Meet The Frackers - Celtique Energie Weald Ltd

Transient

In the next few days we will be publishing more information about Celtique; who its backers are and its financial status.  Briefly, for now, from what I have been able to ascertain from credit reports, is that Celtique Energie Weald Ltd (the subsidiary set up specifically for the Exploration in this area), has just over £500 in cash and net liabilities of over £200,000 - i.e. it is technically insolvent on a stand alone basis.  Make of that what you will.