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Data release agreement signed

30 Jan 2015 07:00

RNS Number : 5569D
Infrastrata PLC
30 January 2015
 



 

 

 

30 January 2015 For immediate release

 

 

InfraStrata plc

("InfraStrata" or the "Company")

 

 

 

Data release agreement signed

 

The Board of InfraStrata plc (AIM:INFA), the independent petroleum exploration and gas storage company, is pleased to announce that it has concluded a data release agreement in respect of proprietary seismic data in Northern Ireland for which its subsidiary Islandmagee Storage Limited will receive £400,000 in cash. This will be applied towards the funding of the 2015 programme, central to which is the drilling of the Islandmagee-1 well.

 

 

For further information please contact:

 

InfraStrata plc

 

Andrew Hindle, Chief Executive Officer 020 8332 1200

Stewart McGarrity, Finance Director

 

Financial PR - Buchanan

Richard Darby/ Anna Michniewicz 020 7466 5000

 

Nominated Advisor and Joint Broker - Arden Partners plc

 

Chris Hardie/ Michael McNeilly 020 7614 5917

 

Joint Broker - VSA Capital Limited

 

Andrew Raca/ Richard Buckle 020 3005 5004

 

 

Notes to Editors:

 

Background on InfraStrata plc

 

InfraStrata is an independent petroleum exploration and gas storage company focused on the UK and Ireland.

 

Further information is available on the Company's website www.infrastrata.co.uk.

 

 

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