Cuadrilla’s leading investor, AJ Lucas, has failed to raise its target in a recent share offer.
Cuadrilla has confirmed that it has finished the flow test on its second horizontal shale gas well at Preston New Road, near Blackpool.
Cuadrilla’s Australian investor has said it continues to give the shale gas company its “full support” in the face of a moratorium on fracking announced two days ago.
This post tracks earth tremors induced by the second phase of fracking at Cuadrilla’s Preston New Road shale gas site in Lancashire.
Cuadrilla confirmed this morning it has resumed hydraulic fracturing at its Preston New Road shale gas site near Blackpool.
Cuadrilla has confirmed it has not solved an ongoing mechanical problem with part of the fracked well at its shale gas site near Blackpool.
The shale gas company, Cuadrilla, has less than a year to drill two wells and frack three under the terms of the planning permission at its site near Blackpool.