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Cuadrilla owner refinances debt

Summary by DRILL OR DROP?
Cuadrilla’s Australian owner has refinanced its debt, it announced this morning. Decommissioning work at Cuadrilla’s Preston New Road shale gas site, April 2025. Photo: Maple Independent Media The refinancing deal was important to the continued operation of the Cuadrilla companies in the UK. All 11 Cuadrilla companies involved in onshore oil and gas depend on the financial support of AJL. Cuadrilla Bowland is required to restore the mothballed …
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DRILL OR DROP? broke the news in on Friday, May 9, 2025.
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