Joel Price, the chief operating officer of San Leon Energy (LON:SLE), says that the test results for the Rawicz-12 well in Poland is ‘at the top end of our expectations’.
Speaking to Proactive Investors, Price says the company must now finish planning the next well, which he says should have a ‘significantly higher flow rate’ because there is more contact with the reservoir.
‘Gas prices are very buoyant in Poland,’ says Price. ‘Gas hasn’t suffered in the way oil has,’ he adds.
