BNK Boosts German Acreage

摘要

California-based shale gas explorer BNK Petroleum said Monday it has been awarded the Weinbergen oil and gas concession totaling some 535,000 acres in the southeast German state of Thuringia, taking its total acreage in Europe to some 4.4 million net acres (17,806 sq km) in five separate basins (IOD Sep.21’11). The Weinbergen concession, along with the previously awarded Seeadler and Steinadler concessions, target a fractured carbonate play within a proven hydrocarbon system. Canada-listed BNK said the project has potential for wet gas and liquids-rich production.