This was back on 25th June day before BGS Report stormed onto the scene;
French energy giant Total is considering bidding for rights to explore for shale gas in Britain and is "frustrated" by a lack of information on a licensing round to be held next year.
The company is also understood to have held talks with several companies about buying a stake in their existing exploration blocks in the UK.
The enthusiasm of one of the world's biggest energy companies to join the search for UK shale is the latest sign of the nascent industry's growing momentum following the £160m deal for British Gas owner Centrica to buy a 25pc stake in Cuadrilla's Bowland shale licence area.
Unless iGas have changed their tune with their JV/Farm Out plans there really are very few options of any significant scale for a major like Total then DTEs Bowland assets.
- potential JV announcement
- PEDL 133 final decision to begin this month after 3 month delay
- NSW sentiment swing with specific calls to speed up change before Xmas
Looks like a strong finish to the year ahead!
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- total ceo - in talks for uk shale project
This was back on 25th June day before BGS Report stormed onto...
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