Good news from France today tooThe Paris Basin shale play play is one step closer today with the release of a major, government sanctioned provisional report on unconventional drilling in France. Alas, it's in French - go figure.
The report is available at:
https://www.developpement-durable.gouv.fr/IMG/pdf/Rapport_provisoire_sans_annexe.pdf
It looks to be positive in that the intention is to allow regulated and supervised exploration in the unconventional shale deposits.
Sterling has a significant interest in unconventional deposit in France but the project has been on the back burner awaiting Government approval of all projects.
Toreador, a major player in the Paris basin and partnered with Hess, rose 22% today on the news.