Provider of drilling services to the Australian coal industry, and an operator, through its UK subsidiary Cuadrilla Resources Holdings Limited, of exploration and appraisal of conventional and unconventional oil and gas prospects in the United Kingdom.
Data last updated: Sep 10, 2024 – 3.41pm. Data is 20 mins delayed.
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Rishi Sunak has reversed his predecessor Liz Truss’ decision to allow fracking to go ahead, putting AJ Lucas’ UK subsidiary Cuadrilla back into limbo.
Listed drilling services and gas exploration business AJ Lucas was asking investors for $19.7 million via a share placement on Wednesday morning.
If Liz Truss becomes PM and reopens the door to fossil fuels, a clutch of Australian companies and investors could reap immediate benefit.
AJ Lucas backed UK shale gas explorer Cuadrilla to the hilt, but the punt looked not to have paid off. Then Putin invaded, and now the politics are topsy-turvy.
After winning a seven-year legal battle, the ASX-listed company’s UK subsidiary, Cuadrilla, has conceded in a two-year tussle with Boris Johnson’s government.
Cuadrilla CEO Francis Egan says the bet could pay off when the global gas cycle turns.
The ASX-listed mining services company says the British government could yet allow its British shale gas play Cuadrilla to resume operations.
Gas prices offered for long-term contracts on the east coast have softened but are still more than double some spot prices, frustrating manufacturers hoping for more affordable energy supplies.
The ASX-listed mining services company has bought out its Cuadrilla Resources co-owner.
The British government said no fracking can take place until there's 'compelling evidence' it is safe - plunging Cuadrilla into limbo.
Green groups say the project is 'dead', but the fracking company half-owned by ASX-listed AJ Lucas is still fighting.
Campaigners say fracking suspension is the end of the road, but the company is testing gas flow and prodding the regulator.
The half-Australian-owned company's bid to restart fracking and rewrite the rulebook has run into trouble.
The British shale gas explorer half-owned by AJ Lucas is still hoping to cut through prohibitive green tape.
The British government has rejected calls to ease its fracking regulations, raising doubts over the viability of AJ Lucas's shale gas partner.
The shale gas explorer half-owned by AJ Lucas has announced positive tests from its controversial operation in Lancashire and has launched a renewed assault on green tape.
Singapore | Qantas says it has formally cancelled a longstanding order for eight Airbus SE A380 superjumbo jets.
After publicly saying British fracking rules could "choke" the AJ Lucas-owned shale gas explorer, CEO Francis Egan now talks only of a "cost increment".
The shale explorer half-owned by AJ Lucas is forced to pause operations after a tremor that breached regulatory limits.
The shale gas explorer half-owned by listed Australian firm AJ Lucas has seen off a final court challenge and can start fracking after a seven-year hiatus.
The decisions, issued by the Court of Justice of the European Union, were seen as an important test of efforts in Europe to clamp down on the world’s largest technology companies.
Victoria Police are facing their biggest operation in more than 20 years; Adam Bandt says he is willing to work with the government in good faith; Murdoch family trust open court decision imminent. Follow live updates.
The showdown could also stir up bonds and currencies, especially at a time when volatility is already on the rise.
Australian shares are set to rise 8 points higher. Techs paced gains in New York. Infratil backs 1.7b buyout for Manawa Energy. Follow for more