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Drilling Update: Ellesmere Port Well Spudded

17 Nov 2014 07:00

RNS Number : 1656X
Igas Energy PLC
17 November 2014
 



 

17 November 2014

IGas Energy PLC

("IGas" or "the Company")

Ellesmere Port Well Spudded

 

IGas (LSE: IGAS), one of the leading producers of onshore hydrocarbons in the UK, is pleased to announce that the Company spudded the well at Ellesmere Port on Saturday 15th November. 

The well, which is a vertical exploration well, is the next to be drilled in a sequence designed to give IGas a suite of results from a number of wells distributed across the Company's licenced areas in the North West. This programme is designed to validate the geological model and has already given us valuable data to evaluate the potential and begin to plan for future development.

The bulk of the current 2D seismic acquisition, in the North West, has been completed.

 

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

Tel: +44 (0)20 7029 8000

Sara Hale

Graham Hertrich

Canaccord Genuity

Tim Redfern

 

 

Tel: +44 (0)20 7523 8000

MHP

Rupert Trefgarne Tel: +44 (0)20 3128 8100

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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