One of the key figures in the company expected to frack the UK’s first gas well for nearly seven years has resigned as a director.
Companies House, the UK’s business register, published filings today that John Dewar had resigned as a director of three companies in the Third Energy group.
They include Third Energy UK Gas Ltd, which is waiting for consent to frack the KM8 well at Kirby Misperton in North Yorkshire.
Mr Dewar had been a director of the companies since 2011.
Third Energy’s chief executive, Rasik Valand, said this evening:
“As planned for some time, John Dewar retires as Third Energy’s Operations Director at the end of October 2017.
“He has agreed to stay with the company as a consultant with responsibility for the KM-8 hydraulic fracturing programme in Kirby Misperton.
“John and I have worked together since the company started and I am grateful that we are able to continue to call on his expertise.”
John Dewar has described fracking at Kirby Misperton as his “crowning glory”.
Speaking at a seminar in 2016, three weeks before Third Energy’s planning application to frack was approved, he said:
“This is probably my last opportunity. My crowning glory. I was one of the founders of this oil and gas company and so it’s now giving me the opportunity to put a lot back.”
At the time, he predicted the well would be fracked in the third or fourth quarter of 2016. Third Energy is still waiting for final consent from the Business Secretary, Greg Clark.
The Companies House register continues to list Mr Dewar as a director of Third Energy Services Ltd and Third Energy Offshore Ltd, as well as a Scottish company, Adrem Technology Ltd.