Cuadrilla back in the red, value of shale gas assets to be cut
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
Angus Energy has reported widening annual losses because of a derivative swap.
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
The shale company IGas has raised questions about its ability to operate as a going concern.