On 2nd thoughts, for DTE and the potential to increase the value of a farmout deal, the resistance from protesters and the reaction/support of local council and national government will be more important than the results.
If government stand behind Cuadrilla and assist with removing road blocks as opposed to creating them, then this will be proof that others will be supported.
This well isn't going to be fracked though. I believe it's also the remainder of an old oil well.
Here's hoping Cuadrilla drill successfully without any enviro hicups and maintain a good PR campaign throughout.
DTE Price at posting:
13.1¢ Sentiment: Buy Disclosure: Held