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  1. LNG Energy increases Polish shale gas acreage

    Source: LNG Energy LNG Energy Ltd. (TSX-V:LNG) has entered into an agreement to acquire a 50% interest in Joyce Podlasie LLC and a 50% interest in Maryani Podlasie LLC from Source Energy Partners LP for US$4 million.  Joyce indirectly holds an undivided 100% interest in the Ilawa Concession in Poland and Maryani indirectly holds an undivided 100% interest the Wegrow Concession in Poland. The remaining 50% of Joyce and Maryani are both owned by Realm Energy (BVI). Together the Ilawa and Wegrow Concessions comprise approximately 360,000 acres and will increase LNG's net Polish shale gas acreage by approximately 180,000 acres. This acquisition provides LNG one of the larger acreage positions in the Baltic Basin.  LNG Energy will assume Source's obligations and pro rata 50% financial commitments in the concessions. These financial commitments are limited in 2011 and 2012 and do not require drilling or major capital expenditures. The closing of this acquisition is subject to a number of conditions, including the completion of due diligence, and is scheduled to close on February 14, 2011.  The Baltic Basin in Poland is one of the most exciting and prospective shale gas development arenas in Europe. These two new concessions along with LNG's existing acreage are within the core of the Baltic shale gas basin activities, adjacent to or in close proximity to the concessions being evaluated by ExxonMobil, Marathon, ConocoPhillips, ENI, Talisman and LNG through its ownership in Saponis Investments ("Saponis"). LNG will now participate in over 1,100,000 acres of core Baltic Shale acreage, increasing LNG's existing net land position from the 146,000 acres in Saponis to approximately 326,000 acres with this acquisition. During 2011, in Poland LNG will be participating in three vertical wells in the basin through its ownership of Saponis, the first of which is currently nearing the end of drilling operations. New and reprocessed existing 2D seismic will be undertaken to further LNG's technical understanding of the Silurian/Ordovician gas bearing shale intervals within the newly acquired Ilawa and Wegrow concessions. "The current drilling and development activities in Poland will be of substantial benefit to LNG over 2011 and 2012 as numerous new wells are drilled in the basin by various operators," commented Dave Afseth, President & CEO of LNG. "We are seeing very encouraging information from our first well being drilled and are excited about the technical characteristics, initial response and economic gas prospectivity of these shales as they are rapidly defined and developed in the basin." LNG is a Canadian exploration and development company focused on developing oil and gas reserves in Papua New Guinea, Poland and the US. LNG holds a 100% interest in approximately 5.5 million acres of prospective oil and gas properties in Papua New Guinea. LNG has a 20% net interest in approximately 734,000 gross acres of prospective shales in Poland together with BNK Petroleum Inc., Sorgenia E&P S.p.A., and Rohol-Aufsuchungs Aktiengesellschaft and a 100% net interest in BWB Exploration, LLC ("BWB"), which holds approximately 2,217 acres of oil and gas leases in Carter County, Oklahoma and an estimated 28,757 acres of leases in the Black Warrior Basin of Mississippi and Alabama.

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    Mon, 7 Feb 2011

  2. LNG Energy announces Bulgarian well reaches TD with gas shows and initial Polish Stargoard well data

    LNG Energy Ltd. is pleased to announce that the Peshtene R-11 well in Bulgaria has been successfully drilled to its total depth of 3,190 meters under the farm-in agreement with TransAtlantic Worldwide Ltd.

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    Mon, 9 Jan 2012

  3. Louisiana LNG Energy secures funding

    Louisiana LNG Energy LLC (LLNGE) has secured funding from an affiliate of ArcLight Capital Partners LLC for LLNGE's mid-scale LNG export terminal currently under development in Louisiana along the Mississippi River.

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    Mon, 12 May 2014

  4. Poland: LNG Energy spuds Baltic shale well

    The Poland subsidiary of LNG Energy Ltd., Vancouver, BC, has spud the Wytowno S-1 shale gas exploratory well in the Baltic basin in Poland.

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    Mon, 10 Jan 2011

  1. TransAtlantic Petroleum, LNG Energy enter shale agreement in Bulgaria

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    Fri, 23 Sep 2011

  2. LNG Energy completes drilling shale gas well in Poland

    During drilling, numerous gas shows were recorded over 285 meters of the Lower Silurian, Ordovician and Cambrian shales onshore Poland.

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    Tue, 26 Apr 2011

  3. LNG Energy adds to management

    LNG Energy Ltd. has added three people to management positions to support the company's development projects in Poland and Papua New Guinea.

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    Fri, 10 Jun 2011

  4. LNG Energy hires Polish country manager

    LNG Energy Ltd., Vancouver, BC, has hired Patrycja Kujawa as manager, commercialization and business development in Poland, based in Warsaw.

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    Wed, 27 Apr 2011

  5. Gulf LNG companies seek FERC approval for Louisiana project

    Gulf LNG Liquefaction Co. (GLLC) and Gulf LNG Energy (GLE) on June 19 collectively filed an application with the Federal Energy Regulatory Commission (FERC) requesting authority to construct and operate new natural gas liquefaction and export facilities at GLE’s existing liquefied natural gas (LNG) ...

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    Mon, 22 Jun 2015

  6. Louisiana LNG lets FEED contract to Bechtel for export site

    Louisiana LNG Energy LLC (LLNG) selected Bechtel Corp. to provide front-end engineering and design for a 2-million tonne/year liquefaction plant and LNG export terminal in Louisiana, south of New Orleans near Mile Marker 46 on the east bank of the Mississippi River.

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    Wed, 8 Oct 2014

  7. LNG completes 2D seismic acquisition in Papua New Guinea, plots prospects

    LNG Energy Ltd. has completed the acquisition of 27 kilometers of 2D seismic on LNG's 100% working interest PPL 319 in Papua New Guinea. 

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    Wed, 4 Aug 2010

  8. Golar contracts FSRU conversion

    Golar LNG Energy has contracted Jurong Shipyard to convert the LNG Khannur into a floating storage and regasification unit to be named West Java FSRU .

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    Mon, 25 Apr 2011

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