DART Energy, INEOS's move into shale gas exploration


Dear all,

News relating to Dart EnergyINEOS's move into shale gas exploration; and a series of public meetings on fracking in Scotland which are taking place this week:

  1. On October 14 IGas Energy PLC completed their acquisition of Dart Energy Limited, and the acquisition was cleared by the Competition and Markets Authority on October 20. IGas now await the decision by the Scottish Government on Dart's appeal against the non-determination (and eventual refusal) of their planning application for a coal bed methane production facility at Letham Moss, in light of evidence submitted for the recent public local inquiry.
  2. In August INEOS bought a 51% share of the shale gas (fracking) section of the PEDL 133 exploration licence that covers 329 square kilometres of the Midland Valley of Scotland and includes INEOS’s Grangemouth refining and petrochemical complex and the area around it, while Dart/IGas retained the remaining 49% of the license. In October INEOS then went on to purchase an 80% stake in the neighbouring 400 square kilometre PEDL 162 shale gas licence area. But they have yet to submit any planning applications for shale gas exploration.
  3. Frack Off (not CCoF) are holding a series of public meetings on fracking in Scotland this week (all at 7.30pm):
    - Nov 10, 2014, Bridgehouse Community Hall, Bridgehouse By Westfield
    - Nov 11, 2014, Ballgreen Hall, Strathaven
    - Nov 12, 2014, Campsie Memorial Hall, Lennoxtown
    - Nov 13, 2014, Methil Community Centre, Methil
    - Nov 14, 2014, The Wash House Community Centre, Portobello

Best wishes,
Mark, on behalf of CCoF