Polish shale-gas wells dry for ExxonMobil

02 February 2012

Justin Jacobs, LONDON: ExxonMobil is assessing its options after its two initial shale-gas wells in Poland – Siennica-1 and Krupe-1 – failed to flow commercial gas volumes.

During the supermajor’s fourth-quarter earnings conference call, vice-president of investor relations, David Rosenthal, told investors: “[The two Polish wells] did complete in the fourth quarter. And while we found gas, it did not flow in commercial quantities from either well, so we'll be analysing that,...



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