Drilling company AJ Lucas Group Limited (ASX:AJL) has hit the headlines after an investigation revealed fracking conducted by its 42 per cent owned Cuadrilla Resources triggered a number of seismic events.
A panel of experts has deemed that Cuadrilla Resources, who explores for natural shale gas in North West England, likely caused significant tremors and aftershocks in the British town of Blackpool earlier this year.
Fracking is also known as hydraulic fracturing and refers to the process in which the rock is fractured apart by high pressure mixture to extract coal seam and shale gas.
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A panel of experts has deemed that Cuadrilla Resources, who explores for natural shale gas in North West England, likely caused significant tremors and aftershocks in the British town of Blackpool earlier this year.
Fracking is also known as hydraulic fracturing and refers to the process in which the rock is fractured apart by high pressure mixture to extract coal seam and shale gas.
Click Here to Read More and Watch Video
Finance News Network
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