Exxon Mobil Drops Shale Plans In Poland

Date : 06/18/2012 @ 10:00AM
Source : Dow Jones News
Stock : Exxon Mobil Corp. (XOM)
Quote : 82.29  0.0 (0.00%) @ 6:17AM

Exxon Mobil Drops Shale Plans In Poland

Exxon Mobil (NYSE:XOM)
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Exxon Mobil Corp. (XOM) confirmed Monday it has dropped further shale exploration in Poland after two wells didn't produce commercial quantities of natural gas.

"We have completed exploration operations in Poland," said company spokesman Patrick McGinn. "There have been no demonstrated sustained commercial hydrocarbon flow rates in our two wells in the Lublin and Podlasie basins."

Write to Isabel Ordonez at isabel.ordonez@dowjones.com

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