Fracking bonus in UK
Australian engineering outfit AJ Lucas may be a big beneficiary of UK government plans to accelerate development of its shale oil and gas. A government report has found that more than half the country could be suitable for shale gas fracking. AJ Lucas has extensive exploration acreage in the UK, as does Dart Energy. Shares in AJ Lucas closed up 4¢ at 98¢.
Australian engineering outfit AJ Lucas may be a big beneficiary of UK government plans to accelerate development of its shale oil and gas. A government report has found that more than half the country could be suitable for shale gas fracking. AJ Lucas has extensive exploration acreage in the UK, as does Dart Energy. Shares in AJ Lucas closed up 4¢ at 98¢.
