Deal comes weeks before government hopes to trigger a shale race by offering fresh licences to the controversial new industry

A deal worth nearly £120m to create Britain’s biggest shale gas explorer was outlined on Friday with the acquisition of Dart Energy by rival IGas Energy, combining a portfolio covering one million acres of potential fracking land.

The move comes just weeks before the government is hoping to trigger a shale race by offering up a swath of fresh licences to this growing but controversial new industry.

Continue reading…