San Leon has completed the hydraulic fracture stimulation programme and testing of the Rogity-1 well on the Braniewo S Concession (the "Concession") in Poland's northern Baltic Basin. This three-stage frac and testing programme (the "Programme") at Rogity-1 was performed as part of the farm-out agreement (FOA) with Wisent Oil & Gas plc (Wisent), under which Wisent was required to design, perform, and fund the costs of the Programme including testing each zone.
The objective of the Programme was to understand the fraccability and potential for commercial oil production from the middle Cambrian sandstone, the Ordovician shale/carbonate, and the Lower Silurian shales. United Oil Field Services ("UOS") was contracted to perform the Programme. Wisent has completed all of its obligations under this initial stage of the FOA giving it the option to drill, stimulate and test a horizontal well to earn a 45% working interest in the Braniewo S Concession.