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    Bloomberg: Cuadrilla in Talks With United Utilities for U.K. Water Supplies

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Summary

Cuadrilla Resources is looking into six new sites in the Bowland Basin and is in discussions with United Utilities Group Plc over water supplies for its sites in northern England.

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Press Notes

Bloomberg: Cuadrilla in Talks With United Utilities for U.K. Water Supplies

Cuadrilla Resources Ltd., a U.K. shale explorer, is in discussions with United Utilities Group Plc over water supplies for its sites in northern England.

The company is looking at a potential six new sites in the Bowland Basin, a Cuadrilla official said today by phone, asking not to be identified by name citing internal policy. Part of that search is to identify where the water would come from for its operations, which require about 50,000 barrels or 2.1 million gallons per hydraulically fractured well, he said.

Hydraulic fracturing, or fracking, blasts a mixture of water, sand and chemicals underground to release trapped oil and gas from rock formations. Peter Hewer, a United Utilities spokesman based in London, confirmed the company is in early discussions about Cuadrilla’s water requirements. United Utilities is the U.K.’s largest publicly traded water company.

Cuadrilla said the amount of water it’s seeking for the fracking is less than half of 1 percent of what United Utilities supplies a day. Using the utility’s supplies would help limit the number of trucks transporting water on roads, Cuadrilla said. MORE