Business and people search

Cuadrilla raises £37.5m for Lancs shale hunt

10th July 2012

Share:

Cuadrilla Resources' Preese Hall drilling site

Cuadrilla Resources' Preese Hall drilling site

THE company whose efforts to find shale gas caused a series of mini-earthquakes in Lancashire last year has raised more than £37m from investors to carry on its exploration.Cuadrilla Resources, which is jointly backed by Australian contractor firm Lucas and US-based investment funds held by Riverstone Capital and Carlyle Group, carried out five separate funding rounds between March 2011 and May this year, raising a total of $58.3m (£37.5m) from investors, according to newly-filed accounts.Cuadrilla was set up in 2007 an......for the full story register now for free or login below...


Print this page Have your say Bookmark and Share Send to a friend

More News News Archive

Have Your Say 

Be the first to comment on this article!

Login to submit a comment

 
Radisson Blu B4 Nov 2012
TheBusinessDesk is a company registered in the UK - Company #6324067 - VAT #917602919