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IGas Energy gets OK for Nottinghamshire shale gas exploration

Tue, 15th Nov 2016 15:00

(ShareCast News) - Shale gas developer IGas Energy has been granted planning consent by Nottinghamshire County Council to drill two exploratory wells in Misson Springs, North Nottinghamshire.Chief executive officer Stephen Bowler said: "We are at a critical juncture in the future of our energy mix and supply, as we move away from coal towards lower carbon energy sources. We rely significantly on gas in the UK, not just for electricity, but also in heating eight out of 10 homes and as a raw material in the manufacture of many everyday products, including plastics and clothing. "We believe the future of the area is as important as its rich history and, with the demise of coal mining in the area, see an important role for shale development in the creation of future jobs and prosperity."Councillors voted seven to four in favour of the planning application and although fracking is not part of the company's proposals, it could take pace if IGas finds shale gas.IGas will have to make another planning application if it does decide it wants to use hydraulic fracturing to recover shale gas at the site.Industry body United Kingdom Onshore Oil and Gas welcomed the council's decision.Chief executive Ken Cronin said: "This follows the successful applications for onshore oil and gas developments in North Yorkshire and Lancashire and shows positive momentum towards finding out what natural gas resources we have beneath our feet that can be developed for the good of the whole of the UK. 84% of our homes use gas for heating and by 2035 four fifths of that gas will come from outside the UK - that is why this is important."At 1550 GMT, IGas shares were up 8.7% to 12.50p.
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8 Jun 2022 16:02

UK shareholder meetings calendar - next 7 days

Thursday 9 June 
4basebio PLCAGM
BioPharma Credit PLCAGM
BlackRock Smaller Companies Trust PLCAGM
Checkit PLCAGM
Corero Network Security PLCAGM
Dignity PLCAGM
Funding Circle Holdings PLCAGM
Instem PLCAGM
Invesco Perpetual UK Smaller Companies Investment Trust PLCAGM
Kistos PLCAGM
Kore Potash PLCAGM
Kosmos Energy PLCAGM
Northbridge Industrial Services PLCGM re name change to Crestchic
Northbridge Industrial Services PLCAGM
Panther Metals PLCAGM
Rambler Metals & Mining PLCAGM
REA Holdings PLCAGM
Round Hill Music Royalty Fund LtdAGM
Tungsten Corp PLCGM re Kofax Offer
Xpediator PLCAGM
Friday 10 June 
Chariot LtdAGM
Ergomed PLCAGM
MP Evans Group PLCAGM
THG PLCAGM
Ultra Electronics Holdings PLCAGM
XLMedia PLCAGM
Monday 13 June 
Angus Energy PLCGM re second tranche of subscription shares and warrants
Elixirr International PLCAGM
Jupiter Emerging & Frontier Income Trust PLCGM re voluntary liquidation
Mirriad Advertising PLCAGM
Ocean Outdoor LtdGM re takeover by Atairos Group Inc
Saga PLCAGM
Spectra Systems CorpAGM
VPC Speciality Lending Investments PLCAGM
Tuesday 14 June 
Andrews Sykes Group PLCAGM
Coro Energy PLCAGM
DCD Media PLCGM re de-listing from AIM
Everyman Media Group PLCAGM
Fair Oaks Income LtdAGM
Genflow Biosciences PLCAGM
IP Group PLCAGM
LoopUp Group PLCAGM
Pod Point Group Holdings PLCAGM
SDX Energy PLCAGM
Somero Enterprises IncAGM
St Mark Homes PLCAGM
Wednesday 15 June 
Angling Direct PLCAGM
888 Holdings PLCAGM
Christie Group PLCAGM
Deltic Energy PLCAGM
Distribution Finance Capital Holdings PLCAGM
Ferrexpo PLCAGM
Foresight Solar Fund LtdAGM
Foxtons Group PLCAGM
IGas Energy PLCAGM
NAHL Group PLCAGM
NB Global Monthly Income Fund LtdAGM
Phoenix Spree Deutschland LtdAGM
Science in Sport PLCAGM
SourceBio International PLCAGM
Standard Life Investments Property Income Trust PLCAGM
Tortilla Mexican Grill PLCAGM
WANdisco PLCAGM
Whitbread PLCAGM
Xaar PLCAGM
  
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22 Feb 2022 16:35

IGas strikes geothermal development deal with Cornish Lithium

(Sharecast News) - IGas has agreed a heads of terms with mineral exploration and development company Cornish Lithium, it announced on Tuesday, to evaluate suitable sites where geothermal heat could be developed on a commercial basis.

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10 Jan 2022 14:27

IN BRIEF: IGas Energy picks Enwell Energy chair to head its own board

IN BRIEF: IGas Energy picks Enwell Energy chair to head its own board

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4 Jan 2022 14:05

IN BRIEF: IGas Energy completes redetermination process

IN BRIEF: IGas Energy completes redetermination process

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1 Dec 2021 15:59

EXECUTIVE CHANGES: GCP Infrastructure picks Rothschild banker as chair

EXECUTIVE CHANGES: GCP Infrastructure picks Rothschild banker as chair

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18 Oct 2021 15:21

IGas agrees solar farm development deal with Iona Capital

(Sharecast News) - IGas Energy has agreed a heads of terms with Iona Capital, it announced on Monday, which it described as an investor with a "long track record" of investing in UK renewable energy projects.

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18 Oct 2021 15:12

TRADING UPDATES: Mind Gym revenue recovers; Dispersion buys Accru

TRADING UPDATES: Mind Gym revenue recovers; Dispersion buys Accru

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22 Sep 2021 14:21

IN BRIEF: IGas first-half loss narrows; geothermal strategy progresses

IN BRIEF: IGas first-half loss narrows; geothermal strategy progresses

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20 Sep 2021 12:06

IGas Energy rockets on SSE agreement

(Sharecast News) - Shares of IGas Energy surged on Monday after it signed a memorandum of understanding with SSE for the development of a geothermal district heating project in Stoke-on-Trent.

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20 Sep 2021 11:29

AIM WINNERS & LOSERS: MyHealthChecked up, Sourcebio down on UK rules

AIM WINNERS & LOSERS: MyHealthChecked up, Sourcebio down on UK rules

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20 Sep 2021 10:40

IGas Energy shares soar on Stoke-on-Trent heating deal with SSE Heat

IGas Energy shares soar on Stoke-on-Trent heating deal with SSE Heat

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