Britain calls time on AJ Lucas’ fracking venture Cuadrilla

The British government has declared that “fracking is over”, seemingly dashing the hopes of a restart for AJ Lucas’s embattled shale gas play Cuadrilla Resources. The comments from British Energy Minister Kwasi Kwarteng will be a particularly bitter pill for AJ Lucas, because it’s only four months since the ASX-listed mining services company doubled its stake in Cuadrilla to 93 per cent.

 

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