New research by BritainThinks reveals that local residents in Fylde, Blackpool and West Lancashire are feeling more knowledgeable about shale gas, and more supportive of continued exploration in their local area to understand the potential for shale gas in the UK. The results follow last week’s announcement from the Department of Energy and Climate Change …
Monthly archives: December 2012
DECC announcement marks turning point for UK energy
“Today’s news is a turning point for the country’s energy future. Shale gas has the potential to create jobs, generate tax revenues, reduce our reliance on imported gas, and improve our balance of payments,” said Francis Egan, CEO of Cuadrilla Resources. “Our exploration has shown that under Lancashire there is a belt of gas-filled shale …
Continue reading “DECC announcement marks turning point for UK energy”
Cuadrilla welcomes the Chancellor’s plans to consult on tax breaks for shale gas exploration
“We welcome the government’s initiative to help the emerging shale gas industry get established,” said Francis Egan, Cuadrilla’s CEO. Cuadrilla is seeking approval to drill, fracture and flow test a small number of wells in 2013. “Exploration is necessary to have a better understanding about how shale gas can be developed safely and sensibly from the Bowland …