Commenting on the decision of the Secretary of State for Communities and Local Government to determine Cuadrilla’s Appeals for the proposed exploratory shale gas sites and monitoring arrays at Preston New Road and Roseacre Wood, Lancashire a Cuadrilla spokesperson said: “We note the decision of the Secretary of State for Communities and Local Government to …
Monthly archives: November 2015
CUADRILLA WELCOMES SHALE GAS WEALTH FUND
Cuadrilla warmly welcomes the Chancellor’s announcement in today’s Autumn Statement that 10% of tax revenues from shale gas developments, up to a maximum of £10m per site, will be put into a Shale Wealth Fund which could deliver up to £1 billion of investment in local communities hosting shale gas developments over the next 25 …
UPDATE ON CUADRILLA PLANS FOR BECCONSALL SITE
The Becconsall shale gas exploration site is located near Banks in Lancashire and an exploratory well was successfully drilled by Cuadrilla in 2011 with rock samples recovered and other geological measurements recorded. No fracking took place at the site. Cuadrilla sought and was granted planning permission by Lancashire County Council on 1 May 2015 to: …
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