InfraStrata Raised GBP925,000 Through Placing Of 385.4 Million Shares (ALLISS)
LONDON (Alliance News) - InfraStrata PLC, a company focused on development of strategic gas storage capacity, said on Wednesday it raised GBP925,000 through the
Read moreFri, 14th Jun 2019 10:16
LONDON (Alliance News) - InfraStrata PLC, a company focused on development of strategic gas storage capacity, said on Wednesday it raised GBP925,000 through the
Read more(ShareCast News) - Gas storage company InfraStrata swung to a slight profit as it secured funding from the European Union for its Islandmagee project, while it seeks to gain a further £3m. The company made a profit for the year ended 31 July 2016 of £66,955, compared to a loss of £6.1m last the prev
Read more(ShareCast News) - Independent gas storage company InfraStrata updated the market on Wednesday, on its working capital position and fundraising activities following its announcement on 4 November. The AIM-traded company said it is continuing to examine its options with its advisers for securing the
Read more(ShareCast News) - Independent petroleum exploration and gas storage company InfraStrata reported on Tuesday that its wholly owned subsidiary, InfraStrata UK, has acquired an additional 25% equity stake in Islandmagee Storage (IMSL). The AIM-traded firm said Islandmagee is the developer of the gas s
Read more(ShareCast News) - InfraStrata repaid its loan from Baron Oil early but modified the terms of its loan agreement, extending the latter's right to buy into its Islandmagee development in exchange for a cash payment. In May 2015, Baron provided €1.8m to fund Infrastrata's working capital requirements
Read more(ShareCast News) - Shares in InfraStrata and Baron Oil fell more than 20% after they confirmed the Woodburn Forest-1 well in Northern Ireland would be plugged and abandoned. The well, in County Antrim, was drilled to a depth of 2,000 metres and encountered two conventional sandstone reservoir interv
Read more(ShareCast News) - InfraStrata has begun drilling the Woodburn Forest-1 well in County Antrim, with Baron Oil owning a 10% interest of Northern Ireland Petroleum Licence PL1/10, in which the well sits. The well would be drilled to 2,000m and target three conventional sandstone reservoir intervals, t
Read more(ShareCast News) - Independent petroleum exploration and gas storage company InfraStrata made a public statement on the contentious Woodburn Forest project on Friday, promising to progress with its drilling programme as a possible injunction hearing loomed. On Thursday, the High Court in Northern Ir
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