Thursday, February 2, 2012

Will ExxonMobil’s Polish Failure have a ripple effect on European Shale Operators?

Poland has the largest shale exploration potential in Europe by virtue of its attractive geology and by the Polish Government offering lucrative fiscal terms to prospectors. International majors, including ExxonMobil, Marathon Oil Corp, Chevron Corp and Talisman Energy Inc, are probing Poland’s shale deposits to ascertain if drilling techniques that revolutionized US gas production can unleash reserves big enough to supply Polish demand for more than three centuries. Continue reading here..

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