Exxon Mobil Stops Shale Exploration in Poland

Exxon Mobil (NYSE:XOM) not having any luck when it comes to energy in Poland. The large oil and gas company announced they would stop shale exploration in the country after finding insufficient amounts of natural gas. Exxon Mobil spokesman Patrick McGinn explained the two wells the company was pulling from did not provide commercial quantities of the gas. He added there have also been no other positive signs in the area, leading to the stoppage announcement.Investors are weary of the stock after this news. The energy company is currently down a quarter of a percent to $83.01.