Oil & gas explorer and producer IGas Energy has taken a step forward in its drive to expand its oil operations in the North West of England. The company announced the start of drilling on a well at Ellesmere Port, Cheshire on Saturday. According to IGas, the vertical exploration well will allow futu
Read moreLONDON, Nov 17 (Reuters) - British shale gas operator IGas has spudded its third shale gas well as part of a drilling programme in northwest England that will help determine how much gas can be retrieved from underground rocks in its licence areas. The onshore oil and gas operator last wee
Read moreIgas Energy said its previous communication to investors over its chief executive's (CEO) facility with Equities First Holdings represented "full and correct disclosure" under market rules. On 16 January, Igas said that Andrew Austin, the group CEO, had purchased 300,000 shares in the company at a p
Read moreLONDON, Nov 10 (Reuters) - Britain's upper house of parliament will on Monday consider plans for a sovereign wealth fund to be set up with revenues raised from shale gas, a source of energy which the government hopes will offset the decline of output from the North Sea. As part of discussio
Read moreNorth Sea oil & gas group Trap Oil announced a management shake-up, cost cuts from job losses and the £1.86m sale of the rest of its stake in IGas Energy. Trap, which is focused on the UK Continental Shelf, said chief executive Mark Groves Gidney and chief operating officer Paul Collins quit at the
Read more* GIIP estimate range increased on Barton Moss results * Mineralogy comparable to Marcellus, Fayetville shale plays (Adds more detail) LONDON, Nov 4 (Reuters) - British shale gas explorer IGas Energy has increased its estimates of how much gas is in its shale projects following the
Read moreLONDON, Nov 4 (Reuters) - British shale gas explorer IGas Energy has increased its estimates of how much gas is in its shale projects following the results of an exploration well drill in northwest England, the firm said on Tuesday. IGas said its net gas-initially-in-place estimates now ran
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