Composite Energy 3rd Exploration Well in Poland

Composite Energy completed the 3rd exploration well which fulfils the obligations of Phase 2 of the Chelm and Werbkowicze concessions granted by the Polish Authorities in 2008. A decision as to whether Composite Energy will seek to enter the 3rd Phase of the concessions will be taken before December 31st 2010 and will follow a full evaluation of drilling results.

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