UPDATE ON FLOW TESTING OF SECOND SHALE WELL AT PRESTON NEW ROAD

Cuadrilla today confirmed that it has completed the gas flow phase of testing its second horizontal shale well (PNR2) at its exploration site in Preston New Road, Lancashire, UK.  Operations will now progress to focus on the pressure response of the shale reservoir over the next few months, known as an ‘extended pressure build up …

RESPONSE TO WRITTEN MINISTERIAL STATEMENT ON SHALE GAS EXPLORATION

Cuadrilla notes the Government’s written ministerial statement focusing on hydraulic fracturing operations published in the UK today. The statement establishes an effective moratorium to be maintained until compelling new evidence is provided to address concerns around the prediction and management of induced seismicity. This follows on from the publication by the Oil and Gas Authority …