Total, Exxon in Deal to Tap Shale Gas in Poland

- May 13th, 2011

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

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