AJ Lucas Unit Settles Dispute Over UK Shale Gas Agreement

MT Newswires Live

2025/08/12

AJ Lucas Group's (ASX:AJL) United Kingdom subsidiary, Cuadrilla Resources, has resolved a dispute related to a carry agreement on UK shale gas licenses, receiving a 12.5 million pounds sterling settlement, according to a Tuesday Australian bourse filing.

The company confirms the carry agreement is terminated and, before the settlement, had not recorded any related receipts, the filing added.

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