KNAPTON-based Third Energy Onshore Ltd - the Ryedale gas company poised to 'frack' its well at Kirby Misperton - has been sold to US energy firm Alpha Energy.

The sale, first announced in April, was completed today.

The sale includes the onshore gas exploration, appraisal and production company Third Energy UK Gas Ltd, and Third Energy Trading Ltd which owns the power generating station at East Knapton.

Tom Reed, CEO of Alpha Energy, said: “We are very grateful for the support our development plans have received from all key stakeholders during the acquisition process, and we now look forward to deploying our engineering-led approach to being responsible owners and
operators of these onshore assets.”