Cuadrilla Resources, the UK developerthat last month claimed to have 200 Tcf of“in place” shale gas resources at its onshorelicense block near Blackpool in northwest-ern England, has joined a long list of firmswith Chinese equity exposure (related).Australian services firm AJ Lucas, whichowns 41% of Cuadrilla, said in a filing withthe Australian Stock Exchange last week thatit is now 13.04%-owned by Kerogen Invest-ments, a Cayman Islands-registered fundpart-owned by China National Offshore OilCorp. (CNOOC).
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