Exploration & Production | Capital Markets | Private Equity Activity
Cuadrilla IDs Exploration Sites for Bowland Shale Gas Wells
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Cuadrilla Resources has reported the proposed locations for two new exploration sites in the Fylde as part of its work to understand the full potential of Lancashire’s shale gas resources.
The company intends to apply for planning permission to drill, hydraulically fracture and test the flow of gas from up to four exploration wells on each of the sites, one at Roseacre Wood and the other at Preston New Road. Separate applications will also be made to install two seismic arrays that would be used to monitor the hydraulic fracturing process. The independent planning and environmental consultancy Arup will prepare an Environmental Impact Assessment (EIA) for each of the new exploration sites.
The Cuadrilla team has started to speak to residents and community representatives living near to…
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