30-10-2016 15:48 via news.yahoo.com

KKR-backed energy group mounts raid on UK fracking firm's assets

An oil and gas group backed by the powerful Wall Street investor Kohlberg Kravis Roberts (KKR) is mounting an aggressive raid on assets owned by one of Britain's leading fracking companies. Sky News has learnt that Trans European Oil & Gas (TEOG) is pressing IGas Energy (LSE: IGAS.L - news) to divest its conventional resources arm, which comprises producing assets in the east Midlands and the Weald Basin in the south of England. IGas, which trades under names including Dart Energy and Star E
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