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Colombia says majors still interested in shale

Tuesday, May 12, 2015

Colombia sees at least two shale projects starting development this year, with Royal Dutch Shell and Exxon Mobil maintaining their interest despite a slump in prices.

“What we’re seeing in the shale area is that the prospectivity is interesting enough for some of the companies to go forward,” Colombia Mines and Energy Minister Tomas Gonzalez said.

Source: Bloomberg