Notts shale update: legal agreements published + extra restrictions on seismic surveys
Nottinghamshire County Council announced today it had added restrictions on where and how INEOS can carry out 3D seismic surveys.
Nottinghamshire County Council announced today it had added restrictions on where and how INEOS can carry out 3D seismic surveys.
The first two shale gas exploration sites in Nottinghamshire got final approval this morning.
IGas said today it expects to drill its Nottinghamshire shale gas wells in the second half of this year.
Work at IGas’s shale gas site near Misson in north Nottinghamshire looks unlikely to start until at least June.
Council planners in Nottinghamshire were initially unable to work out the value of a financial bond covering restoration of the Misson shale gas site because the operator, IGas, didn’t give them enough information.
As councillors in Nottinghamshire prepare to consider a financial guarantee for what could be county’s second shale gas site, researcher and anti-fracking campaigner, Russell Scott, asks can bonds protect communities and do they risk setting a dangerous precedent?
Planners at Nottinghamshire County Council are recommending approval of an application by IGas to drill a shale gas well at Tinker Lane, between Blyth and Barnby Moor.
A legal agreement clearing the way for Nottinghamshire’s first shale gas site has been delayed for the third time, the County Council confirmed today.
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.
Summary of recent activity and expected operations at 50+ sites across the UK, including applications, decisions, company plans and licence changes.