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    Reuters: Petrolinvest denies plan to sell Polish shale licences

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Summary

Petrolinvest has denied plans to sell off its shale gas units including EcoEnergy, Silurian and Wisent, which in total hold 13 exploration licences.

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Press Notes

Reuters: Petrolinvest denies plan to sell Polish shale licences

Polish oil exploration firm Petrolinvest has no plans to sell its shale gas assets in Poland, its chief executive said on Tuesday, denying a newspaper report saying it was considering such a move.

Local daily Rzeczpospolita wrote on Saturday the group was considering the sale of its units EcoEnergy, Silurian and Wisent, which in total hold 13 shale gas exploration licences in Poland.

"We are not selling any assets related to shale gas in Poland," Bertrand le Guern told Reuters.

He added the group was awaiting the government's decisions over the shape of tax regulations for companies seeking to explore its shale deposits.  MORE