Cuadrilla’s Australian investor has suggested that the shale gas company will be looking at new exploration sites next year.
Shares in UK Oil & Gas closed down more than 4% on news that the company had raised £2m in a share placing, snapped up by a single investor.
DrillOrDrop has compiled reaction to the government’s statement on a immediate moratorium on fracking. We have comments from community groups, campaigners, academics, politicians and the shale gas industry. Full report on the government statement
The Prime Minister has said the government will be making an announcement “shortly” on fracking in the UK.
In this guest post, anti-fracking campaigner and researcher, Ben Dean, argues that successive Conservative-led governments have failed to have full confidence in the onshore fracking industry.
An exploration company has told investors about plans to drill next year at a second site at West Newton in East Yorkshire.
UK Oil & Gas plc has announced the start of drilling at its Horse Hill site near Gatwick Airport.