Shale gas company extends

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Oil and gas firm San Leon Energy is extending its licenses to explore for shale gas in northern Poland, a company official said Tuesday.

The decision is good news for the shale gas sector in Poland, where, after an initial rush, major exploring companies pulled out citing difficult geological conditions and restrictive regulations.

San Leon Managing Director Pawel Chalupka told The Associated Press that results from its three vertical wells near the Baltic Sea coast encouraged the company to seek an extension to its licenses in the area. It expects to complete its license renewals next year.

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