SP007 its all about the Centrica farm-in agreements - very large capital contributions to fund commercialisation of Bowland Shale plays.
Agree Kerogen gradually intensifying equity hold on company, but i think in its own way that is a vote of confidence in cuadrilla.
Otherwise agree Kerogen could upend the table. Think they would have done this well before now if that was their game plan.
All comes down to Cuadrilla ...
Ann: 31 December 2016 Results Media Release, page-8
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