AJ Lucas to acquire Riverstone’s interest in Cuadrilla

Lancashire-based shale gas exploration company Cuadrilla Resources confirms that the AJ Lucas Group Limited (AJL) and Cuadrilla Boards have approved the acquisition by AJL of all of Riverstone’s shareholding interest in Cuadrilla. Following this acquisition, AJL’s holding in Cuadrilla will increase from its current level of 47.6% to approximately 93%, with the remainder of the …