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Thursday, June 30, 2011
The oilfield services company sees growth potential in Poland, where a shale gas basin has drawn the attention of major oil companies, a Halliburton (NYSE:HAL - News) executive told Reuters. Drilling activity there is seen picking up next year, and the company is scheduled to start drilling a well for Chevron (NYSE:CVX - News) in Q3. In May, the Polish gov't said it was committed to shale gas, despite environmental concerns related to hydraulic fracturing. Shares climbed 2.3% to 49.82.
source:yahoo.com
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