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Sam Laidlaw The non-executive to the Transport Department is also chief executive of British Gas owner Centrica, which recently bought a 25 per cent stake in Cuadrilla's most promising shale gas prospect.
The costs related to the well, known as the Stolberg gas prospect, reduced net income by 5 cents a share to about $68.7 million, or 74 cents a share, a Murphy spokeswoman, Mindy West, said.
Lake Nyasa area has been considered a potential oil and gas prospect.
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Artificially generated seismic waves recorded during seismic surveys are used to collect data in oil and gas prospecting and engineering.
Mr Poprawa puts much of the blame on a "slow and incompetent" bureaucracy, which has made life difficult for gas prospecting firms.
France, for instance, which is viewed as having some of the most promising shale oil and gas prospects, particularly in the Paris area, has banned fracking.
Predictably keen to talk up shale gas prospects, Cuadrilla estimates there are 200 trillion cubic feet of gas in Bowland shale alone.
Shale gas prospects outside the US are incomparable to gains made so far there "since geological, geographical, and industrial conditions are much less favourable".
A result is that a part of the country where energy supplies were long thought to be largely tapped out is suddenly ripe for gas prospecting.
The notion that the oil industry is sitting on federal oil and natural gas prospects it has paid millions to the government to develop is ridiculous.
A map of the 2014 drilling licences shows more than half of the Kgalagadi park on the Botswana side was up for sale to gas prospecting companies last year.
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