Fracking tests ‘extremely encouraging’

Two firms seeking to begin fracking in Ireland to release natural gas trapped in shale have confirmed initial positive results.

UK-based energy firm, Enegi Oil, said that analysis from field studies examining the fracking or ‘hydraulic fracturing’ potential for shale gas in the Clare basin is “extremely encouraging.”

Earlier this year, Tamboran Resources confirmed the existence of a “substantial natural gas field” of 2.2 trillion cubic feet of natural gas in north Leitrim that could be worth $55bn (€43bn).