Total to join U.K.'s pursuit of shale boom, FT reports

|By:, SA News Editor

Total (TOT) is set to become the first major oil company to explore for shale gas in the U.K., FT reports, in a major vote of confidence for government efforts to create a U.S.-style fracking boom on British soil.

Sources say TOT will announce on Monday a deal to join a shale gas exploration license in the Midlands currently operated by Ecorp of the U.S.

The size of TOT's investment is not known.