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British Gas owner Centrica agrees 160m Bowland shale fracking deal
2013-06-13 11:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The British Gas owner, Centrica, will invest up to 160m in shale gas exploration and development in the north-west after agreeing a deal with Britain's leading fracking company. Centrica has bought a 25% stake in the Bowland exploration licence in Lancashire from Cuadrilla Resources and AJ Lucas for 40m. It will pay a further 60m in exploration and appraisal costs. An additional 60m will be payable if Centrica subsequently decides to move into a development phase. The entrance of such...
Centrica plans to acquire a stake in Bowland shale from Cuadrilla Resources
2013-06-10 01:00:00| Hydrocarbons Technology
British Gas owner, Centrica, is in ongoing negotiations with Cuadrilla Resources about acquiring stakes in the Bowland shale in the north-west of England.
Tags: resources
plans
acquire
stake
Centrica in UK shale gas stake talks
2013-06-07 13:04:20| BBC News | Business | UK Edition
Centrica, the owner of British Gas, is in advanced talks with Cuadrilla Resources to buy a stake in shale gas fields in northern England.
British Gas owner Centrica in talks to buy shale fracking stake
2013-06-07 09:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The British Gas owner Centrica is in talks with Britain's leading fracking company about buying a stake in its most promising acreage just months after playing down the prospects for shale gas. Sources have confirmed to the Guardian that discussions are ongoing between Cuadrilla Resources and Centrica over the sale of a stake in the Bowland shale in the north-west of England. A second shale operator, IGas, said earlier this week that estimates of its resources were considerably higher than...
Qatar Petroleum plans to extend oil and gas deal with Centrica in North America
2013-05-16 01:00:00| Hydrocarbons Technology
Qatar Petroleum International (QPI) is planning to extend its new deal with UK-based Centrica, by buying more gas or tight oil resources across North America.
Tags: north
america
plans
deal
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