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 (162516)1/19/2012 6:24:18 AM
From: Dennis Roth1 Recommendation  Respond to of 206159
 
Minijos Nafta Plans First Lithuanian Shale-Gas Well This Year
By Milda Seputyte - Jan 18, 2012 6:27 AM ET Wed Jan 18 11:27:01 GMT 2012
bloomberg.com

Minijos Nafta UAB, a Lithuanian oil producer, plans to invest 10 million litai ($3.72 million) to explore shale gas in the west of the Baltic nation.

The company, which has a license to search for shale gas, plans to drill its first exploration well this year, the Gargzdai-based company said today in a statement on its website.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net



To: Dennis Roth who wrote (162516)2/23/2012 11:14:24 AM
From: Dennis Roth2 Recommendations  Read Replies (1) | Respond to of 206159
 
Bulgarian Environmentalists Seek Statutory Ban on Shale Gas Development
February 23, 2012, Thursday
novinite.com

"We insist that the moratorium on the technology for extracting natural gas from underground shale deposits should be regulated by a law rather than a decision of Parliament of the sort that was adopted on January 18, 2012. We also demand a statutory ban on underground carbon dioxide storage," Borislav Sandov, a representative of the civil organization, told news portal investor.bg on Thursday.

====

Adding a ban on underground sequestration of carbon dioxide to the mix.



To: Dennis Roth who wrote (162516)3/7/2012 9:57:13 AM
From: Dennis Roth1 Recommendation  Respond to of 206159
 
Czechs rally against shale gas drilling in Bohemia
ceskapozice.cz



To: Dennis Roth who wrote (162516)3/31/2012 10:39:09 AM
From: Dennis Roth1 Recommendation  Respond to of 206159
 
Borisov: Bulgaria Could Be Buying Shale Gas from Romania
novinite.com

excerpts:

Bulgaria could be buying "cheap shale gas from Romania" if it builds a natural gas thermal power plant in place of the Belene NPP project, Bulgarian Prime Minister Boyko Borisov declared in a perplexing comment.

Borisov spoke late Friday night at a news conference with Bulgarian Economy Minister Delyan Dobrev, who had just arrived from high profile energy talks in Moscow over the Russian participation in the Bulgarian nuclear project in Belene terminated earlier this week by the Bulgarian government.

"If the Romanians sell cheap shale gas from Chevron, there will be a pipeline, why not buy it since we banned it here, and we are so rich as to buy from Romania," Borisov declared when asked about whether the potential TPP at Belene would be fueled with shale gas from Bulgaria...

...On Thursday, however, the Romanian government issued a permit for shale gas extraction to Chevron for areas along the Bulgarian border. Borisov has made no mention on whether the Bulgarian Cabinet might launch any sort of actions towards Romania with respect to the shale gas moratorium since the Romanian permit technically negates the effects of the Bulgarian ban, as Northeastern Bulgaria and Southeastern Romania share a major underground water basin.



To: Dennis Roth who wrote (162516)4/2/2012 2:03:26 PM
From: Dennis Roth1 Recommendation  Read Replies (1) | Respond to of 206159
 
Bulgarian Parliament to review shale gas moratorium
Mon, Apr 02 2012 18:31 CET
sofiaecho.com

Bulgaria's Parliament will form a committee that would amend the wording of a moratorium that effectively banned all oil and gas exploration in the country, but also would investigate whether it was safe to allow shale gas prospecting, Economy Minister Delyan Dobrev said on April 2.

In January, following a series of protest rallies, Parliament passed a moratorium on shale gas exploration that also banned any oil and gas drilling at pressures above 20 atmospheres. This drew immediate criticism from the oil and gas industry because it effectively banned any drilling at depths below 200m.

Some critics went as far as to say that in their rush to score easy popularity points with a public opinion concerned with the use of hydro-fracturing (fracking) technology, the MPs failed to take into consideration the full consequences of the ban.

Among such consequences is the fact that state-owned gas companies Bulgargaz cannot pump any gas into the Chiren gas field, which is used by the country as its main gas storage facility, Dobrev told Bulgarian National Television.

====

Oops, in their eagerness to ban fracking they managed to ban all oil and gas exploration and underground
gas storage. But, who knows, maybe that was the intention.