http://www.canadianbusiness.com/article/76360--estimate-cuts-poland-s-usable-shale-gas-reserves-to-under-768-billion-cubic-meters
Not so long ago...the USA estimated Poland's potential shale gas reserves at a vast 5.2 trillion cubic meters.
Those numbers had Warsaw licking its lips...over a future free from dirty coal and an unreliable Moscow.
New official Polish estimates...come in between 346 and 768 billion...less than a 10th...of the previous hyped guesstimate.
At the high end...nat gas potential is still enough for 65 years...with maybe 10 years of shale oil.
Now...the real question is...will the dozens of energy internationals anxiously crowding into Poland to explore for nat gas and shale oil...stay even with mixed recent results...and much less upside?
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.
- BRASIL: Contract To Build Belo Monte Dam Is Awarded; Bloodshed Threatened.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- RUSSIA / GERMANY : Nein! Germany Withdraws Quadriga Prize For Putin.
- CHILE / NEW ZEALAND: Santiago Eyes Volcanos For Geothermal Energy.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- COLOMBIA / PERU / CHILE / MEXICO: New "Pacific Alliance" Begins.
- CHILE: Trapped Miners Seek $541k Each in Negligence Lawsuit.
