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Igas Energy Share Chat (IGAS)



Share Price: 99.00Bid: 96.00Ask: 102.00Change: 2.90 (+3.02%)Riser - Igas Energy
Spread: 6.00Spread as %: 6.25%Open: 96.20High: 97.00Low: 91.00Yesterday’s Close: 96.10


Share Discussion for Igas Energy


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GoldMap
Posts: 51
Off Topic
Opinion:Buy
Price:97.70
Ellesmere Port Planning
Tue 16:23
Ellesmere Port extended well tests planning decision due soon. Committee meeting Thu 25 Jan 2018 see link below. The Conventional Oil Production from “more than 100 sites around the country”(IGas). IMO more than justifies current SP. If commercial amounts of Gas are eventually proved at one or more of the many potential IGas licences SP should take off. DYOR

https://pa.cheshirewestandchester.gov.uk/online-applications/applicationDetails.do?activeTab=dates&keyVal=OTG0L0TE0I800

http://www.igas-engage.co.uk/our-work-in-ellesmere-port/

https://www.igasplc.com/media/38277/Interims-2017.
 
Itsriskythat
Posts: 276
Off Topic
Opinion:No Opinion
Price:97.90
RE: SP
13 Jan '18
I see that IGas also has a diagram of their licences overlying the 2013 BGS shale areas on page 11 of their 2017 Interims presentation
Itsriskythat
Posts: 276
Off Topic
Opinion:No Opinion
Price:97.90
RE: SP
13 Jan '18
Appreciate you getting back on that, just printing out page 44, and going to take a look in detail.
MarktheSpark
Posts: 1,589
Off Topic
Opinion:Buy
Price:97.90
RE: SP
13 Jan '18
Correction..... "further WEST as well such as Ince Marshes" not esst.
MarktheSpark
Posts: 1,589
Answer
Opinion:Buy
Price:97.90
RE: SP
13 Jan '18
If you look at Figure 44 of the BGS paper linked to the Cuadrilla press release you will see areas deemed prospective for shale gas across the North of England. The Gainsborough Trough is underlain by a thick layer of Bowland Shale at a depth which would generate sufficient pressure to release the gas. Only drilling will see if it's truly productive but the signs are good...otherwise they wouldn't be exploring there!! Igas of course do have licences further east as well such as Ince Marshes. I did actually hear an interview with a BGS geologist a few years back (sorry haven't got a link) who said he thought the eastern areas might actually be a better bet than the Blackpool area.

Just out of interest I think what's required for productive shale is sufficient depth, decent organic content of the right type in the shale, sufficient "crackability" for fracking to take effect and enough porousity to allow the gas to flow smoothly through the rock. You can measure all these things from rock samples so I expect when Cuadrilla say they are excited about their drill cores they mean that their measurements are in an OK range on these measures.
roguetrader83
Posts: 455
Off Topic
Opinion:No Opinion
Price:97.90
RE: SP
12 Jan '18
Anti frackers also lost their last chance in court for PNR site.
Itsriskythat
Posts: 276
Off Topic
Opinion:No Opinion
Price:97.90
RE: SP
12 Jan '18
Also think it's the Cuadrilla news, but Cuadrilla are in the Bowland Shale, whereas IGas are in the Gainsborough Trough and Cleveland Basin. Is there a direct read-across to IGas?
Oilmajor123
Posts: 1
Off Topic
Opinion:No Opinion
Price:96.90
RE: nearly
12 Jan '18
Only another £9 increase for me, in for the long haul me thinks...
roguetrader83
Posts: 455
Off Topic
Opinion:No Opinion
Price:96.90
SP
12 Jan '18
Frankel1
Posts: 10
Off Topic
Opinion:No Opinion
Price:96.90
Mark cap
12 Jan '18
Hi

Can anyone tell me what %, if any, of today’s value is ‘hope value’ associated with fracking taking off? I seem to recall someone saying last year it is 0 and that all the value is tied into the conventional income streams the business has.

If so, happy days....risk reward is still massive.




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