Celtique has stated it is looking for conventional energy deposits at Broadford Bridge as opposed to shale oil and gas, reached by 'fracking', which involves pumping water and chemicals underground at high pressure to split apart the porous shale rock.
If granted planning permission, and exploration is successful, Broadford Bridge could mark Celtique's first operating well. Meanwhile any deposits are property of the British Crown, as legislation sets out the amount of royalty paid to the Government ...