On May 8, 2014, we published an article titled “PGN and US Shale Gas Investment”, where some of our sources criticized PT Perusahaan Gas Negara Tbk (PGAS) or PGN’s acquisition of Fasken shale gas block in Eagle Ford, Houston, Texas (USA) from Swift Energy. That time, PGN agreed to pay US$175 million for 36% working interest in the block. To subscribe please click here