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Poland Oil and Gas Report Q2 2015

162 Pages BMI Research SKU: BMI5465547

Poland Oil and Gas Report Q2 2015

BMI View: We have revised down our long-term gas production forecast due to recent disappointing shaledrilling results. More time, additional exploration and below-ground data will be required to obtain abetter idea of the country's actual shale gas potential and to optimise the drilling and hydraulic fracturingprocesses required for Poland's challenging geology. We have factored in a small and progressive uptick inshale gas production from 2020 onwards.

The main trends and developments we highlight for Poland's oil and gas sector are:

Poland passed a business-friendly shale gas bill and a new attractive taxation regime for shale gas in thesummer of 2014, important steps towards creating a more attractive investment environment for shale gasexplorers. With an improved above-ground environment and another bill in the making aimed at furthersimplifying licensing and shale gas drilling applications, much will now depend on better below-groundresults.

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Poland Oil and Gas Report Q2 2015

BMI Research

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