PGNiG and Chevron terminate cooperation

Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) announced that it has terminated the first stage of the collaboration for shale gas exploration with Chevron Polska Energy Resources due to completion of the work provided and Chevron's withdrawal from Poland. "Under the agreement, the parties were to cooperate in appraising shale gas deposits in four exploration license areas in south-eastern Poland: Zwierzyniec and Grabowiec (licenses held by Chevron), as well as in Tomaszów Lubelski and Wiszniów-Tarnoszyn (licenses held by PGNiG)," a statement read. Both companies carried out seismic surveys and drilled the Majdan Sopocki well as part of the agreement.