Tag Archives: AJ Lucas
Shares slump at Cuadrilla owner as Aus tax bill looms
Shares in Cuadrilla part-owner AJ Lucas have slumped almost 50% after company documents revealed it had an unpaid $40m AUS tax bill. In a announcement to the Australian stock exchange AJ Lucas notes that a ‘funding shortfall’ together with a “significant reduction in cash flow … has resulted in the Company not being able to […]
Fracking suspension batters Cuadrilla owner
An owner of UK fracker Cuadrilla is again facing financial difficulties as fracking operations in the UK remain on hold. AJ Lucas – who own 30% of the notorious hydraulic fracturing company – has been running out of cash for some time. Last month […]
The timing of Cuadrilla`s test results is no co-incidence
Hearts were in mouths at Cuadrilla. Not because of an upsurge in local oppostion at it’s latest drill site in Lancashire (in the shape of Camp Frack). Nor because of yet more protesters at the announcement of its Lancashire test results. No: management were quaking in their steel toe caps because principal investor AJ Lucas […]
Who are Cuadrilla – Company Overview – Nov 2014
Like many medium-sized companies, Cuadrilla is a network of companies owned by a parent. The parent is the most important bit: this ‘holding company’ is Cuadrilla Resource Holdings Ltd (CRH). CRH owns nine further UK companies, and seven in Europe (see below for all CRC’s companies). Each company is seperate from, but owned by, CRH. […]