Saturday 10 October 2015

Polish shale gas project collapses

Prospects for fracking boom in Poland look remote as companies including state-owned gas firm ditch shale gas concessions in face of challenging geology.

Read the full report here: http://www.theguardian.com/environment/2015/oct/09/polish-shale-industry-collapsing-as-number-of-licenses-nearly-halves

As we have long predicted, this is the biggest scam one can imagine. Talk up the amount of gas underground (never mind the amount of gas actually realisable ) and see the share price rise and then back out ASAP citing 'poor results' or similar and never mind the God awful mess you leave behind. Ed.

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