IGas Energy confirms talks with bondholders and new investors
IGas confirmed it is talking to bondholders and strategic investors about restructuring its capital, it may result in the group's conventional assets being sold.
Company
IGas Energy PLC
LON:IGAS
IGas Energy is a leading British oil and gas explorer and developer, producing c.1m barrels of oil and gas equivalent every year from over 100 sites across the country, with significant potential yet to be delivered from our assets.IGas has played a key role in Britain’s onshore energy production; safely exploring, developing and producing onshore oil and gas at our sites for over three decades. Our management and technical teams have many years of experience in onshore energy production and most live and work in the communities in which we operate.IGas is extremely well positioned for the future as we move closer to unlocking Britain’s untapped unconventional oil and gas resources
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