SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (152938)6/17/2011 4:10:47 PM
From: CommanderCricket  Respond to of 206085
 
Great news for FXEN.

Thought for minute there, FXEN was going to peg at $7.5



To: Dennis Roth who wrote (152938)8/20/2011 11:09:44 AM
From: Dennis Roth2 Recommendations  Read Replies (2) | Respond to of 206085
 
Polish shale gas production may start in 5 yrs-report
reuters.com

WARSAW | Sat Aug 20, 2011 5:22am EDT

WARSAW Aug 20 (Reuters) - Large scale shale gas production in Poland could start in five years, earlier than expected, Lane Energy head in Poland Kamlesh Palmar told Rzeczpospolita daily on Saturday.

Palmar added Lane Energy, which holds shale gas licences in northern Poland, will know more about potential scope for production on its fields in November after results from current test drills.

However, Palmar added it is still too early to estimate potential profitability of unconventional gas production in Poland, a key factor for wider investments in the sector.

So far analysts and government officials were rather cautious in naming dates for shale gas production in Poland, expecting it to start in 8-10 years from now.

According to a recent study by the U.S. Energy Information Administration, Poland's technically recoverable reserves of shale gas are the biggest in Europe at an estimated 5.3 trillion cubic metres.

Major oil and gas companies mainly from the United States including Chevron and Exxon Mobil , as well as local gas monopoly PGNiG , have bought licences to search for unconventional gas in northern and eastern Poland. (Reporting by Patryk Wasilewski; editing by James Jukwey)

Related News
Analysis & Opinion
Related Topics