AJ Lucas Group Limited (AJ Lucas) is pleased to announce Cuadrilla, in which AJ Lucas has a 45% shareholding, has been offered two new onshore exploration licences in Yorkshire, United Kingdom. These licence offers are part of the UK Government's 14th Landward Licensing Round.
In response to the offer by the UK's Business and Energy Minister Matthew Hancock, Cuadrilla released the following statement:
Cuadrilla is pleased to announce it has been offered two new exploration licences, as part of the UK Government's 14th Round for onshore oil and gas licences. The licences, each one approximately 100km² in area, and all located in Yorkshire, are Block SE95 in the South Cleveland Basin and Block SE40f in the Gainsborough Trough. Cuadrilla was jointly offered the licence for the Cleveland Basin with partner, GDF SUEZ E&P UK Ltd (70% Cuadrilla, 30% GDF SUEZ) and is the sole licensee on Block SE40f.