whos who
CONTACT INFO
ul. Syrokomli 5C
03-335, Warsaw
(+48) 22 818 97 95
www.cuadrillaresources.com
concession area
concessions held
Name
Midzyrzec P.
ukw
Pionki
Acreage
(km2)
Wells
1,174
628
827
The Pionki licence

in Poland will
complement our
ongoing exploration
activities in the UK,
Holland, and
Hungary
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Krakw
Katowice
Francis Egan, CEO
Zone of interest
Concession area
Rzeszw
SLOVAKIA
comment:Cuadrilla will, in the first instance, be undertaking a 150 km 2D seismic program which is expected to be completed
in the first quarter of 2013 [on the Pionki concession].- Corporate Website
CONTACT INFO
holding companies
board members
Zbigniew uk
Country Manager
Milejw LLP
Eytan Uliel
Douglas Bain
Aleje Jerozolimskie 56C

00-803 Warsaw
(+48) 22 630 22 90
www.dartenergy.com.au
concessions held
Name
Acreage Wells
(km2)
Milejw
372
... with the 2013

planned work
programme now
focusing primarily on
the UK, existing funds
will meet the
companys needs for
the next 12 months
Nick Davies, Chairman
concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: Other operations (India, continental Europe, certain assets in Indonesia and China) are considered non-core, and
will be scaled back substantially, with a view to partnering, farming-out, selling, or exiting, in a manner that best maximises the
return to the Company. Additional capital will not be deployed to these non-core operations.- Press Release, April 2, 2013
| 55
Poland
CONTACT INFO
holding companies
board members
Dmitry Kuznetsov
President
DPV Service
Dmitry Kuznetsov
Nowogrodzka 50 lok. 515

00-540 Warsaw
(+48) 511 490 073
www.dpvservice.pl
concessions held
Name
Acreage Wells
(km2)
Biaobrzegi-R.
Korczmin
Lipsko
Radom
Opole Lub.
774
629
1,192
895
388
We are currently
realizing concession
obligations - gathering
2D seismic data with
the help of Geofizyka
Torun and Acoustic
Geofizika
Company Website
concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Krakw
Katowice
Zone of interest
Concession area
Rzeszw
SLOVAKIA
comment: Based on information provided in their concessions, DPV should have had two wells completed by Q1 2013, one
on Biaobrzegi-Rusinw and one on Opole Lubelskie concessions. - Cleantech Poland
CONTACT INFO
holding companies
board members
Sergio Laura
Senior VP, Managing
Director eni Polska
Eni Polska
Giuseppe Tannoia
Roberto Castriota
Sergio Laura
Al. Armii Ludowej 26

00-609 Warsaw
(+48) 22 35 17 200
www.eni.com
concessions held
Name
Malbork
Elblg
Mynary
Acreage
(km2)
Wells
999
574
395
We have drilled and

extensively cored
three wells, one
of those has been
fracked having gas at
surface
Marino Astorri
Regional Liaison Manager
Polonia
concession area
RUSSIA
Gdask
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Katowice
Krakw
Zone of interest
Concession area
comment: Cores and test results are currently extensively analyzed in our lab by our dedicated team to draw
a comprehensive picture of the results gathered so far. - Marino Astorri, Regional Liaison Manager Polonia
LITHUANIA
Olsztyn
SLOVAKIA
Rzeszw
Poland
EXXONMOBIL
concessions held
Name
Acreage Wells
(km2)
Chem
1,162
holding companies
board members
Adam Kopy
Public & Govt Affairs
Advisor
ExxonMobil Exploration and

Production Poland Energia
Chem
James Johnston
Erik Oswald
Ville Ylosjoki
whos who
CONTACT INFO
Ul. Chmielna 85/87

00-805 Warsaw
(+48) 22 586 18 00
www.exxonmobil.com
concession area
It is too early to
comment on the
future of the Chem
concession in the
Lublin Basin
Adam Kopysc
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Krakw
Katowice
Zone of interest
Concession area
Rzeszw
SLOVAKIA
comment: ExxonMobil confirms that the Ministry of Environment has approved ExxonMobils relinquishment applications
regarding two exploration concessions in the Podlasie Basin (Legionowo and Misk Mazowiecki) and one, together with its partner
(Total E&P Poland), in the Lublin Basin (Werbkowice). - Adam Kopy
CONTACT INFO
HOLDING COMPANIES
Pawel uk
Country Manager
Strzelecki Energia
David Messina
Strzelecki Energia Warszawa
Charles Morgan
Strzelecki Energia Mazowiecka
Strzelecki Energia ukowska
Strzelecki Energia Woomin
Strzelecki Prabuty Poudniowe
Aleje Jerozolimskie 81
02-001 Warsaw
(+48) 22 695 02 70
www.huttonenergy.com
concessions held
Name
Acreage Wells
(km2)
Prabuty Po.
Koo
Poddbice
d Zachd
Olenica
Wielu
481
1,172
645
809
1,161
888
We are very excited

about our Jurassic
prospects and awaiting approvals on the
three EIAs that we
have lodged with the
regional environmental offices
Anna Maio
board members
concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: We are currently waiting on license modification approval from the MoE, which will enable us to continue our
work programme with San Leon on the South Prabuty license in the Baltic, Wielu and Olenica licenses in the Carboniferous.
- Anna Maio, Corporate Communications Manager
| 57
Poland
CONTACT INFO
David Nelson
CEO
holding companies
board members
LNG Energy Limited
Dave Afseth
Robert Gayton
Paul Larkin
Richard Green
David Cohen
ul. Bagno 2/225

00-112 Warsaw
(+1) 778 373 0103
www.lngenergyltd.com
s ta k e i n
Name
(%)
Holder
Starogard
20
BNK
Supsk
20
BNK
Sawno
20
BNK
Wgrw
50
San Leon
Iawa
50
San Leon
concession area
The Company is
considering various
alternatives to remedy
its existing liquidity
shortfall ...
Consolidated Financial
Statement
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Krakw
Katowice
Zone of interest
Concession area
Rzeszw
SLOVAKIA
comment: The Wgrw concession terms also include the requirement to drill a well to a depth of 2,750 m by December 2013.
In June 2012, the Company filed and received a renewal for the Iawa concession extending the term to maximum of 5 years. This
extension carries a commitment to commence drilling a well in Iawa before June 2014. - 2012 Consolidated Financial Statement
CONTACT INFO
holding companies
board members
Piotr Dbek
Strategy and
Development Director
LOTOS Petrobaltic
Baltic Gas
Zbigniew Paszkowicz
Dariusz Wojdyski
Krzysztof Suecki
Stary Dwr 9
80-958 Gdask
(+48) 58 301 30 61
www.lotos.pl
concessions held
Name
Gotlandia
Gaz Pnoc
Rewie
eba
Gaz Poudnie
Sambia W
Sambia E
Acreage
(km2)
Wells
881
1,075
1,172
1,154
887
888
1,092
concession area
In reference to the
PGNiG deal: ... we
dont know yet how
big Lotos stake
will be in specific
concessions
LOTOS Board
(Parkiet , 2012-10-18)
Zone of interest
Concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Katowice
Krakw
Rzeszw
comment: With these types of projects [partnership with PGNiG], the investment cycle is counted in years rather than months.
[2013] will be just the preparatory phase which will include additional seismic research and analysis. These costs will be
in the area of tens of millions of zlotys; they wont have a significant impact on our budget. - LOTOS Board (Parkiet, October 18, 2012)
Poland
MAC OIL
253
board members
Mac Oil (Poland)
James Fitzsimmons
Christian Ceppi
ul. Domaniewska 35A / 40

02-672 Warsaw
concessions held
Name
Acreage Wells
(km2)
Gdynia
holding companies
James Fitzsimmons
CEO
whos who
CONTACT INFO
concession area
Mac Oil has one

shale gas concession
in Poland, covering
one of the countrys Bydgoszcz
most important
agglomerations: Pozna
the Tri-city
RUSSIA
Gdask
RUSSIA
Gdask
Olsztyn
LITHUANIA
LITHUANIA
Szczecin
Bydgoszcz
Olsztyn
Pozna
BELARUS
WARSZAWA
d
GERMANY
BELARUS
CZECH
REPUBLIC
Cleantech Poland
Lublin
Wrocaw
WARSZAWA
Katowice
d
Zone of interest
Concession area
Krakw
Rzeszw
LublinSLOVAKIA
comment: According to concession documentation, Mac Oil by now should have completed reprocessing of available
geological data. By November 2014 100 km of 2D seismic should be shot and analyzed. This is almost half the size of the concession
- Cleantech Poland
CONTACT INFO
holding companies
board members
John Porretto
External
Communications
Marathon Oil (Area A - J)
Carl R. Hubacher Jr.
ul. Zota 59
00-120 Warsaw
(+48) 22 379 94 40
www.marathonoil.com
concessions held
Name
Acreage Wells
(km2)
Kwidzy
Brodnica
Orzechw
Posk S
Posk SE
Rypin
Lidzbark
Ciechanw
Sokow Pod.
1,197
1,088
1,008
670
Wells
740
1,003
1,046
1,186
834
RUSSIA
Gdask
245
Siedlce
Parczew
Acreage
(km2)
360
concession area
Name
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Wrocaw
Lublin
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: After an extensive evaluation of the Companys exploration activities in Poland and unsuccessful attempts to find
commercial levels of hydrocarbons, Marathon Oil has elected to conclude operations in the country. The Company is evaluating
disposition options for its concessions, which had a net book value at March 31, 2013, of $12 million. - Press Release, April 2013
| 59
Poland
CONTACT INFO
holding companies
board members
Oishi Yasuhiro
General Manager
Mitsui & Co.

Deutschland GMBH
Katsuya Okano
Aleje Jerozolimskie 65/79

00-697 Warsaw
(+48) 22 630 60 19
www.mitsui.com
s ta k e i n
Name
(%)
Holder
Kwidzy
Brodnica
Orzechw
Posk S
Rypin
Lidzbark
Ciechanw
Sokow Pod.
Siedlce
Marathon
Marathon
Marathon
Marathon
Marathon
Marathon
Marathon
Marathon
Marathon
Exploration
activities are
progressing
according to plan,
wells are being
drilled one after the
other
concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Rzeszw
Krakw
Katowice
Anna SoszynskaKalisiewicz, Mitsui
Zone of interest
Concession area
SLOVAKIA
comment: Mitsui is the first and only Japanese investor in Polish shale exploration activities. They have a track record from
participation in the Marcellus play in Pennsylvania. - Cleantech Poland
CONTACT INFO
holding companies
board members
Dominika Mackiewicz
Senior PR Coordinator
ORLEN Upstream
Wiesaw Prugar
Pawe Martynek
ul. Przyokopowa 31
01-208 Warsaw
(+48) 22 778 02 00
www.orlenupstream.pl
concessions held
Name
Acreage Wells
(km2)
Garwolin
Lubartw
Beyce
Lublin
Wierzbica
Hrubieszw
Sieradz
Woomin
Wodynie-uk.
d
884
1,147
1,019
967
652
415
917
1,181
1,191
concession area
The results of our

preliminary geological
surveys proved very
promising, and so we
decided to start a new
exploratory well [on the
Wierzbica license]
Wiesaw Prugar, CEO
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
691 -
comment: This year, PKN ORLEN is planning to drill a number of exploratory wells,
and two new locations for vertical drilling are being prepared. Further, in the first half of 2013 the Company intends to perform two
hydraulic fracturing treatments in the Wierzbica and Lubartw licence areas. - Company Website, February 22, 2013
Poland
holding companies
Tomasz Tarnowski
Communications
board members
Silurian
ECO Energy 2010
Bertrand Le Guern
Franciszek Krok
Roman Niewiadomski
Maciej Wantke
Marek Pietruszewski
Aleje Jerozolimskie 65/79

00-697 Warsaw
(+48) 22 553 85 14
www.petrolinvest.pl
concessions held
Name
Acreage Wells
(km2)
Czstochowa
Repki
Siemiatycze
Grudzidz
Makw Maz.
Chodel
Opole
Gubczyce
Kdzierzyn K.
750
882
892
699
699
189
1,044
1,156
concession area
31.67
Wisent
31.67
Wisent
31.67
Wisent
31.67
LITHUANIA
Olsztyn
Lidzbark War.
Wgorzewo
Godap
Ktrzyn
RUSSIA
Gdask
994
s ta k e i n
Name
(%)
Holder
whos who
CONTACT INFO
Wisent
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Rzeszw
Krakw
Katowice
Zone of interest
Concession area
SLOVAKIA
comment: Wisent Oil and Gas, in which Petrolinvest SA has a 31,67% stake, informed the Company of the commencement of
the drilling program including two wells on the two Baltic basin concessions in north-eastern Poland. All other exploration activities
where Petrolinvest has interest are progressing in accordance with concession obligations. - Tomasz Tarnowski
CONTACT INFO
holding companies
board members
Piotr Gliniak
Head of Exploration
Polskie Grnictwo Naftowe

i Gazownictwo
Mirosaw Szkauba
Jacek Murawski
ul. Kasprzaka 25
01-224 Warsaw
(+48) 22 691 79 67
www.pgnig.pl
concessions held
Name
Acreage Wells
(km2)
concessions held
Name
Acreage Wells
(km2)
Wejherowo
Kartuzy-Sz.
Stara Kiszewa
172
173
192
193
Warka-Urs.
Ryki-yrzyn
Kock-Tarkawica
Pionki-Kaz.
Wiszniw-Tar.
Tomaszw L.
Bartoszyce
Growo I.
731
783
1,178
937
937
922
942
734
426
1,028
530
670
1,094
LITHUANIA
Olsztyn
741
RUSSIA
Gdask
1,106
concession area
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: In terms of unconventional deposit exploration (shale gas) 13 wells are planned to be drilled (with an investment
cost of about 500 mln PLN). - PGNiG Press Office The Company is proceeding towards the next step of the program: stimulating
and flow testing the [Lubocino-2H] well. - Joanna Zakrzewska, Press Officer
| 61
Poland
CONTACT INFO
holding companies
Board members
Markus Mitteregger
Kurt Sonnleitner
Michael Lngle
Elisabeth Kolm
Communications
Schwarzenbergplatz 16 A
1015 Vienna
(+43) 50724 5448
www.rag-austria.at
s ta k e i n
Name
(%)
Holder
Starogard
Supsk
Sawno
26.3
BNK
26.3
BNK
26.3
BNK
concession area
Producing and
using European
mineral resources
will reduce import
dependence and
generate economic
growth in the EU
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Kurt Sonnleitner, CTO
Rzeszw
Krakw
Katowice
Zone of interest
Concession area
SLOVAKIA
comment: A secure supply of affordable, environmentally friendly energy is crucial to maintaining industrial employment.
Without secure energy supplies domestic industry has no long-term future. - Kurt Sonnleitner, Chief Technical Officer
CONTACT INFO
holding companies
board members
John Buggenhagen
Exploration Director
Aurelian 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, Wielu LLP, Olenica LLP,
South Prabuty LLP
Oisin Fanning
Paul Sullivan
John Buggenhagen
Ray King
Daniel Martin
Jeremy Boak
ul. Mokotowska 1
00-640 Warsaw
(+48) 22 378 97 00
www.sanleonenergy.com
concessions held
Name
Acreage Wells
(km2)
concessions held
Name
Acreage Wells
(km2)
Gniew
Iawa
Wgrw
Nowa Sl
Wschowa
Rawicz
Gra
Czersk
Praszka
Prusice
Kotlarka
Gdaska W
Braniewo S
Szczawno
Prabuty Pd.
Olenica
Wielu
1,191
746
711
1,166
1,078
742
706
702
1,199
758
213
concession area
894
481
Bydgoszcz
1
1
Szczecin
603
888 1,161 -
LITHUANIA
Olsztyn
1,043
RUSSIA
Gdask
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: We are very excited about our evolving relationship with Halliburton which will help us prove the huge resource
potential of the Carboniferous unconventional gas play across our vast acreage position in the SW Carboniferous Basin in Poland.
- Oisin Fanning, Executive Chairman
Poland
holding companies
Davide Bergamaschi
Investor Relations
Director
board members
Sorgenia E&P
whos who
CONTACT INFO
Via Vincenzo Viviani, 12

Mi 20124 Milan
(+39) 026 719 911
www.sorgenia.com
s ta k e i n
Name
(%)
Holder
Starogard
Supsk
Sawno
27
BNK
27
BNK
27
BNK
concession area
High technological
risk but great
potential for the
development of new
forms of gas
sourcing
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Rzeszw
Krakw
Katowice
Company Profile
Zone of interest
Concession area
SLOVAKIA
comment: Partnerships with BNK, RAG and LNG Energy. This collaboration guarantees specific technological know-how,
operating experience/efficiency in the Shale Gas sector and compliance with the strict European standards in terms of safety and the
environment. Encouraging results after the initial exploratory drillings. - Sorgenia Group Company Profile
CONTACT INFO
holding companies
board members
Annika Hult
Managing Director
Stena International SARL
Peter Claesson*
Annika Hult*
26b, Boulevard Royal

LU-2449 Luxembourg
(+352) 26 48 67 00
www.stena.com
s ta k e i n
Name
(%)
Holder
Lidzbark War.
Wgorzewo
Godap
Ktrzyn
29.7
Wisent
29.7
Wisent
29.7
Wisent
29.7
Wisent
Stena (...) has

warrants to subscribe
for additional shares
which, would
increase its
shareholding in the
Company to 35%
NRS, London Stock
Exchange
* Wisent Oil and Gas

board members
concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: The company is pleased to announce that it closed a further private placement of new equity to Stena Investment
and to parties related to directors of the company. Funds raised under the placement total 7.25 million before costs.
- NRS, London Stock Exchange
| 63
Poland
CONTACT INFO
holding companies
board members
Krzysztof Klinowski
Senior Coordinator
Shale Gas
Total E&P Poland
Martine Valeix
Marcel Mars
Bruno Courme
al. Jana Pawla II 80

00-175 Warsaw
(+48) 22 481 94 00
www.total.com
s ta k e i n
Name
(%)
Holder
Chem
49
ExxonMobil
Its not with two

wells that we will
know. Thats the
problem with
non-conventionals.
We find reserves
almost well by well
concession area
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Rzeszw
Krakw
Katowice
Christophe de
Margerie, CEO
Zone of interest
Concession area
SLOVAKIA
comment: The only activity planned in 2013 on Chem concession is the P&A of well Krupe -1. The process of ExxonMobil
withdrawal from Chem concession is not effective yet. There is therefore no change in the current partnership.
- Bruno Courme, Public Affairs
CONTACT INFO
holding companies
board members
Wes J. Skrobowski CEO

William Marble COO
Wisent Oil & Gas
Wes J. Skrobowski
William Marble
ul. Chocimska 14 A
00-791 Warsaw
(+48) 22 856 10 00
wisentoilandgas.com
concessions held
Name
Acreage Wells
(km2)
Lidzbark War.
Wgorzewo
Godap
Ktrzyn
895
134
621
683
concession area
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
RUSSIA
Gdask
LITHUANIA
Olsztyn
Szczecin
Bydgoszcz
Pozna
BELARUS
WARSZAWA
d
GERMANY
Lublin
Wrocaw
CZECH
REPUBLIC
Katowice
Zone of interest
Concession area
Krakw
Rzeszw
SLOVAKIA
comment: The Babiak No.1 well has been designed to be drilled to a TD of 2,400 metres and it is planned that, after logging,
the well will be sidetracked with a horizontal section of up to 1,200 metres. A frac of between 6 and 8 stages is then planned,
depending on the length of the horizontal section. - Press Release, February 2013
whos who
Shale Gas
investment
Guide
WHOS
WHO
IN CONCESIONS/UK
operators
l Cuadrilla Resources
p.66
l Egdon
p.67
l Dart Energy
p.66
l IGas
p.67
In this issue of the Shale Gas Investment Guide, we introduce selected four companies prospecting for shale gas in the United Kingdom.
Once again it seems to be up to the independent and small enterprises to prove up the acreage before IOCs show major interest in the play.
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.
| 65
united kingdom
CONTACT INFO
holding companies
Cuadrilla Resources
Holdings Ltd
Francis Egan CEO

Cuadrilla House
Stowe Court, Stowe Street
Lichfield, Staffordshir
WS13 6AQ
(+44) 1543 266 444
www.cuadrillaresources.com
concessions held
Name
Acreage Wells
(km2)
PEDL165
EXL 269
PEDL 244
EXL 189
EXL 189
PED L247
118 5 1
15 4 1
3 1
54 -
board members
Lord Browne
Haroun Van Hovell
John Lancaster
Allan Campbell
Tony Kelly
Roy Franklin
Francis Egan
Tony Carruthers
Andrew Quarles
concession area
Cuadrilla are
determined to spare
no effort in meeting
our exploration targets
in an environmentally
and socially sustainable
manner
Francis Egan, CEO
Concession area
comment: During 2013 and 2014 Cuadrilla proposes to broaden and deepen the scope of both community consultation and
environment risk assessment by completing a full Environmental Impact Assessment (EIA) for each exploration well site where we
seek planning consent for drilling, hydraulic fracturing and flow testing.- Francis Egan, CEO
CONTACT INFO
holding companies
board members
John McGoldrick
CEO
GP Energy
Dart Energy (Europe)
Nicholas Davies
John McGoldrick
Eytan Uliel
Martin Cooper
Mark Lappin
Laurel Hill Business Park

Polmaise Road, Stirling
FK7 9JQ
(+44) 333 800 2000
www.dartenergy.com.au
concessions held
Name
Acreage Wells
(km2)
concessions held
Name
Acreage Wells
(km2)
PEDL 012
PEDL 133
PEDL 139
PEDL 140
PEDL 200
PEDL 207
PEDL 210
EXL 288
PEDL 147
PEDL 185
PEDL 186
PEDL 187
PEDL 189
PEDL 195
PEDL 196
EXL 198
AL 010
50
367
100
150
120
30
10 10
90
100
100
concession area
70
100
100
75 75
75 -
Concession area
comment: There have been recent regulatory developments in the U.K. and New South Wales, Australia which provide the
regulatory framework necessary to accelerate work towards tapping unconventional gas resources in the respective countries.
- Nicholas Davies, Chairman
united kingdom
holding companies
board members
Mark Abbott
Managing Directors
EGDON RESOURCES U.K.
Mark Abbott
Philip Stephens
Jerry Field
Walter Roberts
Ken Ratcliff
Andrew Lodge
The Wheat House

98 High Street, Odiham
Hampshire, RG29 1LP
(+44) 1256 702292
whos who
CONTACT INFO
www.egdon-resources.com
s ta k e i n
Name
(%)
Holder
PEDL 139
PEDL 140
10
Dart Energy
10
Dart Energy
concession area
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
comment: Egdon intends to evaluate the potential of the Licences through drilling a deep exploration well, which it is hoped
will be undertaken during 2014 subject to obtaining all necessary consents and approvals. - Company Website
CONTACT INFO
Andrew Austin
CEO
holding companies
board members
Island Gas
Andrew Austin
Stephen Bowler
John Blaymires
7 Down Street
London, W1J 7AJ
(+44) 207 993 9899
www.igasplc.com
concessions held
Name
Acreage Wells
(km2)
PEDL 107
PEDL 116
PEDL 145
PEDL 145 N
PEDL 184
PEDL 190
PEDL 193

211
102
102
102
386
386
296
concession area
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
comment: Whilst we do have planning consent for exploratory drilling at our sites at Irlam and Ellesmere Port, we will
complete our geological assessment before any decision is made as to where the proposed shale wells are to be drilled from.
- Georgina Gilbert, PR & Communications
| 67
Shale Gas
investment
Guide
WHOS
WHO
IN CONCESIONS/GERMANY
operators
l Bayerngas GMBH
p.69
l Oldenburgische Erdolgesellschaft MBH
p.70
l BEB Erdgas und Erdol GmbH & Co KG
p.69
l Rhein Petroleum GMBH
p.71
l CEP - Central European Petroleum
p.70
l RWE Dea AG
p.71
Germany
holding companies
board members
whos who
CONTACT INFO
Not Available
Bayerngas GMBH
Poccistr. 9
80336 Mnchen
Tel.: + 49 (0) 89. 7200 0
www.bayerngas.de
concessions held
Name
Acreage
(km2)
concession area
Wells
Reudnitz
1
Berlin
POLAND
NETHERLANDS
BELGIUM
Bon
CZECH
REPUBLIC
FRANCE
POLAND
SWITZERLAND
comment: According to their website, 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.
CONTACT INFO
holding companies
Ronny A. Hauck
board members
Not Available
BEB Erdgas und

Erdol GmbH & Co KG
Riethorst 12, 30659 Hannover

Postfach 51 03 60, 30633
Telefon: 0511 / 6410
e-mail: info@beb.de
Internet: www.beb.de
concessions held
concession area
concessions held
Acreage
(km2)
Wells
Ahrensheide
429
Minden
Bramsche-Erw.
Misburg
232
Delmenhorst-Els.
-845
Munsterland-West
Name
Name
Acreage Wells
(km2)
Dummersee-Uchte Zus.
Nordrhein-Westfalen N
6,617
Hamwiede
Schaumburg-Verkl.
Harpstedt
Scholen
Herford
Simonswolde
Ibbenburen
Taaken Rest
197
Krummhorn
Unterweser
Berlin
POLAND
NETHERLANDS
Bon
BELGIUM
CZECH
REPUBLIC
FRANCE
POLAND
SWITZERLAND
comment: According to their website, 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.
| 69
Germany
CONTACT INFO
A. Lammers
CEP Central European

Petroleum GmbH
10178 Berlin
Tel: +49 (30) 24 31 02 190
Fax: +49 (30) 24 31 02 528
E-Mail: de-info@cepetro.com
concessions held
Name
holding companies
CEP - Central European
Petroleum GMBH
board members
Not Available
concession area
Acreage
(km2)
Wells
Anklam
2,559
Grimmen 2
2, 016
Lubben
1,479
Ribnitz
102
Stralsund
756
Berlin
POLAND
NETHERLANDS
BELGIUM
Bon
CZECH
REPUBLIC
FRANCE
POLAND
SWITZERLAND
comment: Central European Petroleum Ltd., registered in Alberta, Canada in 2006, and its wholly-owned affiliate, CEP Central
European Petroleum GmbH, registered in Germany in 2008 (together CEP), were set up to pursue petroleum exploration opportunities in the European Union, initially focusing on Germany. - Corporate website
CONTACT INFO
Not Available
concessions held
Name
holding companies
Oldenburgische
Erdolgesellschaft MBH
board members
Not Available
concession area
Acreage
(km2)
Wells
Jeverland
Munsterland
Oldenburg
5,657
Berlin
POLAND
NETHERLANDS
BELGIUM
Bon
CZECH
REPUBLIC
FRANCE
POLAND
SWITZERLAND
comment: None available
Germany
holding companies
Marcus Gernsbeck
board members
whos who
CONTACT INFO
Not Available
Rhein Petroleum GMBH
Friedrichstrae 2
D-76530 Baden-Baden
Tel.: +49 7221 973 72 16
Fax: +49 7221 973 72 22
www. rheinpetroleum.de
concession area
concessions held
Name
Acreage
(km2)
Wells
Graben-Neudorf
330
Heidelberg-Weinheim
260
Kinsau
249
Mindelheim
460
Mittlerer Oberrhein
657
Nordlicher Oberrhein
682
Schwaben-Sud grossr. Aufsuch.
2,061
Berlin
POLAND
NETHERLANDS
BELGIUM
Bon
CZECH
REPUBLIC
FRANCE
POLAND
SWITZERLAND
comment: The re-opening of abandoned fields is only a niche industry, but we are a part of it, and it will be rediscovered
even by some of the large established commodity groups. As a small company, we have at our disposal all the same technical
capacities as the big players, but we work with far less administrative expenditure. - Michael Suana, Technical Director
CONTACT INFO
holding companies
Derek Msche
board members
Not Available
RWE Dea AG
Press Spokesperson
T+49 40 6375-2670
F+49 40 6375-3162
M+49 162 273-2670
www. rwe.com
concessions held
Name
Acreage
(km2)
concessions held
Wells
Name
concession area
Acreage Wells
(km2)
Celle
1,199
Rautenberg
2,380
Cuxhaven-Verkleinerung
1,163
Rotenburg
675
Drakenburg
Scharnhorst-Restflache
384
Grafing
Verden
380
Hahnenhorn
400
Werder
85
Harpen-Gas
900
Phonix
Preetz-Restflache
762
POLAND
NETHERLANDS
Heide-Restflache
Berlin
BELGIUM
Bon
CZECH
REPUBLIC
FRANCE
POLAND
SWITZERLAND
comment: RWE Dea AG is an international oil and gas company headquartered in Hamburg, Germany. It is a subsidiary of
RWE. RWE Dea owns production facilities in Germany, the United Kingdom, Norway, Denmark, and Egypt, and also holds exploration licences in Algeria, Ireland, Libya, Mauritania, Morocco, Poland,Turkmenistan and Trinidad & Tobago. - Wikipedia
| 71
Shale Gas
investment
Guide
ServicEs
directory
water, waste, proppant, sand, pipe, gelling agents, biocides
logistics, health, safety, environment, seismic, permitting
pressure pumping, casing, cementing, coil tubing, drill bits
DRILLING
services
CO M PA N Y N A M E . . . . . PAG E
Casing & Cementing
Baker Hughes
Exalo
Halliburton
Schlumberger
78
84
88
96
Weatherford
UOS
99
98
Directional Drilling
Baker Hughes
Drilltech
Halliburton
Exalo
78
83
88
84
Meehan Drilling
Schlumberger
Weatherford
UOS
92
96
99
98
Drill Bits, Fluid Systems
Baker Hughes
Exalo
Halliburton
MI-SWACO
78
84
88
92
Pruitt
UOS
Schlumberger
95
98
96
Drilling Tools and Services
Baker Hughes
Bentec
Drilltech
Exalo
78
79
83
84
JSH Drilling
National Oilwell Varco
Pruitt
90
92
95
Engineering and Modeling
CCS
Core Laboratories (Saybol
Geolog
ILF
80
82
87
89
Wellynx
99
92
Arnco
Hardbanding Solutions
78
88
Mud Logging
Baker Hughes
Drill-Lab
Exalo
Geolog
78
83
84
87
GEO-data
Geokrak
Halliburton
Schlumberger
86
87
88
96
78
88
96
99
UOS
98
MWD and LWD
Baker Hughes
Halliburton
Schlumberger
Weatherford
Pipe Supply
JSH Drilling
Sumitomo Europe
Tenaris
90
92
96
97
US Steel
Workstrings
98
99
Rig Contracting
Discovery Drilling
Exalo
KCA Deutag
MND Drilling
82
84
90
92

UOS
98
98
EkoTech Energy
MI-SWACO
84
92
Apex Contracting
77
Apex Contracting
CDM Smith
NTS Construction
77
80
93
Hard Banding
Waste Management
UOS
Weatherford
98
99
Water Hauling
Well Pad Construction
| 73
COMPLETIONS
Baker Hughes
Exalo
Halliburton
Schlumberger
Weatherford
UOS
78
84
88
96
99
98
Brenntag
Champion Technologies
DOW
Dow Corning
Dow Microbial
MultiChem
79
80
82
83
83
92
Coil Tubing
Baker Hughes
Drill-tech
Halliburton
Exalo
Meehan Drilling
Schlumberger
Weatherford
UOS
78
83
88
84
92
96
99
98
Equipment Supply
Baker Corp
Balance Point Control
Bentec
C.A.T.
Caterpillar
Discovery Drilling
Drill-Lab
Drilltech
78
78
79
79
80
82
83
83
Baker Hughes
Halliburton
Exalo
Schlumberger
Tenaris
Weatherford
UOS
78
88
84
96
97
99
98
Baltic Ceramics
Weir
78
99
AECom
Apex Contracting
Baker Corp
CDM Smith
GE Oil & Gas
PP-EKO
Veolia
77
77
78
80
86
95
98
Casing & Cementing
Chemicals
Pressure Pumping
Proppant Supply
Water Management
GE Oil & Gas

ITS (Parker)
JSH Drilling
Packers Plus
Superior Energy Services
Tech Pomp
Tenaris
86
90
90
92
93
97
97
97
UOS
Weir
Workstrings
98
99
99
3rd PARTY
SERVICES
services
Basin Modeling
Argo
Baker Hughes
GEO-Data
Geokrak
77
78
86
87
Construction of Well Pads

Construction of Roads
Apex Contracting
CDM Smith
NTS Construction
77
80
93
PWC
Trinity Corporate Services
95
98
Argo
ION
GEO-Data
Geokrak
77
89
86
87
Cleantech Poland
80
AECom
CDM Smith
Golder & Associates
GSE Environmental
77
80
88
88
DBM Services
82
Argo
Baker Hughes
GEO-Data
Geokrak
77
78
86
87
HAYS
IP Group
89
89
Land Man
Apex Contracting
CDM Smith
IP Group
77
80
89
Permitting
Apex Contracting
CDM Smith
IP Group
77
80
89
Acoustic Geophysical
Apex Contracting
ION
Geofizyka Krakw
77
77
89
87
Bireta
79
Corporate Services
Data Services
Due Dilligence
Equity Fundraising
Environmental Services
Geomage
Kidova
Pangea
Serafim
87
90
94
96
Geofizyka Krakw
Geofizyka Torun
Geolog
Geomage
87
87
87
87
Inwatec
PP-EKO
URS
Veolia Water
89
95
98
98
Geomage
Kidova
Pangea
Serafim
87
90
94
96
Geofizyka Torun
IP Group
ION
UOS
87
89
89
98
Geotrace
Kidova
Pangea
PFC Energy
87
90
94
95
Facilities Management
Geological Analysis
Human Resources
Seismic Services
Technical Translation
| 75
SE R V I C E S D I R ECTORY*
Abbot Group
Acoustic Geophysical (Viking)
AECom
Apex Contracting
Archer Well - Allis Chalmers
Argo Geological Consultants
Arnco
AVISHIP
Baker Corp
Baker Hughes
Balance Point Control BV
Baltic Ceramics
BDP International
Bentec
Bireta
Brenntag
C.A.T.
C.H. Robinson
Caterpilar
CB&I
CDM Smith
Cleantech Poland
Champion Technologies
Continuous Control Sols (CCS)
Core Laboratories
DBM Services

dGB Earth Sciences
Discovery Drilling Equipment
DNV
DOW
Dow Corning
DOW Microbial Control
Drill-Lab (PGNiG)
Drilltech
Duon
Efir Energy LTd
EkoTech Energy
Energy Specialists Plat (ESP)
Ensign
EurMidstream
Exalo Drilling

Expro
Fairstar Heavy Transport
Fugro
GE Oil & Gas
Geo-Microbial Tech (GMT)
GEO-Data

GeoDynamics Research
Geofizyka Krakw (PGNiG)
Geofizyka Torun (PGNiG)
Geokrak

77
77
77
77
77
77
78
78
78
78
78
78
79
79
79
79
79
79
80
80
80
80
80
80
82
82
82
82
82
82
83
83
83
83
83
83
84
84
84
84
84
84
86
86
86
86
86
86
87
87
87
GeoLog
Geomage
Geotrace Data Int Services
GL Noble Denton
Global Geophysical
Golder Associates
GSE Environmental
Halliburton
Hardbanding Solutions
HAYS
ILF Consulting Engineers
IP Group
INiG (PGNiG)
Inwatec
ION
ITS (Int Tubular Serv)
JSH Drilling, Ltd.
KCA DEUTAG
Kidova
Linde Gaz Polska
Maxi Cargo
Meehan Drilling
MI-SWACO
MND Drilling
Multi-chem
NADRA Group
Navigant
Neste Jacobs
NTS Construction
NuTech Energy
Pace Global Energy
Packers Plus
Pangea
PanTerra Geo
PBG Geophysical
Perekop Bromine
Perforator

Petrofac
PFC Energy
PP- Eko
Pruitt
ProChem
PwC
Rodelta Pumps
Schlumberger
SERAFIM
SGS
SIMCO International

Spirit Technologies
Sumitomo Europe
87
87
87
88
88
88
88
88
88
89
89
89
89
89
89
90
90
90
90
90
90
92
92
92
92
92
92
93
93
93
93
93
93
94
94
94
94
94
94
95
95
95
95
95
95
96
96
96
96
96
96
a n alys t ' s V IE W
P A R K ER S N Y D E r
D IRE C To r , C l e a n t e ch P ola n d
Its official. The slowdown in Poland
has caused kit to move to other markets.

Weatherford sent equipment to Lithuania, moved their Poland country manager to Romania. Halliburton and Schlumberger have reassigned their country
managers. Baker Hughes country manager is now based out of Germany.
Poland is no longer the focus.
These shifts reflect the fact that theres
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 promise; Cuadrilla is most active. (see chart)
Germany could take off. Exxon has
some 50 wells planned and could commence after national elections. Romania
and Ukraine will move slowly along.
Parker Snyder (+48) 517 469 881
Parker@cleantechpoland.com
SSW

Tata Steel Group
Tebodin
TECH-POMP
Tenaris
TPS - Technitube Rhrenwerke
Trinity Corporate Services
United Oilfield Services
URS
US Steel
Vallourec
Veolia Water Systems
Weatherford
Weir Oil & Gas Division
Wellynx
Workstrings
97
97
97
97
97
97
98
98
98
98
98
98
99
99
99
99
* The companies listed do business in Europe.

If your company is not listed, or the information is incorrect, please contact us at
info@cleantechpoland.com
Abbot Group
S ERV I C E
S P EC I A L IT Y
Construction, drilling
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
KCA DEUTAG Drilling

GmbH
Germany
CO NTACT
services
CO M PA N Y
NAME
(+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. Chodna 11 lok. 425

00 - 891 Warsaw
Poland
infohouston@
acousticgeo.com
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 34a
Warsaw 02-672, Poland
(+48) 228 220 051

jarek.karpiejuk@aecom.
com
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 youd 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) 601 999 345

Eric (+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
Damsgrdsveien 135
5160 Bergen
Norway
(+47) 55 51 15 00
www.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 46
3706 BD Zeist
The Netherlands
(+31) 306 959 150

info@argo-geoscience.
com
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.
| 77
CO M PA N Y
NAME
Arnco
S ERV I C E
S P EC I A L IT Y
Hardbanding
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
Aberdeen, UK
CO NTACT
(+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
(+33) 490 480 127

office@aviship.com
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 engineering 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

mhiggins@bakercorp.com
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 jens.

rodiek@bakerhughes.com
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
(+31) 591 667 687

info@bpc.nl
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 7
68 - 300 Lubsko
Poland
(+48) 22 654 66 14
office@balticceramics.
com
Baltic Ceramics retails proppants and other products used in the extraction of hydrocarbons from unconventional 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
BDP
International
S E RV I C E
S P EC I A L I T Y
Logistics
CO U N T RY
ACT I V I T Y
Global
ADDRESS
ul.Osmanska 5
02-823 Warsaw
Poland
CO N TACT
SERVICES
CO M PA N Y
NAME
(+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, Pennsylvania in the U.S.A.
Bentec
Rig and drill manufacturer

(Europe, Middle East)
Europe, Middle
East
Deilmannstrae 1
48455 Bad Bentheim
Germany
(+49) 592 272 80

info@bentec.com
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 3/1

02-981 Warsaw
Poland
(+48) 22 648 55 77
bireta@bireta.pl
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 manufacturers to users with 10,000 products and could be market leader in Europe.
C.A.T.
Oilfield equipment,
tubing, proppant
Europe
Celle, Vorbruch 6
29227, Germany
(+49) 5141 9895 0

info@consulting-agencytrade.com
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 Pawa II 29

Warsaw, Poland
(+48) 22 653 65 30
tom.sullivan@chrobinson.
com
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.
WWW.CLEANTECHPOLAND.COM
| 79
CO M PA N Y
NAME
Caterpillar
S ERV I C E
S P EC I A L IT Y
Machine construction
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
100 NE Adams Street

Peoria, Illinois
61629, USA
CO NTACT
(+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, procurement
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 founders heirs, Chicago Bridge &
Iron isnt in Chicago, doesnt build bridges and doesnt use iron. CB&I employs approximately 50,000 persons.
CDM Smith
Consulting, engineering, construction,

permitting and
operations
Global
Ul. Stawki 40
01- 040 Warsaw
Poland
(+48) 225 519 300

warsaw@cdmsmith.com
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 2700
Houston, 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, Warsaw
Poland
+48 517 469 881

info@cleantechpoland.
com
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 development of Polands 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 Ave

Des Moines, IA
USA
(+1) 515 278 9655

bshcharansky@ccsia.com
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.
PHOTO: SSW
advertorial
Planned amendments in the

Polish legislation may result in a
violation of the countrys
obligations under investment
treaties and lead to future
compensation, including
lost profits.
Filip Balcerzak, As sociate, Foreign lawyer
Investments protected
under international law
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 production; (ii) the inability to secure the
production concession by the entity
which explored and documented a given
resource, and (iii) establishing a new authority 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 protection of investments (investment treaties). Poland is a party to sixty investment treaties, which it undertook to
observe certain standards to protect investors rights. These standards include:
Fair and equitable treatment
Among 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 treatment 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 investment project, may lead to its violation.
stitute discrimination against foreign

investors. Planned changes in the Polish
regulatory framework, being very unusual compared to the foreign legal
frameworks, may result in discriminatory
treatment towards operators in the upstream industry.
Prohibition of expropriation
without due compensation
Under international investment law,
prohibition of expropriation goes beyond
direct expropriation and covers also prohibition 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 compensation.
Arbitration
An investor whose rights under investment 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 perspective of international law, without
regard to decisions of the domestic
courts or other authorities of the State. If
any violation of these standards guaranteed in investment treaties are to be
found, this may result in compensation
to be paid by the state, covering the actual loss as well as lost profits.
www.ssw.pl
Prohibition of discrimination
Measures taken by a state cannot con-
An investor whose rights under

investment treaties have been violated
can defend its rights by bringing a
claim in international arbitration
| 81
CO M PA N Y
NAME
Core
Laboratories
S ERV I C E
S P EC I A L IT Y
Reservoir description
and management,
production enhancement
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
Herengracht 424,
1017 BZ Amsterdam
The Netherlands
CO NTACT
saybolt.poland@corelab.
com
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
(+48) 693 131 693

info@dbmservices.pl
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 11-2
7511 JM Enschede
The Netherlands
(+48) 693 131 693

info@dbmservices.pl
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 Square
16 Hanover Square
London W1S 1HT
(+44) 207 408 9494

info@discoveryde.com
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.
Dow Corning
S ERV I C E
S P EC I A L IT Y
Chemicals including
emulsifiers, proppant,
gelling agents
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
ul. Marynarska 15,

02-674 Warsaw
Poland
CO NTACT
services
CO M PA N Y
NAME
(+48) 228 540 320

fwrpols@dow.com
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
(+48) 228 540 320

fwrpols@dow.com
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. Kronieska 7,
65-958 Zielona Gra
Poland
(+48) 683 238 454

dl@drill-lab.com.pl
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 numerically to operators so they know what theyre 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 8
Wysogotowo k. Poznania
62-081 Przemierowo
Poland
ir@duon.pl
+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 Puawska Street

Warsaw, Poland
(+48) 22 395 52 60
office@efirenergy.com
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 Rafa Szwarc.
| 83
CO M PA N Y
NAME
EkoTech Energy
S ERV I C E
S P EC I A L IT Y
Waste management,
treatement, effluents
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
Aleje Jerozolimskie 96,

00-807, Warsaw
Poland
CO NTACT
(+48) 222 755 625

info@ekotechenergy.com
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 Specialists
Platform (ESP)
General,
independent consultants
Europe
Klateringerweg 6
9433 TB Zwiggelte
The Netherlands
(+31) 593 33 13 30
Asperkok@bart.nl
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 Ensigns 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, Ensigns shares are listed
on the Toronto Stock Exchange under the trading symbol ESI.
EurMidstream
Midstream services
Europe
Chausse de la Hulpe
120, 1000 Brussels
Belgium
(+32) 266 317 63

anslester@eurmidstream.
com
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 9
64-920 Pia
Poland
(+48) 67 215 13 00
marketing@exalo.pl
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, production 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. Expros areas of service include exploration and appraisal, subsea safety systems,
drilling/completions, flowback/clean-up, production, well integrity and intervention. 40 years, 5,000 employees, across 50 countries.
Well done.
Well pad construction

Access road cut-in
Reserve pit excavation
Karol Kolouszek
(+48) 783 121 216
NTS Sp. z o.o.

Rynek 26
37-500 Jarosaw
POLAND
Call for a free quote
| 85
CO M PA N Y
NAME
Fairstar Heavy
Transport
S ERV I C E
S P EC I A L IT Y
Transport (heavy)
CO U NTRY
ACTI V IT Y
Netherlands
A D D RE S S
Floor 20
3012 CN Rotterdam
The Netherlands
CO NTACT
(+31) 10 403 5333

fairstar@fairstar.com
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 10
2264 SG Leidschendam
the Netherlands
(+31) 70 311 1422

holding@fugro.com
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 53

Warsaw, 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
(+33) 148 103 007

gmt@gmtgeochem.com
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

nadolny@geo-data.de
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, 53
Leno Center -Rovereto
Trento, Italy
(+39) 0464 75 00 95
info@geodynamics.it
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.
Geofizyka Krakw
(PGNiG)
S ERV I C E
S P EC I A L IT Y
CO U NTRY
ACTI V IT Y
Seismic services, well

logging,
data interpretation
Europe, North
Africa, Gulf
Countries,
South Asia
A D D RE S S
Ul. ukasiewicza 3
31 - 429 Krakw, Poland
CO NTACT
services
CO M PA N Y
NAME
(+48) 122 991 200

marketing@gk.com.pl
Geofizyka Krakw is a geophysical company that performs and analyzes seismic surveys. Geofizyka Krakw 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 interpretation
Europe, India,
Egypt
Ul. Chrobrego 50
87 - 100 Toru, Poland
(+48) 566 593 101

marketing@geofizyka.pl
Geofizyka Toru 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 Krakw, Poland
(+48) 126 338 110

geokrak@geokrak.pl
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. GEOLOGs
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, petrophysicists and engineers, at every stage of the E&P workflow. Geotrace Data Integration Services is the software
services and data management division of Geotrace.
| 87
CO M PA N Y
NAME
GL Noble Denton
S ERV I C E
S P EC I A L IT Y
Technical service
provider
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
Brooktorkai 18
20457 Hamburg
Germany
CO NTACT
(+49) 403 614 90

glnobeldenton@gl-group.
com
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 Warsaw
Poland
(+48) 224 930 135

contact@globalgeophysical.com
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 characteristics.
Golder
Associates
Consulting, design and

construction
Global
Al. Solidarnoci 117/700

00 - 140 Warsaw
Poland
(+48) 226 280 980

akaniewska@golder.com
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 Chemnitz
Germany
(+43) 725 829 201

priegl@gseworld.com
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 worlds 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.
HAYS
S ERV I C E
S P EC I A L IT Y
Human resources
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
ul. Zota 59
00-120 Warsaw
Poland
CO NTACT
services
CO M PA N Y
NAME
+48 22 584 5650

+48 22 584 5651
warsaw@hays.pl
Hays is the worlds 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 teamis 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 consultancy
Global
Osmaska 12
02 - 823 Warsaw
Poland
(+48) 22 430 26 00
info.waw@ilf.com
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
(+48) 604 601 050 izabela.

kawczynski@interpermit.
com
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 Krakw
Poland
(+48) 12 421 00 33
office@inig.pl
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
biuro@inwatec.pl
INWATEC Sp. z o.o. was founded in 2003 from the merger of companies in environmental protection. The
companys 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 Houston
TX 77042-2839, USA
(+1) 281 933 3339

info@iongeo.com
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 companys 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.
| 89
CO M PA N Y
NAME
ITS
(Parker Drilling)
S ERV I C E
S P EC I A L IT Y
Oilfield equipment
and services
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
Takelaarsweg 13
1786 PR Den Helder
The Nederlands
CO NTACT
(+31) 88 1307 100

europesales@its-energyservices.com
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. Parkers
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. Parkers 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

youqingguo@shuguang.
com
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 Drive
Altens Industrial Estate
Aberdeen AB12 3LW
Scotland
(+44) 122 429 9600

info@uk.kcadeutag.com
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

Salengro
F-92370 Chaville
France
(+33)1 47 09 09 49
contact@kidova.com
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. KIDOVAs services
cover structural and geological modeling, research and development, consulting and expert studies.
Linde Gaz Polska
Gases, engineering,
supply chain
Poland
Al. Jana Pawa II 41a

31-864 Krakw
Poland
(+48) 12 643 92 00
www.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. Raczyskiego
31/13
62 - 020 Swarzdz
Poland
(+48) 61 610 10 26
biuro@maxi-cargo.pl
Maxi-Cargo company operates in the field of oversize load specialist transport, including flatbed transport.
Covering the EU, Maxi-Cargos 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.
services
| 91
CO M PA N Y
NAME
Meehan Drilling
S ERV I C E
S P EC I A L IT Y
Drilling
CO U NTRY
ACTI V IT Y
UK
A D D RE S S
40 Kilmorey Street
Newry, Co. Down
BT34 2DE
CO NTACT
(+353) 28 3025 2678

info@meehandrilling.com
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 77242
USA
(+1) 832 628 9187

questions@miswaco.slb.
com
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 optimize 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
Velkomoravsk 900/405,
696 18 Luice
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 SN
EN ISO 9001 Quality System Certificate, the SN EN ISO 14001 Environmental Management System Certificate
and the SN OHSAS 18001 Health and Safety Management Certificate.
Multi-chem
Chemicals
Poland
2905 Southwest
Boulevard San Angelo,
TX 76904, USA
(+48) 224 707 900

jerzy.wozniak@halliburton.com
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 Nikolaou
NIMELI Court, Block C
3rd floor 2408,
Nicosia Cyprus
office@nadragroup.com
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 earths land
surface.
National Oilwell
Varco
Oilfield services
United States
Wierzbowa 9/11
00 - 094 Warsaw
Poland
(+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.
Navigant
S ERV I C E
S P EC I A L IT Y
Business advisory
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
5th Floor, Woolgate

Exchange
25 Basinghall Street
London, UK
CO NTACT
services
CO M PA N Y
NAME
(+44) 20 7469 1111

inquiries@navigant.com
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 Oy
P.O.Box 310, FI-06101
Porvoo, Finland
(+358) 10 4581200
NJ.Info@nestejacobs.com
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 Jarosaw
Poland
(+48) 16 623 22 51
k.kolouszek
@stabilizacje.net
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
(+1) 281 812 4030

info@nutechenergy.com
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
(+1) 703 818 9100

info@paceglobal.com
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

joel.appleton@
packersplus.com
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.
| 93
CO M PA N Y
NAME
Pangea
S ERV I C E
S P EC I A L IT Y
Geophysical and
geological data
processing
CO U NTRY
ACTI V IT Y
Europe, Russia,
Africa
A D D RE S S
Aleksandr Solzhenitsyn
Street, 27 Moscow,
Russia
CO NTACT
(+7) 495 912 6503

info@pangea.ru
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 1-3
2352 BZ Leiderdorp
The Netherlands
(+31) 71 581 3505

info@panterra.nl
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, geophysical services
Poland
76 Jagiellonska 03-301,
Warsaw
Poland
(+48) 224 864 100

pgb@pgb.com.pl
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
Dnepropetrovsk
Ukraine
(+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 Gerichte

D-37445 Walkenried,
Germany
(+49) 5525 201 28

AHentschel@perforator.
de
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 Street
London SW1Y 6HH
UK
(+44) 1224 650570

patrick.odonnell
@spdltd.com
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 customers needs. Our teams: design and build oil and gas infrastructure, operate, maintain
and manage assets and train personnel.
PFC Energy
S ERV I C E
S P EC I A L IT Y
Consulting services
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
19 rue du Gnral Foy

75008 Paris
France
CO NTACT
services
CO M PA N Y
NAME
(+33) 147 702 900

www.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 Warsaw
Poland
(+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. Powzkowska 44c

Warsaw
Poland
(+48) 223 260 100
PROCHEM is an engineering company, serving clients in the industrial, building construction and environmental protection sectors that was established in 1947. Specialized in general construction, services include
technology, architecture, construction and building, road work, mechanical and electrical systems, telecommunications, 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 Warsaw
Poland
(+48) 22 523 4000

pwcpoland@pl.pwc.com
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 234
7552 CM Hengelo
The Netherlands
(+31) 74 245 52 00
info@rodelta.com
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.
| 95
CO M PA N Y
NAME
Schlumberger
S ERV I C E
S P EC I A L IT Y
All integrated well

services
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
CO NTACT
Al Jana Pawa II 25
00 - 854 Warsaw
Poland
(+44) 203 320 4900

szwolan@slb.com
Schlumberger, an international oilfield service provider, was founded in 1926 by Conrad and Marcel Schlumberger. 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

future@serafimltd.com
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 Alpes

P.O. Box 2152
Geneva,1211
Switzerland
+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
(+40) 744 319 001

angajari@simcoint.com
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 technology for petroleum engineering. The companys strategy is to develop expertise in computer applications,
designing original software
Spirit Innovative
Technologies
Technology
Netherlands
prof. dr. Dorgelolaan 20

5613 AM Eindhoven
the Netherlands
(+31) 40 23 69 445
sales@spiritIT.com
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 Place
68 Upper Thames Street
London, 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.
S ERV I C E
S P EC I A L IT Y
SSW
Legal advice to oil &

gas and mining entities
CO U NTRY
ACTI V IT Y
Global
A D D RE S S
CO NTACT
services
CO M PA N Y
NAME
(+48) 22 544 87 00
www.ssw.pl
Rondo ONZ 1
00-124 Warsaw
Poland
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
(+44) 207 717 4444

www.tatasteel.com
30 Millbank
London, SW 1P 4 WY
UK
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
(+48) 22 334 41 11
info@tebodin.pl
ul. Tamowa 7
02 - 677 Warsaw
Poland
Tebodin has been on the Polish market for 20 years. Services include integrated design and complex management 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
(+48) 22 612 98 25
techpomp@techpomp.pl
Al. Sztandarw 1/3

04 - 423 Warsaw
Poland
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 setsfor various
applications, customized manifolds, pipes and fittings, according to specific well site arrangement
Tenaris
Line pipe, coiled tubing,

casing, connections
Global
(+1) 713 767 4400

www.tenaris.com
2200 W. Loop S., Suite

800 Houston, TX 77027
USA
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
Rhrenwerke
Seamless pipes,
welded pipes, bending
Germany
Julius-Saxler-Str. 7, 54550
Daun
Germany
(+49) 65 92 7120
service@tpsd.de
TPS - Technitube Rhrenwerke 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.
| 97
CO M PA N Y
NAME
Trinity Corporate
Services
S ERV I C E
S P EC I A L IT Y
Corporate services, HR
CO U NTRY
ACTI V IT Y
Poland, Czech
Republic,
Romania,
Bulgaria
A D D RE S S
Al. Jerozolimskie 56C

00 - 803 Warsaw
Poland
CO NTACT
(+48) 223 799 440

trinity@trinitycs.com
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 administration. 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 Warsaw
Poland
(+48) 22 1162 300 cezary.

filipowicz@uos.pl
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, construction management
Europe
Ul. Rejtana 17,

02-516, Warsaw
Poland
(+48) 224 273 700

ursglobal.info@urs.com
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 54

Kosice, Slovak Republic
(+421) 55 673 9536

ekbeever@sk.uss.com
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 Americas largest integrated steelmakers and the continents
largest producer of energy tubular products.
Vallourec
Pipe and tubing
France
Ave. du Gnral Leclerc

27 92100 France
(+33) 1 49 09 35 00
contact@vallourec.fr
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 Krakw, Poland
(+48) 12 423 38 66
info.poland@veoliawater.
com
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.
S ERV I C E
S P EC I A L IT Y
Weatherford
CO U NTRY
ACTI V IT Y
All integrated well

services
Global
A D D RE S S
CO NTACT
services
CO M PA N Y
NAME
(+48) 226 451 330

eu@weatherford.com
Ul. Krlewska 16
00 - 103, Warsaw
Poland
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
(+48) 126 328 469

sales.pl@weirminerals.
com
Aleja 3 Maja 9,
30-062 Krakw
Poland
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. DAnnunzio, 267

65127 Pescara, Italy
info@wellynx.com
Wellynx is an independent Italian company providing engineering and consultancy services to O&G Companies. 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
(+1) 337 989 9675

marketing@workstrings.
com
1150 Smede Hwy

Broussard, 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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| 99
WHOS
WHO
Unconventional
Hydrocarbon Licensing
in the EU-27
DENMARK, GERMANY, HUNGARY, IRELAND, LITHUANIA,

THE NETHERLANDS, POLAND, ROMANIA, SLOVAKIA, SLOVENIA,
SPAIN, UNITED KINGDOM.
100 | Shale Gas Investment guide | winter 2013

Denmark Germany
Country
Dedicated License Holding

Compnay (DLHC)
Interest
(%)
Concessions
Name
License
Area (km2)
EXP.
Wells
0
0
0
0
Total E&P Denmark BV

A-TEC Anlagentechnik GMBH
Archimedes Facility-Management GMBH
20
20
80
80
100
100
100
100
100
100
100
100
100
100
100
100
L1 / 10
2 / 10
L1 / 10
2 / 10
Ananke
Ganymed
Io
Julix
Kallisto
Lars
Leif
Lennert
Loba
Sabuela
Sinope
Ludersfeld
2,972
2,289
2,972
2,289
11
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Nordsofonden
Nordsofonden
Total SA
Total SA
Archimedes Facility-Management
GMBH
BASF SE
BASF SE
BASF SE
BASF SE
BASF SE
BASF SE
BASF SE
BASF SE
BASF SE
Bayerngas GMBH
Bell Exploration LTD
Wintershall Holding GMBH

Bayerngas GMBH
100
100
100
100
100
100
100
100
100
100
50
325
1,909
1,403
342
2,493
Germany
Germany


50
50
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
BNK Petroleum INC

BNK Petroleum INC
BNK Petroleum INC
BNK Petroleum INC
BNK Petroleum INC
Celtique Energie GMBH
Central European Petroleum LTD
Concorde Energy LLC
BNK Deutschland GMBH

Celtique Energie GMBH
CEP - Central European Petroleum GMBH
100
100
100
100
100
100
100
100
100
100
100
50
Germany
Germany
Concorde Energy LLC

Concorde Energy LLC

50
50
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Dart Energy Europe LTD

Dipl-Ing Stefan Bratschkow
DrillTec GUT GMBH
Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp

DrillTec GUT GMBH
BEB Erdgas und Erdol GmbH & Co KG
100
100
100
100
100
100
50
50
100
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Exxon Mobil Corp

Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp

50
50
50
50
50
50
50
50
100
Germany
Exxon Mobil Corp
50
Germany
Germany
Germany
Germany
Germany
Germany
Exxon Mobil Corp

Exxon Mobil Corp
Exxon Mobil Corp
Exxon Mobil Corp
GDF SUEZ SA
GDF SUEZ SA
50
50
100
50
100
50
Germany
Germany
GDF SUEZ SA
GDF SUEZ SA

GDF SUEZ E&P Deutschland GMBH
Gaz de France Produktion Exploration
Deutschland GMBH GDF PEG
Achim neu
Hameln
Rheinland
Ridderade-Ost
Ruhr
Schwaben
Tannheim
Wildes Moor
Wolfenbuttel
Reudnitz
Bruckmuhl grossr.
Aufsuchung
Saulgau-Wangen
Starnberger See grossr.
Aufsuch.
Adler
Falke
Falke-South
Harz-Borde
Wolfsburg
Pillgram
Anklam
Grimmen 2
Lubben
Ribnitz
Stralsund
Bruckmuhl grossr.
Aufsuchung
Saulgau-Wangen
Starnberger See grossr.
Aufsuch.
Saxon I
Saxon II
Oberschwaben II
Oberschwaben III
Altenheim
Ahrensheide
Bramsche-Erweiterung
Delmenhorst-Elsfleth
Dummersee-Uchte
Zusammenl.
Hamwiede
Harpstedt
Herford
Ibbenburen
Krummhorn
Minden
Misburg
Munsterland-West
Nordrhein-Westfalen
Nord
Schaumburg-Verkleinerung
Scholen
Simonswolde
Taaken Rest
Unterweser
Deidesheim
Edenkoben
100
50
EU 27 Listing
Denmark
Denmark
Denmark
Denmark
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
PARENT COMPANY
Germersheim
Herxheimweyher
889
24
395
1
675
991
1,055
2,003
624
624
938
2,559
2,016
1,479
102
756
675
4
1
391
1,510
429
3
845
232
6,617
1
1
197
| 101
Germany
Country
PARENT COMPANY

Compnay (DLHC)
Interest
(%)
Concessions
Name
License
Area (km2)
Germany
Germany
Germany
Germany
GDF SUEZ SA
GDF SUEZ SA
GDF SUEZ SA
GDF SUEZ SA

100
100
100
100
Germany
GDF SUEZ SA
50
Germany
Germany
GDF SUEZ SA
GDF SUEZ SA
100
50
Leer
Limburgerhof
368
Germany
GDF SUEZ SA

Hochstadt
Hummling
Jemgum
Karlsruhe-Leopoldshafen
Kuhardt
100
1,623
Germany
Germany
Germany
GDF SUEZ SA
GDF SUEZ SA
GDF SUEZ SA
100
100
50
Germany
GDF SUEZ SA
50
Maximiliansau
Germany
GDF SUEZ SA
50
Neulussheim
Germany
Germany
GDF SUEZ SA
GDF SUEZ SA

Lingen Zusammenlegung
Luchow
Ludwigshafen
Mannheim-Kafertal
100
100
Germany
GDF SUEZ SA
50
Offenbach/Pfalz
Rastatt-LichtenauRheinau II
Romerberg
Germany
Germany
Germany
Germany
GDF SUEZ SA
GDF SUEZ SA
GDF SUEZ SA
GDF SUEZ SA SA

Germany
GeoEnergy Feldgesellschaft
100
Germany
Germany
100
100
Bietigheim
Ludwigshafen
Germany
100
Speyerdorf
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
100
100
100
100
100
100
100
100
100
100
Steinfeld
Wesel Gas
Gau-Algesheim
Mainz
Dasbeck
Donar
Hamm-Ost
Hamm-Sud
Hellweg
Rudolf
Hagenbach
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
Alstaden-Gas
Altdendorf-Gas
Ahsen-Gas
Borussia Gas
Donar
Mevissen-Gas
Suderwich-Gas
Wilhelmine Gas
Donar
Herbern-Gas
Norddeutschland-Gas
Rheurdt-Gas
Voerde-Gas
Wehofen-Gas
Kandel
100
100
100
Nasser Berg
Teising
Jade-Weser
Oldenburgische Erdolgesellschaft MBH
100
Jeverland
100
Munsterland
100
Oldenburg
Germany
Germany
Germany
Germany
Germany
Geologie und Bergschaden MBH
GTK Geothermie Kraftwerke GMBH
HammGas GmbH & Co KG
HEEAG Erste Verwaltungsges MBH
& Co KG GDF SUEZ E&P
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Montanes Explorationsgesellschaft
MBH GDF SUEZ E&P Deuts
Nasser Berg GMBH
Nasser Berg GMBH
Oldenburgische Erdolgesellschaft
MBH
MBH
MBH
MBH
Palatina GeoCon GmbH & Co KG
GeoEnergy Feldgesellschaft Bergzabern

MBH
GeoEnergy Feldgesellschaft Illingen MBH
GeoEnergy Feldgesellschaft Speyerdorf
MBH
GeoEnergy Feldgesellschaft Speyerdorf
MBH
GeoEnergy Feldgesellschaft Steinfeld MBH
Geologie und Bergschaden MBH
HEEAG Erste Verwaltungsges MBH & Co KG
GDF SUEZ E&P
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Minegas GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Mingas-Power GMBH
Montanes Explorationsgesellschaft MBH
GDF SUEZ E&P Deuts
Nasser Berg GMBH
Nasser Berg GMBH
Steinhude-Restflache
Vorhop-Sudost
Wettrup-Verkleinerung
Bedekaspel-Erweiterung
Bergzabern

50
50
50
50
50
Edenkoben
Herxheimweyher
Kuhardt
Limburgerhof
Mannheim-Kafertal
Germany
50
Maximiliansau
EXP.
Wells
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
100
100
100
100
727
402
260
475
94
490
521
9
991
54
85
84
52
991
991
106
5,657
Germany Hungary Ireland Lithuania

Country
PARENT COMPANY

Compnay (DLHC)
Interest
(%)
Concessions
Name
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany

Parkyn Energy Germany PEG Limited
PRD Energy GMBH
PRD Energy GMBH
PRD Energy GMBH
RAG Anthrazit Ibbenburen GMBH

PRD Energy GMBH
PRD Energy GMBH
PRD Energy GMBH
RAG Anthrazit Ibbenburen GMBH
50
50
100
100
100
100
100
100
100
100
100
100
100
100
100
Germany
Germany
Germany
Rohol-Aufsuchungs AG
RWE Dea AG
RWE Dea AG
Rohol-Aufsuchungs AG
RWE Dea AG
RWE Dea AG
100
100
100
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWTH Aachen
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Power Aktiengesellschaft
RWE Dea AG
RWE Power Aktiengesellschaft
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWE Dea AG
RWTH Aachen
100
100
100
100
100
100
100
100
100
100
100
100
100
100
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
Germany
San Leon Energy PLC

Shell PLC
Shell PLC
Shell PLC
Shell PLC
Shell PLC
Shell PLC
Shell PLC
Shell PLC
Shell PLC
Shell PLC
Shell PLC
San Leon Energy PLC

100
50
50
50
50
50
50
50
50
50
50
50
Germany
Germany
Germany
Germany
Shell PLC
Shell PLC
Shell PLC
STEAG New Energies GMBH

STEAG New Energies GMBH
50
50
50
100
Germany
Germany
Germany
Germany
Steinadler Hydrocarbons GMBH

Thyssen Vermogensverwaltung GMBH PVG
fur Lagerstatten
Uberlandwerk Gross-Gerau GMBH
Hungarian Horizon Energy
TXM KFT
TXM KFT
RAG Hungary
TXM KFT
RAG Hungary
RAG Hungary
RAG Hungary
RAG Hungary
Enegi Oil PLC
Tamboran Resources PTY LTD
100
100
100
Germany
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Hungary
Ireland
Ireland

Thyssen Vermogensverwaltung
GMBH PVG fur Lagerstatten
Uberlandwerk Gross-Gerau GMBH
Aspect Holdings
Aspect Holdings
Aspect Holdings
Aspect Holdings
Falcon Oil and Gas LTD
Falcon Oil and Gas LTD
JKX Oil and Gas PLC
JKX Oil and Gas PLC
JKX Oil and Gas PLC
JKX Oil and Gas PLC
MOL
NIS
RAG
RAG
RAG
RAG
Enegi Oil
Tamboran Resources
100
50
50
93
50
50
100
50
50
7
50
50
50
50
100
100
100
100
100
Gross-Gerau
Hernad I
Hernad II
Sarkad I
Turkeve IV
Mako
Tisza
Hernad I
Hernad II
Sarkad I
Turkeve IV
Inke
Mako
Inke
Kiskunhalas
Kelebia
Koros
Clare Basin
Northwest Carboniferous Basin
1,827
2,507
53
10
1,376
955
1,827
2,507
53
10
1,129
1,376
1,129
2,461
532
2,900
495
986
Lithuania
Chevron Corp
LL Investicijos
50
Rietavas
1,594
1,497
1,077
331
967
1,134
85
330
260
249
460
657
682
2,061
1,199
1,163
EXP.
Wells
EU 27 Listing
Neulussheim
Romerberg
Biberach
Konstanz
Sittensen
Steinhorst
Wittmund
Ibbenburen-Gas
Graben-Neudorf
Heidelberg-Weinheim
Kinsau
Mindelheim
Mittlerer Oberrhein
Nordlicher Oberrhein
Schwaben-Sud grossr.
Aufsuch.
Chiemgau
Celle
Cuxhaven-Verkleinerung
Drakenburg
Grafing
Hahnenhorn
Harpen-Gas
Heide-Restflache
Phonix
Preetz-Restflache
Rautenberg
Rotenburg
Scharnhorst-Restflache
Verden
Werder
Werder
CBM-RWTH wissensch.
Zwecke
Aschen
Bramsche-Erweiterung
Delmenhorst-Elsfleth
Hamwiede
Harpstedt
Herford
Ibbenburen
Krummhorn
Minden
Misburg
Munsterland-West
Schaumburg-Verkleinerung
Scholen
Simonswolde
Unterweser
Dillingen-SaarbruckenOttweiler
Seeadler
Steinadler
Weinbergen
Wesel Gas
License
Area (km2)
400
900
762
2,380
675
384
380
85
64
2,741
443
450
797
395
467
1,193
232
572
1,053
549
256
789
2,636
2,636
2,165
6
1
0
0
0
| 103
Lithuania NETHERLANDS Poland

Country
PARENT COMPANY

Compnay (DLHC)
Interest
(%)
Concessions
Name
License
Area (km2)
EXP.
Wells
884
1,594
884
1,535
1,929
819
111
1
0
1
0
0
0
0
355
365
111
97
127
1,144
355
0
0
0
0
0
0
0
355
210
450
111
229
584
809
784
1,038
904
209
1,062
625
1,169
1,152
1,154
919
878
1,167
1,193
0
0
0
0
0
Lithuania
Lithuania
Lithuania
Lithuania
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Netherlands
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Minijos Nafta
Odin Energi AS
Odin Energi AS
Odin Energi AS
Cuadrilla Resources LTD
EBN
EBN
EBN
Hexagon Energy
Lundin Netherlands
Northern Petroleum Nederland PLC
PA Resources AB
Tulip Oil
Tulip Oil
Vermilion Energy INC
3Legs Resources PLC
3Legs Resources PLC
3Legs Resources PLC
3Legs Resources PLC
3Legs Resources PLC
3Legs Resources PLC
3Legs Resources PLC
3Legs Resources PLC
BNK Petroleum INC
BNK Petroleum INC
BNK Petroleum INC
BNK Petroleum INC
BNK Petroleum INC
BNK Petroleum INC
Canadian International Oil Corp
Minijos Nafta
LL Investicijos
Minijos Nafta
LL Investicijos
Brabant Resources BV
Hardenberg Resources BV
Vermilion Oil & Gas Netherlands BV
Tulip Oil Netherlands BV
Hexagon Energy BV
Northern Petroleum Nederland BV
Lane Resources Poland SP ZOO
Lane Energy Exploration SP ZOO
Lane Energy Poland SP ZOO
Lane Resources Poland SP ZOO
Indiana Investments SP ZOO
Saponis Investments SP ZOO
Canadian Oil International SP ZOO
50
50
50
50
100
100
40
40
40
100
9.3
100
100
100
30
60
30
100
100
50.7
100
100
100
30
100
30
30
30
100
100
100
26.67
26.67
26.67
100
100
Poland
Poland
Poland
Poland
Poland
Poland
Canadian Oil International SP ZOO

Chevron Polska Energy Resources SP ZOO
Marathon Oil Area A - J SP ZOO
100
100
100
100
100
40
40
Ciechanow
1,186
40
Kwidzy
1,197
40
Lidzbark
1,046
40
Orzechow
1,008
40
Posk S
360
40
Rypin
670
40
Siedlce
740
40
Sokoow Podlaski
834
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Canadian International Oil Corp

Chevron Corp
Chevron Corp
Chevron Corp
Chevron Corp
China National Offshore Oil
Corporation LTD
Corporation LTD
Corporation LTD
Corporation LTD
Corporation LTD
Corporation LTD
Corporation LTD
Corporation LTD
Corporation LTD
ConocoPhillips
ConocoPhillips
ConocoPhillips
Dart Energy LTD
DPV Service SP ZOO
DPV Service SP ZOO
DPV Service SP ZOO
DPV Service SP ZOO
Eni SPA
Eni SPA
Eni SPA
Exxon Mobil Corp
Gargzdai
Rietavas
Gargzdai
Raiseniai
NOORD-BRABANT
NOORDOOSTPOLDER
LEMSTERLAND
DONKERBROEK - MAIN
SCHAGEN
PEEL
LEMSTERLAND
ENGELEN
OOSTERWOLDE
UTRECHT
SCHAGEN
DONKERBROEK - MAIN
SCHAGEN
AKKRUM
HEMELUM
LEMSTERLAND
OPMEER
Bytom-Gliwice
Cedry Wielkie
Damnica
Glinica-Psary
Godkowo
Karwia
Lbork
Stegna
Bytow
Darowo
Sawno
Supsk
Starogard
Trzebielino
Ostrowiec
witokrzyski
Skarysko-Kamienna
Frampol
Grabowiec
Kranik
Zwierzyniec
Brodnica
70
70
70
100
100
100
100
100
100
100
100
100
100
51
Damnica
Karwia
Lbork
ukow
Pionki
Milejw
Korczmin
Lipsko
Opole Lubelskie
Radom
Elblg
Malbork
Mynary
319-320 Chem
784
209
1,062
628
827
372
629
1,192
388
895
574
999
395
1,162
Poland
Poland
Poland
Poland
Poland
Grupa Lotos SA
Grupa Lotos SA
Grupa Lotos SA
Grupa Lotos SA
Grupa Lotos SA

Cuadrilla Poland SP ZOO
Cuadrilla Poland SP ZOO
Milejow LLP SP ZOO
DPV Service SP ZOO
DPV Service SP ZOO
DPV Service SP ZOO
DPV Service SP ZOO
ENI Polska SP ZOO
ENI Polska SP ZOO
ENI Polska SP ZOO
ExxonMobil Exploration and Production
Poland Energia Chelm SP J
Lotos Petrobaltic SA
100
100
100
100
100
Gaz Ponoc
Gaz Poudnie
Gotlandia
eba
Roewie
1,075
887
881
1,154
1,172
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
1,198
1,178
1,195
1,194
824
1,088
1
1
3
1
1
1
1
1
1
1
1
1
1
1
1
1
1
Poland
Country
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Grupa Lotos SA
Grupa Lotos SA
Hutton Energy PLC
Hutton Energy PLC
Hutton Energy PLC
Hutton Energy PLC
Hutton Energy PLC
Hutton Energy PLC
LNG Energy LTD
LNG Energy LTD
LNG Energy LTD
LNG Energy LTD
LNG Energy LTD
MAC OIL
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Marathon Oil Corp
Mitsui & Co LTD
Mitsui & Co LTD
Mitsui & Co LTD
Mitsui & Co LTD
Mitsui & Co LTD
Mitsui & Co LTD
Mitsui & Co LTD
Mitsui & Co LTD
Mitsui & Co LTD
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
Petrolinvest SA
PKN Orlen SA
PKN Orlen SA
PKN Orlen SA
PKN Orlen SA
PKN Orlen SA
PKN Orlen SA
PKN Orlen SA
PKN Orlen SA
PKN Orlen SA
Polskie Gornictwo Naftowe
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA

Compnay (DLHC)
Strzelecki Energia SP ZOO
Olenica LLP
South Prabuty LLP
Wielu LLP
Joyce Investments SP ZOO
Maryani Investments SP ZOO
Mac Oil (Poland) SP ZOO
Silurian SP ZOO
Eco Energy 2010 SP ZOO
Silurian SP ZOO
Wisent Oil & Gas SP ZOO
Silurian SP ZOO
Silurian SP ZOO
Silurian SP ZOO
Orlen Upstream SP ZOO
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
i Gazownictwo SA
Interest
(%)
Concessions
Name
License
Area (km2)
100
100
100
100
25
100
25
25
50
20
20
20
50
100
51
51
51
51
51
100
51
100
51
51
51
9
9
9
9
9
9
9
9
9
100
100
100
31.67
100
100
31.67
31.67
100
100
100
100
31.67
100
100
100
100
100
100
100
100
100
100
Sambia E
Sambia W
Koo
od Zachod
Olenica
Poddbice
Prabuty Poudniowe
Wielu
Iawa
Sawno
Supsk
Starogard
Wgrow
Gdynia
Brodnica
Ciechanow
Kwidzy
Lidzbark
Orzechow
Parczew
Posk S
Posk SE
Rypin
Siedlce
Sokoow Podlaski
Brodnica
Ciechanow
Kwidzy
Lidzbark
Orzechow
Posk S
Rypin
Siedlce
Sokoow Podlaski
Chodel
Czstochowa
Gubczyce
Godap
Grudzidz
Kdzierzyn-Kole
Ktrzyn
Lidzbark Warmiski
Makow Mazowiecki
Opole
Repki
Siemiatycze
Wgorzewo
Beyce
Garwolin
Hrubieszow
Lubartow
Lublin
Sieradz
Wierzbica
Wodynie-ukow
Woomin
172
1,092
888
1,172
809
1,161
645
481
888
746
1,154
919
878
712
252,522
1,088
1,186
1,197
1,046
1,008
1,003
360
245
670
740
834
1,088
1,186
1,197
1,046
1,008
360
670
740
834
189
750
1,156
621
699
994
683
895
699
1,044
882
892
134
1,019
884
415
1,156
967
917
702
1,191
1,180
937
100
173
937
100
192
922
100
193
942
100
Bartoszyce
670
100
Growo Iaweckie
1,094
100
Kartuzy-Szemud
783
100
Kock-Tarkawica
1,028
100
Pakosaw-Krotoszyn
1,096
100
Pionki-Kazimierz
530
100
Ryki-Zyrzyn
426
100
Stara Kiszewa
EXP.
Wells
EU 27 Listing
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
PARENT COMPANY
1,178
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
3
| 105
Poland Portugal Romania

Country
PARENT COMPANY
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Poland
Polskie Gornictwo Naftowe i

Gazownictwo SA
Gazownictwo SA
Gazownictwo SA
Gazownictwo SA
RAG
RAG
RAG
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
Sorgenia SPA
Sorgenia SPA
Sorgenia SPA
Stena Investment SARL
Total SA
Poland
Poland
Poland
Poland
Poland

Exxon Mobil Corp
Poland
Portugal
Portugal
Portugal
Portugal
Portugal
Portugal
Portugal
Portugal
Portugal
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
Romania
San Leon Energy PLC

Galp Energia Group
Oracle Energy
Porto Energy Corp
Porto Energy Corp
Porto Energy Corp
Porto Energy Corp
Porto Energy Corp
Porto Energy Corp
Porto Energy Corp
Chevron Corp
Chevron Corp
Chevron Corp
Chevron Corp
East-West Petroleum Corp
Expert Petroleum
Expert Petroleum
Expert Petroleum
MOL
MOL
MOL
Naftna Industrija Srbije NIS
Raffles Energy Pte
Romgaz
Romgaz
Romgaz
Romgaz
Romgaz
Romgaz
Romgaz
Poland
Poland
Poland
Poland

Compnay (DLHC)
Polskie Gornictwo Naftowe i Gazownictwo
SA
SA
SA
SA
Baltic Oil&Gas SP ZOO
San Leon Czersk
Helland Investments SP ZOO
Gora Energy SP ZOO
Joyce Investments SP ZOO
Aurelian Oil and Gas SP ZOO
Liesa Energy SP ZOO
Olenica LLP
South Prabuty LLP
San Leon Praszka
Aurelian Oil and Gas SP ZOO
San Leon Rawicz
Maryani Investments SP ZOO
Wielu LLP
San Leon Wschowa
Poland Energia Chelm SP J
Poland SP ZOO
Vabush Energy
Petroleos de Portugal - Petrogal
Oracle Energy
Mohave Oil And Gas Corporation
Petroleos de Portugal - Petrogal
Chevron Corp
Chevron Corp
Chevron Corp
Chevron Corp
MOL
MOL
MOL
MOL
MOL
MOL
Zeta Petroleum
Romgaz
Romgaz
Romgaz
Romgaz
Romgaz
Romgaz
Romgaz
Interest
(%)
Concessions
Name
License
Area (km2)
EXP.
Wells
1
100
Tomaszow Lubelski
741
100
Warka-Ursynow
734
100
Wejherowo
731
100
Wiszniow-Tarnoszyn
1,106
26.3
26.3
26.3
100
100
100
100
100
50
100
100
75
75
100
100
100
100
50
75
100
27
27
27
29.7
29.7
29.7
29.7
49
Sawno
Supsk
Starogard
Braniewo S
Czersk
Gdask W
Gniew
Gora
Iawa
Kotlarka
Nowa Sol
Olenica
Prabuty Poudniowe
Praszka
Prusice
Rawicz
Szczawno
Wgrow
Wielu
Wschowa
Sawno
Supsk
Starogard
Godap
Ktrzyn
Lidzbark Warmiski
Wgorzewo
319-320 Chem
1,154
919
878
1,043
702
889
1,191
706
746
213
1,166
1,161
481
1,199
758
742
603
712
888
1,078
1,154
919
878
621
683
895
134
1,162
38
38
38
38
100
Godap
Ktrzyn
Lidzbark Warmiski
Wgorzewo
Misk Mazowiecki
621
683
895
134
1,085
100
50
100
100
50
100
100
100
100
100
100
100
100
100
85
85
85
85
30
30
30
70
70
70
15
15
15
15
50
100
100
100
100
100
100
100
Nida
Aljubarrota - 3
Barreiro
Torres Vedrs 3
Aljubarrota - 3
Rio Maior - 2
Cabo Mondego - 2
So Pedro de Muel - 2
Zambujal
Peniche
Barlad
Adamclisi
Costinesti
VamaVeche
Tria
Baile Felix
Periam
Biled
Voivozi
Adea
Curtici
Voivozi
Adea
Curtici
Tria
Baile Felix
Periam
Biled
Suceava
Transilvania Nord
Transylvania Center
Transilvania Sud
North Moldova
Moldova South
Muntenia Nord Est
Muntenia Center
1,167
512
855
1,269
512
1,274
630
518
907
193
6,350
900
900
900
1,000
1,000
1,000
1,000
1,145
1,145
1,145
1,145
1,145
1,145
1,000
1,000
1,000
1,000
2,403
1
1
1
1
1
1
2
1
1
1
1
1
1
1
1
2
1
0
0
1
Romania Slovakia Slovenia Spain

Country
PARENT COMPANY

Compnay (DLHC)
Interest
(%)
Romgaz
Sterling Resources
Transatlantic Petroleum
Zeta Petroleum
Geokos OOD
JKX Oil & Gas PLC
JKX Oil & Gas PLC
JKX Oil & Gas PLC
Nafta AS
Nafta AS
Nafta AS
Romgaz
Zeta Petroleum
Geokos OOD
Aurelian Oil & Gas SRO Slovakia
Nafta AS
Nafta AS
Nafta AS
100
50
50
50
100
25
25
25
100
100
100
Slovakia
Slovakia
Slovakia
Slovakia
Slovakia
Slovakia
Slovakia
Slovenia
Slovenia
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
ROMGAZ SA
ROMGAZ SA
ROMGAZ SA
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
Topgas Slovakia SRO
Ascent Resources
Petrol
Basque Energy Board
Basque Energy Board
Basque Energy Board
Basque Energy Board
Basque Energy Board
Basque Energy Board
Basque Energy Board
Basque Energy Board
Basque Energy Board
Basque Energy Board
Basque Energy Board
BNK Petroleum INC
BNK Petroleum INC
BNK Petroleum INC
Cambria Europe
Cambria Europe
Cambria Europe
Cambria Europe
CBMRESA
Compania Petrolifera de Sedano
Enegas SA
Greenpark Energy Espana SA
Heyco Energy Group INC
Hulleras del Norte SA
Hunosa
Invexta Resources LTD
Leni Gas & Oil PLC
Northern Petroleum LTD
Oil & Gas Capital SL
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Petroleum Oil & Gas Espana SA
Portland Gas Esp SL
Pyreenes Energy Spain SA
Repsol SA
Repsol SA
Repsol SA

Topgas Slovakia SRO
Geoenergo DOO
Geoenergo DOO
Sociedad de Hidrocarburos de Euskadi SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Trofagas Hidrocarburos SL
CBMRESA
Enegas SA
Greenpark Energy Espana SA
Hulleras del Norte SA
Petroleum Oil & Gas Espana
Ayoopco LTD
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Oil & Gas Skills SA
Portland Gas Esp SL
Repsol Investigaciones Petroliferas SA
25
25
25
50
50
50
100
75
25
44
33.78
33.78
33.78
33.78
33.78
33.78
44
44
100
44
100
100
100
20
20
20
20
100
100
100
100
36
36
36
36
100
40
100
100
100
100
100
100
100
100
100
13.51
13.51
13.51
13.51
13.51
13.51
50
50
100
100
50
100
10
10
100
100
100
100
40
100
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Oltenia
SudCraiova
SudCraiova
Suceava
Burda
Snina
Medzilaborce
Svidnk
Baantnica
Gbely
Vchodoslovensk
nina
Snina
Medzilaborce
Svidnk
Snina
Medzilaborce
Svidnk
Kemarok
Petiovci
Petiovci
ANGOSTO-1
CAMEROS-2
EBRO-A
EBRO-B
EBRO-C
EBRO-D
EBRO-E
ENARA
MIRUA
SAIA
USOA
ARQUETU
URRACA
SEDANO
ANGOSTO-1
ENARA
MIRUA
USOA
BOAR-CISTIERNA
HUERMECES
REUS
PISUERGA
ANGOSTO-1
ENARA
MIRUA
USOA
MORCIN-1
GRANDA
ARIES-1
ARIES-2
VALDERREDIBLE
BASCONCILLOS H
PENLOPE
ULISES-2
ULISES-3
ESCORPIO
LEO
CAMEROS-2
EBRO-A
EBRO-B
EBRO-C
EBRO-D
EBRO-E
BEZENA
BIGUENZO
HORQUILLA
LES PINASSES
GRANDA
GUADALQUIVIR
BEZENA
BIGUENZO
ANISA
CARLOTA
PLACIDO
BERDUN
BIGUENZO
LUENA
License
Area (km2)
EXP.
Wells
EU 27 Listing
Romania
Romania
Romania
Romania
Slovakia
Slovakia
Slovakia
Slovakia
Slovakia
Slovakia
Slovakia
Concessions
Name
4,000
4,000
2,403
180
961
721
760
452
940
968
961
721
760
961
721
760
583
100
100
261
35
217
948
632
948
1,011
759
752
498
727
249
948
348
261
759
752
727
379
121
257
428
261
759
752
727
125
187
1,006
1,006
241
194
272
408
272
201
403
35
217
948
632
948
1,011
878
917
965
128
187
137
878
917
261
253
379
759
917
746
1
1
| 107
Spain United Kingdom

Country
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
Spain
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
PARENT COMPANY
Repsol SA
Repsol SA
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
San Leon Energy PLC
Schuepbach Energy
Schuepbach Energy
Storengy Espana SL
Union Fenosa Gas Exploracion y
Produccion SA
Produccion SA
Produccion SA
Produccion SA
Produccion SA
Produccion SA
Vancast Exploracion
Vancast Exploracion
Vancast Exploracion
Adamo Energy UK LTD
Aimwell Energy LTD
AJ Lucas Group LTD
AJ Lucas Group LTD
AJ Lucas Group LTD
AJ Lucas Group LTD
AJ Lucas Group LTD
AJ Lucas Group LTD
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Alkane Energy PLC
Altwood Petroleum LTD
Angus Energy LTD
Angus Energy LTD
Angus Energy LTD
Angus Energy LTD
Aurora Petroleum LTD
BG Group PLC
Biogas Technology LTD
Blackland Park Exploration LTD
Cairn Energy PLC

Compnay (DLHC)
Interest
(%)
Concessions
Name
License
Area (km2)

Frontera Energy Corporation SL
Schuepbach Energy
Schuepbach Energy
Storengy Espana SL
Oil & Gas Skills SA
40
100
100
100
100
100
85
85
100
52.7
BEZENA
TURBN
AQUILES
CRONOS
GMINIS
LIBRA
RUEDALABOLA
TESORILLO
ALBERO
CAMEROS-2
878
569
1,024
970
479
379
207
620
896
35
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
Petroleum Oil & Gas Espana

Schuepbach Energy
Schuepbach Energy
Coastal Oil and Gas LTD
Northdown Energy LTD
Cuadrilla Weald LTD
Cuadrilla Elswick LTD
Cuadrilla Bowland LTD
Cuadrilla Balcombe LTD
Cuadrilla Weald LTD
Cuadrilla Resources
Seven Star Natural Gas LTD
Alkane Energy UK LTD
Eastern Pegasus LTD
Regent Park Energy LTD
Courage Energy UK LTD
Cuadrilla Resources
Cuadrilla Weald LTD
Europa Oil & Gas LTD
Egdon Resources UK LTD
Angus Energy Weald Basin No 3 LTD
Angus Energy Weald Basin No 3 LTD
Aurora Exploration UK LTD
Island Gas LTD
BG International LTD
Alta Quest Energy Corporation UK LTD
10
15
15
50
10
96
91
75
100
100
96
100
100
100
100
100
100
50
50
100
100
100
50
50
100
100
100
100
100
100
50
100
4
4
4
4
4
4
1.6
10
10
100
100
100
18.75
8.33
18.75
51
100
100
100
100
80
50
50
50
50
15
GRANDA
RUEDALABOLA
TESORILLO
PEDL218
PEDL245
EXL189
EXL269
PEDL165
PEDL244
PEDL247
PL55
PL213
AL10
EXL253
EXL288
PEDL1
PEDL11
PEDL14
PEDL141
PEDL169
PEDL191
PEDL202
PEDL254
PEDL255
PEDL37
PEDL39
PEDL40
PEDL43
PEDL56
PEDL57
PEDL90
PL161
PL55
EXL189
EXL269
EXL288
EXL288
PEDL141
PEDL143
PEDL118
PEDL203
PL235
PL241
PEDL164
PEDL237
PEDL70
PL90
PEDL133
EXL203
EXL276
EXL141
EXL294
PEDL209
PEDL90
PL199
PL215
PL215
PEDL118
EXP.
Wells
187
207
620
1,180
92
331
4
1
United Kingdom
Country
Cairn Energy PLC

Cairn Energy PLC
IGas PLC
Celtique Energy Holdings LTD
Centrica PLC
Centrica PLC
Cirque Energy UK LTD
Corfe Energy LTD
Corfe Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dart Energy LTD
Dorset Exploration LTD
Ecorp International LLC
Ecorp International LLC
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Eden Energy LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD

Compnay (DLHC)
Caithness Oil LTD
Celtique Energie Petroleum LTD
Celtique Energie Weald LTD
Cuadrilla Bowland LTD
CENTRICA
Cirque Energy UK LTD
Island Gas LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
BG International LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
Dart Energy Forth Valley LTD
Dart Energy Forth Valley LTD
Dart Energy East England LTD
GP Energy LTD
GP Energy LTD
Dart Energy West England LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
GP Energy LTD
Egdon Resources
GP Energy LTD
GP Energy LTD
Eden Energy UK LTD
UK Methane LTD
UK Methane LTD
Eden Energy UK LTD
Eden Energy UK LTD
UK Methane LTD
UK Methane LTD
UK Methane LTD
Eden Energy UK LTD
Eden Energy UK LTD
Eden Energy UK LTD
Eden Energy UK LTD
Northern Petroleum GB LTD
GP Energy LTD
GP Energy LTD
NP Weald LTD
Interest
(%)
15
10
65
33.33
25
33.33
100
32.5
50
50
50
50
50
25
100
100
10
12.5
100
100
100
100
100
100
49
60
60
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
10
30
30
100
50
50
50
50
50
50
100
100
50
50
50
50
50
50
50
50
10
100
10
10
46
38.4
10
33.33
Concessions
Name
PEDL203
PEDL5
PEDL158
PEDL180
PEDL181
PEDL182
PEDL197
PEDL201
PEDL231
PEDL232
PEDL234
PEDL241
PEDL243
PEDL165
PL234
EXL294
PEDL70
PEDL201
AL10
EXL273
EXL284
EXL288
EXL290
PEDL12
PEDL133
PEDL139
PEDL140
PEDL146
PEDL147
PEDL159
PEDL161
PEDL163
PEDL173
PEDL174
PEDL176
PEDL178
PEDL179
PEDL186
PEDL187
PEDL188
PEDL189
PEDL195
PEDL196
PEDL198
PEDL200
PEDL207
PEDL210
PEDL211
PL162
PEDL185
PL90
PEDL139
PEDL140
PEDL212
PEDL214
PEDL215
PEDL216
PEDL217
PEDL219
PEDL220
PEDL221
PEDL223
PEDL226
PEDL227
PEDL228
PEDL249
PEDL250
PEDL251
PEDL252
PEDL118
PEDL126
PEDL130
PEDL139
PEDL140
PEDL141
PEDL143
PEDL155
PEDL180
License
Area (km2)
EXP.
Wells
EU 27 Listing
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
PARENT COMPANY
100
540
40
200
100
400
94
300
110
300
1,180
100
75
48
34
51
10
86
331
100
141
276
100
295
112
300
32
54
200
64
100
80
80
100
100
100
75
75
109
28
120
100
42
200
100
141
122
100
141
92
53
100
| 109
United Kingdom
Country
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
PARENT COMPANY
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Egdon Resources LTD
Europa Oil & Gas PLC
Fairfax Shelfco
Fairfax Shelfco
First Oil Expro PLC
First Oil Expro PLC
His Grace the Duke
of Devonshire
Iberdrola SA
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Igas PLC
Low New Biggin Oil
Maersk Oil North Sea UK LTD
Magellan Petroleum Corp
Midmar Energy LTD
Montrose Industries LTD

Compnay (DLHC)
Interest
(%)
Concessions
Name

Egdon Resources PLC
NP Weald LTD
Island Gas LTD
Fairfax Shelfco 307 LTD
Fairfax Shelfco 320 LTD
His Grace the Duke of Devonshire
25
33.33
32.5
50
75
55
7.5
50
60
7.5
75
40
26.67
45
100
100
40
75
33.34
50
33.34
100
100
26.25
26.25
100
PEDL181
PEDL182
PEDL201
PEDL203
PEDL206
PEDL237
PEDL240
PEDL241
PEDL253
PEDL256
PEDL5
PEDL68
PEDL70
PL90
DL1
DL3
PEDL143
PEDL150
PEDL180
PEDL181
PEDL182
PEDL236
PEDL225
PL90
PEDL237
CE1
Scottishpower Generation LTD

Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas Singleton LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Island Gas LTD
Low New Biggin Oil LTD
Perenco Oil and Gas LTD
Magellan Petroleum UK LTD
NP Weald LTD
Magellan Petroleum UK LTD
NP Weald LTD
Midmar Energy LTD
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
50
100
100
100
100
50
100
100
100
100
50
100
100
100
90
100
100
100
100
100
7.5
40
100
40
50
50
50
22.5
50
100
40
100
5
PL162
AL9
DL2
DL4
ML18
ML21
ML3
ML4
ML6
ML7
ML7
PEDL107
PEDL115
PEDL145
PEDL184
PEDL190
PEDL193
PEDL21
PEDL233
PEDL235
PEDL40
PEDL56
PEDL6
PEDL70
PEDL78
PL178
PL179
PL182
PL199
PL199
PL199
PL205
PL211
PL220
PL233
PL240
PL249
PEDL199
PL89
PEDL126
PEDL137
PEDL155
PEDL231
PEDL232
PEDL234
PEDL240
PEDL243
PEDL246
PEDL256
PEDL248
PEDL240
License
Area (km2)
EXP.
Wells
540
40
100
7
110
45
92
110
100
540
40
211
232
102
386
386
296
232
122
99
53
400
94
300
7
300
44
45
7
United Kingdom
Country
PARENT COMPANY
Moorland Energy LTD
Newton Energy Corp
Newton Energy Corp
Newton Energy Corp
Newton Energy Corp
Northern Petroleum PLC
Norwest Energy
NWE Mirrabooka UK PTY LTD
Onshore Production Services LTD
Perenco Oil & Gas
Perenco Oil & Gas
Perenco Oil & Gas
Petronas Energy Trading LTD
Premier Oil UK LTD
Rathlin Energy UK LTD
Reach Oil & Gas
Red Rose Infrastructure LTD
Sonorex Oil and Gas LTD
Stelinmatvic Industries LTD
Sterling Resources
Summit Petroleum Dorset LTD
Talisman North Sea LTD
Terrain Energy LTD
Terrain Energy LTD
Terrain Energy LTD
Terrain Energy LTD
Terrain Energy LTD
Third Energy
Third Energy
Third Energy
Third Energy
Third Energy
Third Energy
Third Energy
Trap Oil LTD
UK Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
UK Onshore Gas LTD
Union Jack Oil PLC
Valhalla Oil and Gas
Warwick Energy
Warwick Energy
United Kingdom
Warwick Energy
United Kingdom
Warwick Energy
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
Warwick Energy
Wessex Exploration PLC
Wessex Exploration PLC
Wingas GMBH
Yorkshire Exploration LTD

Moorland Exploration LTD
Newton Energy UK LTD
NP Weald LTD
NP Weald LTD
Island Gas LTD
Island Gas LTD
Perenco Oil and Gas UK LTD
Humbly Grove Energy LTD
Rathlin Energy UK LTD
Reach Coal Seam Gas LTD
Harworth Power Generation LTD
Viking UK Gas LTD
Viking UK Gas LTD
Viking UK Gas LTD
Viking UK Gas LTD
Viking UK Gas LTD
Viking UK Gas LTD
Viking UK Gas LTD
Trap Oil LTD
UK Gas LTD
UK Methane LTD
UK Methane LTD
UK Methane LTD
UK Methane LTD
UK Methane LTD
UK Methane LTD
UK Methane LTD
Valhalla Oil and Gas LTD
Warwick Integrated Methane
Production LTD
Warwick Integrated Methane
Production LTD
Warwick Energy Exploration
and Production LTD
Wingas Storage UK LTD
Interest
(%)
Concessions
Name
License
Area (km2)
40
5
95
100
100
50
50
90
50
50
50
65
52.5
5
10
50
75
50
50
100
100
49.615
100
30.385
100
100
100
100
100
20
47
7.5
5
25
12.5
25
25
15
100
100
100
100
100
100
100
35
50
100
100
100
50
50
50
50
50
50
50
50
50
50
50
50
50
50
10
25
5
96
PEDL253
PEDL68
PEDL120
PEDL204
PEDL208
PEDL254
PEDL255
PEDL245
PEDL126
PEDL155
PEDL233
PEDL240
PEDL256
PEDL70
PL211
PEDL238
PEDL239
PL215
PL215
ML5
PL259
PL89
PL116
PL89
PEDL183
PEDL162
EXL250
PEDL157
PEDL224
PEDL209
PEDL68
PL89
PL89
PEDL118
PEDL201
PEDL203
PEDL206
PEDL5
AL6
DL5
PEDL177
PL77
PL79
PL80
PL81
PEDL158
PEDL14
PEDL100
PEDL148
PEDL149
PEDL214
PEDL215
PEDL216
PEDL217
PEDL218
PEDL219
PEDL220
PEDL226
PEDL227
PEDL228
PEDL249
PEDL250
PEDL251
PEDL252
PEDL201
PEDL150
EXL269
EXL288
96
EXL288
PEDL120
232
20
50
25
100
8
PEDL143
PEDL238
PEDL239
PEDL5
PEDL68
EXP.
Wells
EU 27 Listing
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom
United Kingdom

Compnay (DLHC)
92
208
171
232
122
53
7
45
208
171
100
100
110
| 111
Shale Gas Investment Guide
LAUNCH PARTY
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.
p h o t o g r a p h y B Y K M RAT S C H K A
Terry ODwyer of Terrapinn at

center, speaking about Shale Gas
World Europe
A wine tasting was organized by Andrzej Strzelczyk

an award winning sommelier
Guests enjoy dinner at the

Boathouse Restaurant
Maja Tobiasz and

Piotr Spaczyski of SSW law firm
Magorzata Chodur of Veolia Water at the wine tasting
Tomasz Baraczyk a partner with

PwC consulting company
PICTORIAL
Boathouse Restaurant where the business mixer was held

John Buggenhagen represented San Leon Energy
as a member of the Poland Shale Coalition
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.
Ralf Plesky of Tenaris
Eight types of wine from Romania, Italy, Argentina and the USA, as well as sake from
Japan and tequilla from Mexico were tasted
| 113
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
marketing@exalo.pl
Exalo Drilling S.A.

Experience
Synergy
Quality

SGIG

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SHALE GAS

POLAND SHALE COALITION | INDICATORS | WHOS WHO IN EUROPEAN SHALE

BakerCorp Poland Sp. z o.o.

BakerCorp offers mobile storage

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

4 | Shale Gas Investment guide | Winter 2013

Tenaris provides field service support in the

Integrated Solutions for Unconventional Applications.

and every customers challenge is unique. Providing

to minimize risk and maximize efficiency, we offer

integrated product and service solutions for every

stage of shale operations. Our TenarisHydril premium

and compression for challenging extended reach

teams are available 24/7, backed by global networks

27-28 November 2013

Apex Contracting provides a range of energy services,

Bireta provides technical translation services up to

C.H. Robinson is a third party logistics (3PL)

Hays is the worlds leading company in recruiting

The Poland Shale Coalition (PSC) is an industry

TECH-POMP SERWIS was founded to provide best

Linde Gaz Polska is the company specialized in the

For contact information please visit the directory from page 72

6 | Shale Gas Investment guide | Winter 2013

Creating Solutions for Shale gas Operations

Seminar Conference Floor

the Ukrainian Steppe

8 | Shale Gas Investment guide | Winter 2013

Since she was jailed, Ukraine has decided to

Cleantech Poland LLC

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OPERATIONS UPDATE: Everyone seems headed to ukraine

GEOLOGICAL OVERVIEW BY PAWE POPRAWA

To become a partner for the magazine,

The American Chamber of Commerce (AmCham)

Poland Shale Coalition

12 | Shale Gas Investment guide | Winter 2013

Tax and Legal Advisory

Wojciech Sowiski Partner

Tomasz Baraczyk Partner

14 | Shale Gas Investment guide | Winter 2013

source: Cleantech Poland

unconventional oil and gas

Lubocino - 1, Lubycza Krlewska - 1, Markowola -1,

Krupe - 1, Siennica - 1**

Wytowno S - 1, Lbork S - 1, Starogard S - 1

Grabowiec - 6, Frampol - 1, Zwierzyniec -1, Kranik -1

Syczyn - OU1, Berejw - OU1, Syczyn OU2K, Godzik-OU1,

ORZ Cycw - 01, SIE - Domanice - 01, RYP - Lutocin - 01,

Bgard - 1, Stare Miasto - 1, Kamionka - 1

Siciny - 2, Belvedere - 1**, Chopin - 1**, Lelechw SL - 1,

Preese Hall 1, Grange Hill 1Z,

large financial expenditure needs, political

ebie LE - 1, Warblino - 1H, ebie LE - 2H,

* Overall ** On a relinquished concession

 Between environmental concerns,

new since May 2013

change over time

Change over time

source: ministry of environment based on

* Pressure pumping capacity in hydraulic horsepower

 The price discrepancy between US and EU gas remains

Source (August 6, 2013)

Light Sweet Crude Oil (WTI) Futures

Siciny - 2, Belvedere - 1, Chopin - 1, Lelechw SL - 1,

Between environmental concerns,

The price discrepancy between US and EU gas remains

Poland is under pressure to install new

The Polish government