Monthly Archives: March 2013
Browne waves willy: but can Cuadrilla progress with just one borehole?
Cuadrilla Chairman and government employee John Browne has been out in public recently. In an interview with the UK’s Guardian, the Cabinet Office non-executive said he would invest “as much as it takes” to launch shale gas in the UK. Unsurprisingly, the Fracking Czar began blowing his trumpet just as Cuadrilla entered final negotiations with […]
Driller’s share price crashes as Australia direct actions continue
Investors have taken flight from an Australian Coal Bed Methane operator as community Direct Action escalated at its site in Doubtful Creek, New South Wales. The action are ongoing – see here for details. The share price of driller Metgasco has fallen by nearly 50% since the start of the February, due to efforts of […]