Tuesday, April 28, 2015

The dream of a Polish shale? Fatal mood in the industry – Dziennik.pl

The search for shale gas in Poland so far not yielded promising results. The mood in the industry are fatal. Is this the end of the dream of “Polish shale”? – Wonders “Pulse of Business”.

The nail in the coffin for Polish enterprises may be deductions from profits. Companies will have to confront the fact that none of the holes not yet brought sufficient gas flow, which would give hope for the cost effective production. And if wells are unsuccessful, then the value is zero. You will need to take this into account in reports to shareholders. With the prospect of write-offs will have to face public listed companies, leading in the number of wells. It is possible that copies induce PGNiG and Orlen to announce the the end of the shale in Poland .

The second reason for the collapse of the industry can be converted into Organization Polish Exploration and Production Industry , representing the interests of companies looking for hydrocarbons. In 2013, the organization had 14 members, and now – barely 10. This is a problem because OPPW, as the employers’ organization, must have a minimum of 10 members. Otherwise, after three months will be deleted from the court records. Meanwhile, it is still the American Chevron, which has already decided to withdraw from Central Europe.

The third opportunity to extinguish the light in the shale industry may be decisions Ministry of the Environment to consider requests for extension of time for performance of duties license.

SEE ALSO: It would be profits and thousands of jobs. Here’s what’s left of shale paradise & gt; & gt; & gt;

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