Prospex cautionary on job prospects in new drilling project

The CEO of the energy company Prospex, which recently gained approval from Poland’s Ministry of the Environment to drill the Bolesław-1 well cautioned that the project itself would not result in many additional jobs. “A material gas discovery could attract more foreign E and P investment to Poland, but it would likely have limited impact in terms of job creation,” Ed Dawson said this week in an interview with the magazine RigZone.   He stressed that production development, however, could benefit local communities, creating business and job opportunities for local vendors, as well as increasing the local tax base. Although most onshore wells are drilled by Polish enterprises, Prospex is a London-based outfit operating independently in Poland. It is expected to begin exploratory drilling in southern Poland next week.