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AJ Lucas Group Ltd (AJL.AX)

AJL.AX on Australia Stock Exchange

26 Sep 2017
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Latest Key Developments (Source: Significant Developments)

AJ Lucas says Cuadrilla wins consent to test flow of gas at UK site
Thursday, 6 Oct 2016 07:06pm EDT 

AJ Lucas Group Ltd : Cuadrilla wins consent to test flow of gas at UK site; UK government's decision 'a watershed' for AJ LUCAS . Centrica will fund £30.6 million of cost of drilling and testing these initial exploration wells . Drilling is expected to commence in q2 of calendar year 2017 .Centrica will £46.7 million on appraisal and development following performance criteria being met in testing upcoming wells.  Full Article

Cuadrilla says UK approves one, needs more time on second shale gas permit
Thursday, 6 Oct 2016 05:09am EDT 

: Cuadrilla says uk government approves one of two shale gas fracking permits . Cuadrilla says uk government said it needs more time to decide on second shale gas fracking permit (London Equities Newsroom) ((+44 20 7542 7717;)).  Full Article

AJ Lucas signs secured bond financing term sheet
Sunday, 15 May 2016 07:40pm EDT 

AJ Lucas Group Ltd : AJ Lucas signs secured bond financing term sheet . Signs secured bond financing term sheet and agrees restructure of its existing debt . Deal for US$45 million of new senior secured debt . Kerogen agrees to restructure and extend its facility . Kerogen investments no.1 (hk) limited agreed to subordinate amounts owing to it by AJ Lucas under existing facility .Intended that financing will primarily be used to settle in full amounts owing to the ato; fund drilling appraisal activities.  Full Article

AJ Lucas Group Ltd updates on Cuadrilla
Thursday, 17 Dec 2015 06:04pm EST 

AJ Lucas Group Ltd:Cuadrilla resources has been offered a further 16 onshore exploration licences in Cleveland basin and gainsborough trough.  Full Article