IGAS.L Regulatory News (IGAS)

10 March 2015

IGas Energy plc

("IGas" or the "Company")

Company Presentation

Further to the Company's announcement this morning that it has signed a Farm out and Purchase Agreement ("FOPA") with INEOS Upstream Limited, a map and further details of the licences subject to the FOPA have been uploaded to www.igasplc.com/investors. As stated in the materials, IGas currently has Gas Initially In Place ("GIIP") of 147 TCF* (most likely case.) On completion, IGas will transfer 222k net acres and 67 TCF** (most likely case) of GIIP to Ineos (based on IGas estimates and including PEDL 012 and PEDL 200).

*excluding Weald Basin licences areas and Coal Bed Methane

** excluding Coal Bed Methane

John Blaymires, Chief Operating Officer of IGas Energy Plc, and a qualified person as defined in the Guidance Note for Mining, Oil and Gas Companies, March 2006, of the London Stock Exchange, has reviewed and approved the technical information contained in this announcement. Mr. Blaymires has more than 30 years' oil and gas exploration and production experience.

ENQUIRIES

For further information please contact:

IGas Energy plc

Tel: +44 (0)20 7993 9899

Andrew Austin, Chief Executive Officer

Stephen Bowler, Chief Financial Officer

Ann-marie Wilkinson, Head of Communications

Jefferies International Limited (NOMAD and Joint Corporate Broker)

Tel: +44 (0)20 7029 8000

Sara Hale 

Graham Hertrich

Canaccord Genuity (Joint Corporate Broker)

Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor

Vigo Communications

Tel: +44 (0)20 7016 9570

Patrick D'Ancona/Chris McMahon