Cuadrilla’s leading investor, AJ Lucas, has failed to raise its target in a recent share offer.
IGas said today it expects to drill its Nottinghamshire shale gas wells in the second half of this year.
In this guest post, Corporate Watch reveals that the UK fracking company, Cuadrilla, has used legislation designed to increase corporate transparency to hide the identity of the people who control it.
The private equity company, Kerogen Capital, is proposing to invest US$35m in IGas, it was announced this morning. The deal depends on a restructuring of IGas’s bonds and may require approval from the Takeover Panel.