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ExxonMobil (XOM) will not move ahead with its shale gas exploration projects in Poland after two...
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Monday, June 18, 2012, 10:47 AM ETExxonMobil (XOM) will not move ahead with its shale gas exploration projects in Poland after two test wells failed to produce commercial quantities of gas, a Polish newspaper reported over the weekend. In addition to the two failed wells, XOM has four other licenses among the 109 issued in Poland, which is being closely watched as a potential source of natural gas from shale.
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