Shale gas explorers losing hope – <i>Puls Biznesu</i>

Western shale gas companies are increasingly disillusioned with exploration results in Poland. Only one out of the 66 boreholes made over the past six years was clearly successful, located in Lewino in Pommerania, according to daily Puls Biznesu. “San Leon received results there allowing the company to hope for 200-400 cubic feet of gas a year,” the paper wrote. However, the company has yet to undertake key exploration in the area, which includes horizontal drilling and hydraulic fracking. It has been thus far waiting for other companies to perform their initial boreholes in the area. Their results, however, have not proven successful. Several shale gas exploration firms have already sold their licences and withdrawn from Poland.