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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (178627)	5/21/2013 4:09:14 PM
From: architect*	Respond to of 206347

FXEN + 38% "The Tuchola-3K test raises the real possibility of opening a significant new exploration play for us in Poland," said David Pierce, President and CEO of FX Energy. Poland Shale Boom Falters, FXEN investors like the test results. Its been a long time since I reviewed FXEN fair value. I would investigate the economics of FXEN prospects before making an investment.

To: Dennis Roth who wrote (178627)	5/23/2013 4:46:18 PM
From: Dennis Roth	1 Recommendation Read Replies (1) \| Respond to of 206347

PM rakes environment minister over the coals on shale gas (Poland) 23rd May 2013 wbj.pl Prime Minister Donald Tusk said on Wednesday that he had reprimanded Environment Minister Marcin Korolec over the ministry's policy towards shale gas investments. “Yesterday I told the Environment Minister very clearly that I expect him to prepare regulations that won’t scare investors away,” said PM Tusk. Companies willing to invest millions in shale gas exploration and extraction in Poland should be able to maintain a sense of security for their business, he added. “He must either acknowledge that this project requires a business-oriented mindset or someone else will take over the task,” Mr Tusk added. The prime minister said that the government is looking for regulations that would attract investors, in order to avoid future withdrawals. He added that foreign investors expressed the most concern over whether they would still hold rights to licenses after finding shale gas deposits. This year both Canada's Talisman Energy and the US's Marathon Oil have announced plans to sell their Polish shale gas exploration assets. Talisman cited a change of strategy, while Marathon said it had found a lack of commercial levels of hydrocarbons. Earlier in May, daily Rzeczpospolita cited unnamed sources as saying that Ministry of Environment representatives had shown a lack of interest in shale gas investments from North America at a meeting with diplomats and foreign investors. The day after the report was published, Minister Korolec announced that the government was working on an investor-friendly law.