San Leon Energy abandons some licenses in Poland

San Leon Energy (SLE), Ireland's oil and gas exploration company,  decided to exclude some of the Polish exploration licenses from its portfolio, the ISBnews agency reported. The decision is in line with the firm's new strategy to focus on the valuation and production process, the agency stressed. SLE asserted that it will remain involved in Rawicz bore, where it found shale gas in late February. The firm admitted that the decision of shrinking its portfolio was also dictated by the increase in the yearly Polish license fee. In 2013, SLE acquired stakes at three shale gas exploring licenses in Gdańsk W, Szczawno and Braniewo S.