Cuadrilla Resources plc’s owner said that its recent AUS$19.7 million (£11.5m) fundraise may be used on the shale gas extraction project in Lancashire. REGULATORY CHANGES A statement from Australian owner AJ Lucas Group Ltd yesterday reported completion of the “heavily oversubscribed” placement of 179.4 million shares each at $0.11, a discount of 29%. “Proceeds raised […]
Tag: AJ Lucas Group Ltd – AJL
Spirit Energy to retain shale gas interests in Lancashire
AJ Lucas Group Ltd (AJL) said that its partner Spirit Energy would retain its interests in the Bowland shale gas exploration licences in Lancashire. LICENCES The Bowland licence (PEDL165) covers 1,064km and surrounds the 54.5km Elswick licence (EXL269). The licences contain eight sites held by AJL including Roseacre Wood, Grange Hill, Anna’s Road, Becconsall, Preston New […]