PGNiG and Chevron team up for shale gas exploration
11:22
Polish Oil and Gas (PGNiG) has partnered with Chevron for shale gas exploration in Southeastern Poland. The two companies signed a partnership deal regarding four licenses (Tomaszów Lubelski i Wiszniów-Tarnoszyn belonging to PGNiG and Zwierzyniec i Grabowiec belonging to Chevron).
A test bore at the Tomaszów Lubelski location is due to begin exploration in Q3 and Q4. Chevron will partake only as a co-investor. PGNiG will do the engineering work, according to an ISBnews release. PGNiG has already made three test bores in the Pomeranian region and plans on conducting 22 test bores until the end of 2015. The agreement between the American multinational energy corporation and the Polish state-controlled oil and gas company includes exchange of experience and geological data.
