Polish Watchdog Clears Exxon, Hutton Energy Shale Gas Ventures
Investing News Network - November 8th, 2011
Bloomberg 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.