Igas Energy Share Price (IGAS)

Dominic Cummings is a loose cannon and has a massive bias for science. Furthermore his father constructed oil wells for Laing so he clearly has a lot of inside knowledge and understanding.
Don't be surprised if he backs carbon capture and UK based suppliers, he suffers fools badly and is ruthless.
The next couple of years could be very interesting in my humble opinion.
Last week on Skye News the CEO of the Drax power station explained that it is about to transfer from coal burning to gas burning in order to reduce carbon emissions.
Gas is going to be around for the foreseeable future even if only to supply the millions of gas central heating systems and cooking facilities across the country and if carbon capture can be developed sufficiently then gas could become a serious competitor to 'renewables' most of which aren't actually renewable.
All IMHO, good luck all.

IGas Energy (IGAS) announced a reserves and trading update. Compared to a current market capitalisation of £48 million, the independent expert’s valuation of conventional assets is around $180 million on a 2P NPV10 basis, and approximately £15.5 million of free operating cash flow was generated in 2019 from the conventional business before administrative expenses, capital investment and finance costs.

https://twitter.com/Share_Talk/status/1226473251435663360

https://www.share-talk.com/oil-man-jim-company-oil-gas-podcast-blog-9th-february-2020/

Rivestone bails out of UK fracking; sells its shares in Cuadrilla to A J Lucas.
Another investor has seen sense.

Nope.
High Volume Fracking in the UK is dead.
As a dodo.

The UK will be dependent on imported gas for many years. Concerns for geopolitical risk of supplies from Russia and the Middle East will make it prudent to focus on short term capability to produce home supplies. Hydraulic fracturing will be sold to sceptics as a replacement for gas from these high risk sources. The security of supply arguments will allow the government to justify a start up of extraction of proven reserves.