 | This article needs to be updated. (July 2023) |
IGas Energy Plc is an independent oil and gas exploration and production company, incorporated and operating in the United Kingdom, with headquarters in London. The company started and incorporated in 2003 to produce natural gas, primarily coalbed methane. It grew by acquiring Nexen Exploration and Star Energy in 2011, and PR Singleton Limited in 2013.[1] Since December 2011 company shares have traded on the London Stock Exchange under the symbol IGAS.[2]
Since its inception, the company has produced from conventional oil and gas, and coalbed methane reservoirs. The company also holds licences in the Gainsborough Trough, which has been its main focus of shale gas exploration since 2010. IGas has permits for, and plans to drill two shale gas test holes in the Bowland Basin in late 2013; IGas does not have permits to hydraulically fracture the test wells.[3]
- ^ IGas Energy, Board of Directord Archived 2012-02-28 at the Wayback Machine, accessed 27 Aug. 2013.
- ^ London Stock Exchange, IGAS, accessed 27 August 2013.
- ^ Garry White, "Questor share tip: IGas an interesting play on UK shale gas", The Telegraph, 12 Aug. 2013.