Search Results for: dart
Dart Frack Attack: New Midlands Multi-Well Program
…mp has now been built close to the site and momentum is building to resist Dart’s invasion there, as well. Work has now been temporarily suspended at the site after Dart was caught violating the conditions of the planning permission. Groups involved in resisting fracking in the area include Bassetlaw Against Fracking (Facebook), Frack Free Nottinghamshire (Facebook) and Frack Free South Yorkshire. There is also a fifth site on Salters Lane n… Continue reading
Frack Attack: Application For Britain`s First Unconventional Gas Development
…the PEDL 133 block. In late 2011 the also bought Greenpark Energy, making Dart by far the largest unconventional gas company in the UK. In August Dart secured a $100 million loan facility from HSBC to fund its operations. Interestingly though Dart is trying to sell its international operations, including those is the UK, and after failing to convince Australian investors is now looking to the City of London. Coal Bed Methane extraction began in t… Continue reading
Dart Face 90,000 Scottish Residents at Public Inquiry
…impact assessment based on the full field development plan. Where next for Dart? Dart Now Drilling In Farndon, Cheshire With it’s plans derailed at Airth, a number of high profile departures from the directorship and a shareholder revolt in Australia Dart have abandoned all other plans and moved their sights to the Bowland Shale in the north of England. In partnership with GDF Suez and TOTAL they are proposing to drill both CBM and shale exp… Continue reading
Fracking Scotland: Time To Get Organised
…shale rights and 100% of the Coal Bed Methane (CBM) reserves in PEDL 133. Dart Energy The community descends on Darts Farndon drill site in Cheshire (click to enlarge). Dart Energy are no strangers to conflict. In the face of strong community resistance they slashed their workforce and moved out of Australia completely. In conflict with their own shareholders they were forced to restructure, cancel an IPO and sell interests. When their flagship p… Continue reading
Boom and Bust Rocks Dart Energy
…y plan B: borrow. The $100m HSBC overdraft provides some leeway. Yet while Dart continues to spend, problems in Australia and Scotland have undermined Dart’s promise for investors. In Australia, the company owns 3 coal bed methane licenses, all in New South Wales (NSW). These hit trouble with 2011 election of a new NSW State Government who – after public pressure – suspended approval and renewal of exploration activities. That ban was recently lif… Continue reading
Dart Energy pulls out of China for US$12m loss
…to 50% for an additional investment of US$4m, bringing the total cash that Dart has sunk into its China enterprise to $US32.4m Dart today announced it had sold its Chinese its stake in FLG‘s coal-seam-gas prospects to for about US$20.8 million, netting the company a loss of US$11.6m. Earlier this year the besieged driller pulled out of Australia after large-scale protests against the company’s controversial drilling operations. Dart no… Continue reading
Dart Energy dumps extraordinary levels of benzene into Firth of Forth
…August 2012. Mariann describes the Benzene levels produced by a handful of Dart Energy exploration wells as extraordinary and very worrying. The Benzene levels Dart Energy are displaying on their website exceed World Health Organisation (WHO) guidelines for drinking water and are 12 times the UK and Australian drinking water standards. Most experts agree that there is no safe level for Benzene in drinking water. It would appear that Dart Energy an… Continue reading
Who owns Dart Energy?
…dney residents protesting against Dart Energy drilling inside city limits. Dart has plans for up to twenty wells in the UK. Dart Energy plans 22 unconventional new gas wells at its site in Airth, Scotland. Yet the company planning the UK’s biggest onshore gas development has many different owners with no single controlling interest. Dart’s main shareholders are a bunch of mining companies, banks, investment funds and wealthy individual… Continue reading