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Polish Watchdog Clears Exxon, Hutton Energy Shale Gas Ventures
Nov. 08, 2011 10:30PM PST
Oil and Gas InvestingBloomberg reported that UOKiK passed joint ventures of Exxon Mobil Corp. (NYSE:XOM) and Hutton Energy Plc. to drill for shale gas in Poland.
Bloomberg reported that UOKiK passed joint ventures of Exxon Mobil Corp. (NYSE:XOM) and Hutton Energy Plc. to drill for shale gas in Poland.
As quoted in the market news:
Under a deal signed in August, Exxon will transfer 49 percent stakes in four exploration licences in Poland’s Podlasie basin to Hutton.