UK oil and gas explorer IGas (LON:IGAS) has spudded a vertical well at Ellesmere Port as part of a program to evaluate its clutch of licences across the North-West.
This program is designed to validate the geological model and allow it to draw up development plans.
Most of the current 2D seismic acquisition in the North West has been completed.
Earlier this month, IGas raised estimates for its projects, defining between 50 and 352 trillion cubic feet (tcf) of gross gas-initially-in-place (GIIP) in the north of England, which included acreage for its recent Dart Energy acquisition.
The shale and conventional explorer recently completed an exploration well at Barton Moss, near Manchester.
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