Drilling Update: Ellesmere Port Well Spudded

RNS Number : 1656X

Igas Energy PLC

17 November 2014

 



17 November 2014

IGas Energy PLC

("IGas" or "the Company")

Ellesmere Port Well Spudded

IGas (LSE: IGAS), one of the leading producers of onshore hydrocarbons in the UK, is pleased to announce that the Company  spudded the well at Ellesmere Port on Saturday 15^th November. 

The well, which is a vertical exploration well, is the next to be drilled in a sequence designed to give IGas a suite of results from a number of wells distributed across the Company's  licenced areas in the North West.  
This programme is designed to validate the geological model and has already given us valuable data to evaluate the potential and begin to plan for future development.

The bulk of the current 2D seismic acquisition, in the North West, has been completed.

For further information please contact:

IGas Energy plc	Tel: [phone]
Andrew Austin, Chief Executive Officer Stephen Bowler, Chief Financial Officer Ann-marie Wilkinson, Head of Communications
Jefferies International Limited	Tel: [phone]
Sara Hale Graham Hertrich Canaccord Genuity Tim Redfern	Tel: [phone]

MHP

Rupert Trefgarne                                                                    Tel: [phone]

 

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