ExxonMobil discusses acquiring shares in U.K. shale gas project

ExxonMobil is in discussions to acquire shares in the Bowland shale natural gas project in the U.K., which is owned by IGas. The move came after the U.K. announced it ended an 18-month moratorium on hydraulic fracturing. Two small tremors caused by Cuadrilla Resources' drilling prompted the U.K. government to implement a ban.

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