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AJ Lucas Subsidiary Secures £12.5M Settlement Ending UK Shale Dispute

8:32am on Tuesday 12th of August, 2025 AEST Energy
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AJ Lucas Subsidiary Secures £12.5M Settlement Ending UK Shale Dispute

8:32am on Tuesday 12th of August, 2025 AEST
Key Points
  • Settlement of dispute over UK shale gas exploration licences
  • Cuadrilla Resources received £12.5 million (approx. AUD 26 million)
  • Carry agreement terminated and no longer in effect
  • No prior accounting for settlement amount in financials
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