UK government backs dash for gas with new licence awards
The Oil & Gas Authority awarded 93 onshore hydro-carbon licences across 159 blocks
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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IGas advances as it increases UK acreage by 25%
IGas has been awarded 17 new licences as part of the UK’s 14th onshore licensing round.
UK shale licensing envisages 98 new wells
Among the recipients are London quoted IGas, Ithaca Energy, Europa, Egdon Resources, UKOG, and Solo Oil.
Investments and investor services
Risers & Fallers: Photonstar, Sound Energy, W Resources...
Below are the main news-driven share price movements at 4pm
Oil giants rise as crude prices bounce back
The price of a barrel of Brent crude rose 1.4% to US$38.5
UK fracking safe and should go ahead, says task force
There is no more risk to public from fracking than other comparable industries, study said
Oil prices to rise and industry set for M&A wave - broker
Cantor Fitzgerald believes oil prices will rise to US$75 a barrel in 2017
Archive
FTSE100 finishes Black Friday down as miners weigh
UK shares ended almost 18 down at 6,375 as traders went shopping it seemed on "Black Friday) and miners weighed heavily.
FTSE100 pares losses though miners still weigh
The FTSE100 dipped 12 points at to 6,381 while over in the US the Dow Jones is poised to start lower on a half-day for the markets.
The government to have final say on Cuadrilla fracking appeal
Shale gas explorer Cuadrilla had an application initially turned down in June on traffic grounds
FTSE 100 lower as miners overshadow Black Friday
There were a few blue chips cheaper as well as Footsie dipped 23 points at the open to 6,369.
Investments and investor services
Risers & Fallers: Patisserie Holdings, Orogen Gold, Zoopla and more...
Below are the main news-driven share price movements at 3.30pm.
IGas Energy's Bowler sees exciting 2016 for UK shale
“It is a very exciting time for the industry as we move into Q1 2016,” Bowler said.
Archive
Aureus Mining acquisition provides upside potential
Brokers were queuing up to applaud Aureus Mining's acquisition of three licences close to its New Liberty gold mine. Meanwhile, VSA thinks things are going to start moving Egdon Resources' way soon.
Proactive oil & gas highlights – FOGL, Genel, Statoil, IGas, Mosman, Europa, 88 Energy
FOGL's disappointment in the deep-waters of the South Atlantic was probably the week's high profile story
Investments and investor services
Proactive news highlights: Asiamet, Mosman, 88 Energy, CloudTag, Servision, Metminco and more
North River, Silence Therapeutics and Clinigen also reported.
IGas advances planning application for shale project in Nottinghamshire
“The drilling of the wells at Springs Road would be an important step in helping us to understand the shale gas potential in North Nottinghamshire," Stephen Bowler said.
Investments and investor services
Proactive new summary including Aminex, Solo Oil Fastjet, Kibo Mining, IGas, Asiamet and more...
A flurry of announcements from the consortium involved in Horse Hill got investors excited today.
IGas Energy hires new CFO
Separately an AGM statement highlighted 'progress in spite of oil price volatility'