LONDON (Alliance News) - Oil and gas company InfraStrata PLC on Friday said it has signed a data release agreement related to seismic data in Northern Ireland.
The company said under the deal its Islandmagee Storage Ltd subsidiary will receive GBP400,000 in cash. It did not say who it had signed the agreement with.
The group said the funding will be used for its 2015 programme.
Shares in InfraStrata were up 2.9% to 4.50 pence on Friday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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