Back in 2013 Centrica decided it would be a good idea to invest in the nascent UK shale industry. The details when they came out revealed that they would pay: £40,000,000 Paid Up front£60,000,000 Initial Carry £46,700,000 Contingent Carry payable after the flow testing of gas for six months As...
Yesterday Cuadrilla’s parent, AJ Lucas announced that it had “approved the acquisition, effective immediately, of Riverstone’s interest in the UK shale gas explorer, Cuadrilla Resources.” What does this mean? Well Riverstone had owned 45% of Cuadrilla and had invested $US 58 Million in 2010 for equity in Cuadrilla Resources Holding...
...and from Pro-Frack anonymous troll Eli-Goth we received the following ringing (if illiterate) endorsement over on Drill or Drop:
...and from The Village Idiot of Little Plumpton AKA Geza Tarjanyi
"Do not believe Refracktion. John 'Obson is useless. 'e is industry"
Take the advice of Greg Clark, ex-Secretary of State for the Department for Communities and Local Government
"Those who are prepared to organise to be more effective and more efficient should be able to reap substantially the rewards of that boldness ...
Take power now. Don’t let yourself, any longer, be ruled by someone else"
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"What you have to be able to do when you decide you want to hydraulic fracture is make sure there are no faults in the area. That's really very very important"
Professor Mike Stephenson - Director of Science and Technology - British Geological Survey
Fracking the UK Volumes I and II now available free from this site
"Untrustworthy, unbalanced and potentially brain washing." - Amazon Review
Yes the industry hated the first volume that much :-)
Both volumes now available as free downloads from this site Click here to download
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