The UK-based company which has been granted the right to explore the Clare basin in order to assess it’s suitability for fracking, says it may apply for a further licence to engage in the controversial practice.
Enegi Oil says preliminary tests that it has carried out have indicated that Clare is suitible for hydraulic fracturing to be carried out, even thugh local representatives and campaigners have spoken out against this
In an update to markets on it’s progress here in Clare, Enegi Oil has revealed that the end of November is a key date for it’s operations in the county.
It is by then that the UK-based firm must submit a report to the Department of Communications, Energy and Natural Resources, and depending on results of this, the Company says it may apply for an exploration licence.
Current permissions granted to Enegi do not allow for it to engage in fracking, which is a drilling technique used by oil exploration companies to extract natural gas from shale.
However, local campaigners have expressed fears that this could cause serious damage to the environment.
