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Wednesday, March 28, 2012

BP enters shale oil quest in Ohio

BP enters shale oil quest in Ohio

Houston (UPI) Mar 27, 2012
BP will explore for shale oil and natural gas in northeast Ohio after it acquired lease on thousands of acres of potentially energy-rich land in the state. BP said Tuesday its exploration program will focus on the Utica/Point Pleasant shale formation, which its experts say is "very promising." The European company is the latest oil major to enter one of the latest North American

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