Cuadrilla Resources is an oil and gas exploration and production company founded in 2007. It is headquartered in Bamber Bridge, Lancashire, and has operations in the United Kingdom. The company intend to develop shale gas in the UK by using hydraulic fracturing. Its chairman is Roy Franklin, who is also deputy chairman of Equinor. Its chief executive is Francis Egan. Cuadrilla is a privately owned company with headquarters in the United Kingdom. The company was founded in 2007, financed with investment from the Australian engineering company A.J. Lucas and the American equity firm Riverstone Holdings. It is owned 93% by AJ Lucas, while Cuadrilla employees (including former employees) own the remaining 7%. Riverstone Holdings sold their previous 45% stake to AJ Lucas and exited the business in February 2020.: 5 In 2009, Riverstone had settled corruption charges in New York through its partner The Carlyle Group. More information...
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