"Oisin Fanning, executive chairman at San Leon Energy said: "There is still significant and continued industry interest in the Baltic Basin shale gas play, and we expect the results of our fracking programme to attract further interest from potential farm-in partners."
WHY? Because he never ever did find that "further interest from potential farm-in partners" WHY? Because absolutely no-one wanted to waste money on exploration that other companies had proved was futile.
As Talisman left because they were restructuring at the time, but were soon taken over.
Really seem you have a very big beeee in your bonnet against SLE dishonest, but what is even more laughable is that this supposed holder has posted he has lost nothing! yet carries a enormous chip on his shoulder against whatever SLE and attacks real shareholders who don't agree with his aggressive vendetta.
Was it SLE who got him banned from iii in his past life as sidhonest!
You are correct. It was smaller companies that developed US shale.
Tell me, is the geology similar in Poland. Perhaps there was little opposition to fracking when the US started, no so in Poland. Did the US have massive coal reserves with a very strong political lobbying group?
I think the fact that Poland has spent a fortune on LNG terminal shows that those inside the country know there is not much going to come from shale.
Timbremner, Smithy, it's not your job to censor this board. If you don't agree with the article, by all means criticise it and its author, don't shoot the messenger. I don't care what Sid's angle is, if he posts a link to an article, I can decide for myself whether it's worth reading or not.
Thanks Smithy, could you provide the link and the date of the article, like I do. Always best as from what I remember all this talk of China getting involved started in 2014 and has come to nothing so far. A sort of forward looking statement but no facts as yet. Has the MOU been signed yet?
the point is that it was not the majors that developed US shale. talisman left poland because they changed their exploration strategy and business model. other majors left because they became impatient with the regulatory framework in poland. a lot of this has changed.
i think the point for all to see is that your comment on this bb is a waste of time. sadly sensible folk need to police the bs you and your clones post otherwise it risks becoming distorted fact. run along r sole.
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