Cuadrilla’s leading investor, AJ Lucas, has failed to raise its target in a recent share offer.
Union Jack Oil plc has raised £5m to press ahead with drilling plans at West Newton in East Yorkshire, the company announced this morning.
Rathlin Energy has confirmed it cannot begin work on its second oil and gas site at West Newton, north of Hull, until there has been an archaeological survey of what could be an ancient village.
“I love it because it is not oil”, the head of Angus Energy said of his new gas asset in Lincolnshire.
Cuadrilla has confirmed no more fracking will take place at its shale gas site in Lancashire before a planning deadline at the end of November.
Angus Energy has confirmed that it will be applying next month for consent to carry out an extended well test at the Balcombe oil site in West Sussex.
Will the suspension of fracking at Cuadrilla’s shale gas site be lifted this month after a record-breaking earth tremor? Or will shale exploration in the Fylde region of Lancashire face another long delay?