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    Reuters: Work together better, shale gas investors tell Polish companies

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Summary

Foreign investors in Poland's shale sector need better cooperation from local firms. Sharing results could speed results. There has been no evidence yet of vast recoverable reserves. Poland's firms say open for cooperation.

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Press Notes

Reuters: Work together better, shale gas investors tell Polish companies

Foreign investors in Poland's shale gas sector need better cooperation from local firms to improve drilling results and to make strides in tapping unconventional gas supplies, companies and state geologists said.

Poland sees its potential shale gas resources as a way to reduce the European Union's member reliance on Russian supplies but test wells that so far have shown no evidence of large recoverable reserves have dented initial hopes.

This makes it critical for state-controlled firms to better share information with foreign investors to quickly determine where it will be profitable to continue exploring for shale, officials from a number of exploration companies said.  MORE