The latest Investing Matters Podcast episode featuring Alex Schlich, founder and managing director of Yellowstone Advisory, has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksIgas Energy Regulatory News (IGAS)

Share Price Information for Igas Energy (IGAS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 75.60
Bid: 74.80
Ask: 75.60
Change: 0.20 (0.27%)
Spread: 0.80 (1.07%)
Open: 77.40
High: 77.40
Low: 72.00
Prev. Close: 75.60
IGAS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Response to Government Announcement on UK Shale

Tue, 5th Apr 2022 14:26

RNS Number : 3590H
Igas Energy PLC
05 April 2022
 

5 April 2022

IGas Energy plc ("IGas" or "the Company")

 

Response to Government Announcement on UK shale

 

IGas (AIM: IGAS) welcomes the Government's support in its announcement today of a scientific review of shale gas by the British Geological Survey before the end of June 2022.

 

The full text of the Government's announcement can be found here: Scientific review of shale gas launched - GOV.UK (www.gov.uk)

 

Stephen Bowler, CEO, commented:

 

"This is a significant development by the Government and we welcome the opportunity to demonstrate how shale gas can provide safe, secure and affordable energy for the UK.

 

With Government support to rapidly accelerate the development of this strategic national resource, the IGas Board believes it can make this vital, indigenous supply of energy available to British consumers and businesses in a short timeframe.

 

Gas has a key role to play to ensure our future energy supply is secure, affordable and as low carbon as is economically possible. It is used to heat over 80% of homes and by over 60% of the UK's population for cooking. Whilst renewable sources of energy are increasingly producing a greater share of our electricity, gas still provides c.40%.

 

UK shale gas resources can replace imports, reduce prices, boost the country's tax revenues, and lead to job creation in areas where they are most needed to support the Government's levelling up agenda."

 

 

For further information please contact:

IGas Energy plc Tel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Ann-marie Wilkinson, Director of Corporate Affairs

 

Investec Bank plc (NOMAD and Joint Corporate Broker) Tel: +44 (0)20 7597 5970

Sara Hale/Virginia Bull/Jeremy Ellis

 

Canaccord Genuity (Joint Corporate Broker) Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor/James Asensio

 

Vigo Consulting Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Finlay Thomson/Kendall Hill

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCBKPBBNBKDNQK
Date   Source Headline
10th Aug 202210:53 amRNSHolding(s) in Company
4th Aug 20223:01 pmRNSHolding(s) in Company
2nd Aug 20223:39 pmRNSBlock Listing Six Monthly Return
2nd Aug 20227:00 amRNSRBL Redetermination Completed & Notice of Results
1st Aug 20227:00 amRNSTotal Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.