GREY:BNKPF - Post by User
Comment by
BrokerGon Aug 30, 2018 7:56am
47 Views
Post# 28541048
RE:RE:RE:RE:RE:Latest update
RE:RE:RE:RE:RE:Latest updateThey gave up their leases in Poland. There was no extensive drilling done to my knowledge, so there could be substantial gas reserves to be tapped. I know there was difficulty in obtaining licenses and other approvals throughout their lease agreement term.
The issue is gas prices not oil prices, since they were looking for gas reserves. Since gas prices have not gone up as much as oil, no reason to look into Poland again. IMO