LNG Energy, a Canadian exploration and development company, announced that it has acquired a 50% interest in 360,000 acres of Baltic Shale in Poland, giving the company a gross acreage position in Poland of approximately 1.1 million acres of shale gas properties in 5 separate concessions. More at the LNG Energy website.
Poland Gas
LNG Energy Acquires Baltic Shale Gas Properties in Poland
Exxon to Sell 49% of its Polish Shale Gas Stake
Exxon announced that it plans to sell 49% of its interest in shale gas plays in the Podlasie Basin of Poland. More in an article at Reuters.
