Warwick Energy
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This article is part of the Spinwatch Fracking Portal and project |
UK subsidiary Warwick Energy Exploration Ltd was awarded licence blocks in the 14th Onshore Oil and Gas Licensing Round across England. [1]
Warwick Energy was set up by two former directors of Independent Energy, which according to Greenpeace's Energydesk, 'spectacularly collapsed in 2000 from a market capitalisation of $2.3 billion to receivership in a matter of months.'
- Despite being named defendants in a class action suit alleging securities fraud by US shareholders, former Independent executives John Sulley and Rob Jones quickly moved on and set up Warwick Energy, just weeks after the company’s demise. The class action was settled for $48 million in 2003. [2]
Contents
Donations to pro-fracking Lib Dem MP Jo Swinson
In June 2019 the Sunday Mail revealed that Lib Dem MP Jo Swinson had accepted a £10,000 donation from Mark Petterson, a director of Warwick Energy Ltd in July 2017 and another £4000 in January 2019.
Swinson had voted in 2015 against a moratorium and a requirement for an environmental permit being granted for fracking. She also rejected carrying out a review of the impact of shale gas on climate change, the environment, the economy, and health and safety.
Shale gas licence block
- PEDL302 in Derbyshire/Leicestershire - operator (partner is Anglia Natural Gas Sarl
Affiliations
Notes
- ↑ Shale Gas International, 27 new onshore blocks to be awarded to shale drillers 19 August 2015
- ↑ Lawrence Carter, Investigation: New kids with 14th round blocks, EnergyDesk, 4 September 2015, last accessed July 2019
