http://in.reuters.com/article/2012/06/18/us-poland-shale-idINBRE85H1CT20120618
Warsaw's hope of escaping energy dependence on Russia...with massive new finds from shale nat gas...has been dealt a serious blow.
USA energy giant Exxon announced it is ending its exploration projects there...after 2 test drillings came up dry.
XON still controls 4 exploration licenses..and 2 jointly with Total.
Exxon claims commercial exploitation of Polish shale gas is at least 5 years away.
So far...Poland has issued 112 exploration licenses.
Other energy firms...including Chevron and Total...say they are still committed to Polish shale gas.
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