IGas selected to deliver geothermal energy to UK hospital
IGas (AIM: IGAS), the onshore oil and gas firm, has been selected as preferred bidder to deliver geothermal energy to a UK hospital.
IGas
Mantashe defends merger plans, Rompco pre-emption
Creation of a strong national oil company is essential to meeting South Africa’s energy needs, Minister of Mineral and Energy Resources Gwede Mantashe has said.
Sasol sells Rompco stake to Reatile, AIIM
South Africa’s Reatile Group and African Infrastructure Investment Managers (AIIM) have teamed up to buy a 30% stake in Sasol’s Mozambique pipeline.
South Africa plans state petroleum merger
South Africa will merge the three subsidiaries of the Central Energy Fund (CEF) into one National Petroleum Company.
IGas reveals debt restructuring plans, shares drop 5%
Shale company IGas said today that it planned to reduce its debts to £8million from £100million through a financial restructuring
IGas Energy continues stakeholder talks on restructuring
IGas Energy has said it will continue to discuss options with key stakeholders on capital restructuring.
IGas to be handed fate today
IGas will today be told if it can move ahead with its plan to drill two onshore wells in England.
Anti-fracking protesters moved from IGas testing site
Campaigners who had launched a protest on a test drilling site in England have been removed. Six people were arrested during an operation to remove a group of anti-fracking protesters from a test drilling site.
IGas appoints new finance chief
UK-shale gas developer IGas has appointed Julian Tedder as chief financial officer and board director.
IGas offered licences in latest onshore round
IGas said it has been offered six new licences in the first group of licences awarded in the UK’s 14th onshore oil and gas licensing round. The company said the licences are located in the Gainsborough Trough in the East Midnlands and include exploration prospects for both shale gas and conventional oil and gas. IGas already operate 80 sites in the area with many having been in production for more than 20 years.
Permission sought for exploratory fracking work in Nottinghamshire
An energy company has applied for permission to explore the potential for fracking in north Nottinghamshire. IGas Limited want to drill 12 bore holes on land in Misson, close to the boundary with South Yorkshire.
IGas sees signs of shale gas at UK site
The onshore hydrocarbon producer, IGas, has encountered signs of shale gas at its Ellesmere Port exploration well in the North West of England. The company spudded the well last month and reached total depth ahead of schedule two days ago. IGas said the vertical exploration well encountered a thick section of the coal measure interval as well as a shale sequence, before penetrating the key Dinantian limestone geophysical marker.
IGas spuds onshore well
The onshore hydrocarbon producer, IGas, has spudded a well in the North West of England. IGas said the vertical exploration well at Ellesmere Port in Chesire is the next to be drilled in a sequence designed to give the company a “suite of results” from a number of wells distributed across its licensed areas in the region.