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    market news

    Total, Exxon in Deal to Tap Shale Gas in Poland

    Investing News Network
    May. 13, 2011 01:25PM PST
    Oil and Gas Investing

    Reuters reports that Total (EPA:FP) and Exxon Mobil (NYSE:XOM) intends to cooperate to assess the potential for shale gas in the Lublin Basin of southeastern Poland.

    Reuters reports that Total (EPA:FP) and Exxon Mobil (NYSE:XOM) intends to cooperate to assess the potential for shale gas in the Lublin Basin of southeastern Poland.

    The press release is quoted as saying:

    Exxon will have 51 percent of the partnership, with Total having a 49 percent interest.

    Click here to access the entire press release

    market newsnyse:xom
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