San leon backs out of Polish exploration acreage

摘要

Warsaw-San Leon Energy said Tuesday it is relinquishing 12 conventional oil and gas concessions in Poland to concentrate on appraisal, development and production to secure near-term operational cash flow. San Leon said the Czersk, Budzow, Ilawa, Praszka and blocks 437,438, 456, 457 in the Bieszczady area are being removed from its portfolio, as well as its interest in partial blocks 416, 417 and 436 in Bieszczady.