MARKETS

AJ Lucas receives offer for Lucas Drilling Services

AJ Lucas, which has a 47.45% share in UK oil and gas company Cuadrilla Resources, has received a non-binding, incomplete and indicative proposal for the acquisition of its drilling arm Lucas Drilling Services.

Paul Hunt
AJ Lucas receives offer for Lucas Drilling Services

  It has now appointed financial advisor Highbury Partnership and Allen & Overy as legal advisor.    The company will conduct a strategic review of its drilling services arm which will include a...

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