EXPLORATION

Preston New Road on shaky ground 

AJ LUCAS-backed Cuadrilla Resources, which commenced fraccing of two horizontal exploration wells at the controversial Preston New Road project in Lancashire in the north of England two weeks ago, has been forced to shut down fraccing operations for the second time following more than two-dozen earthquake tremors across the field. 

Paul Hunt
Preston New Road on shaky ground 

  A 1.1 magnitude earthquake was the largest tremor so far, breaching the regulatory threshold imposed by the company's production license and causing a full shutdown and suspension of activities for...

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