Trapper Jim
19 Nov 2015
Lancashire County Council May change their minds about allowing fracking when faced with such stringent budget cuts.They need the income from new industry.
eltelex
08 Oct 2015
Re: Broker Price target 164p today agree.Ratcliffe will push for a bullish approach.Expect to see lots of activity from now on.Ratcliffe building stake in conventional play in UK with SNS gas acquisition.He will get his way on the drilling of land wells. Now is a very good entry point - so cheap.
lambrini girl
07 Oct 2015
Re: Broker Price target 164p today >>>Are you predicting a large market correction in the Autumn ?....<<<Im expecting a very volatile year(similar to 2011)..dont ask how/why(its my system)..BUY back at 20p..
eltelex
05 Oct 2015
private owner Ratcliffe bought gas assets Ratcliffe is certainly a growing influence in the UK energy scene and he has a hbit of getting his way - drilling is underway. Ineos has invested £168m in UK shale gas exploration through a deal with IGas Energy that will see the companies drill up to 11 wells in the North West and frack six of them. The petrochemicals giant said it would pay an initial £30m for stakes of 50pc-60pc in seven exploration blocks in the Bowland basin in Cheshire and north Wales, as well as an option of a stake in two East Midlands blocks and buying IGas out of one block in Scotland. Ineos has also committed to pay up to £138m to fund exploration in the Bowland licences, where IGas has already drilled three wells. The proposed work involves drilling six vertical wells, one of which would be fracked, and five horizontal wells, all of which would be fracked.
Barrington58
05 Oct 2015
I was agreeing with you until your last sentence Dragon lol
eltelex
15 Sep 2015
Great news update IGas submitted a request in May 2015 to Nottinghamshire County Council for exploratory shale gas drilling. However, the planning manager for Nottinghamshire County Council, Sally Gill, notified IGas that the Infrastructure Act of 2015 includes a requirement for the level of methane in groundwater to be monitored for a period of 12 months before hydraulic fracturing can begin. This groundwater monitoring programme requires a separate planning application.IGas has therefore applied to Nottinghamshire County Council for planning permission to drill up to 12 boreholes in order to monitor groundwater with a view to eventually explore the shale gas potential of Nottinghamshire. The planning application includes 12 boreholes across four locations on land off Springs Road, approximately 20 miles (32 km) from Doncaster. The purpose of the wells is to help establish existing groundwater conditions by monitoring the boreholes for a period of at least 12 months and possibly longer depending on the outcome of any future exploratory drilling application.
Omaha man
09 Sep 2015
Re: about eight licences for IGAS It isn't going to happen. If the economics don't stop it - which they probably will - then the people certainly will.
pharmaspecialist
08 Sep 2015
Re: given up Yes, I sold most of mine a while ago and I think this is sensible. I would agree that dealmaking at $90 per barrel now look foolish but most oil/gas/mining company CEOs seem to like taking risks with their companies for reasons that escape me - I think it must be in their DNA. However one silver lining from the crash in oil prices is that it shows which companies are being run in a conservative and sensible manner. The answer is hardly any in the small oil company sector but you may want to have a look at Amerisur Resources as they seem to be a very careful not to overstretch themselves and produce oil very cheaply. I think you are more likely to get your money back with them than by leaving it with IGAS.
eltelex
08 Sep 2015
about eight licences for IGAS This is going to happen chaps.getting in now is cheap.
cashpharma
26 Aug 2015
given up Finally gave up on igas at big loss- can't bear the thought of losing all my investment like the Afren shareholders did. Shale could be the future but whether igas will survive to benefit is anyone's guess. Energy prices are just too low generally and AA's dealmaking at $90 brl now looks very foolish indeed.
eltelex
21 Aug 2015
slight blip - buying opportunity topped up
eltelex
21 Aug 2015
massive gas price increases to come Government intervention will happen.Locam authorities can't be trusted to make such a national decision.I am sure the application next time will be successful and then IGAS will be back in ascendency.
Iwouldnt touchem
18 Aug 2015
New Digs Looks like some more positive news out on forthcoming licences !
hethersett62
05 Aug 2015
Application. With thanks :visionon on ADVFN. 5 Aug'15 - 07:44 - 6668 of 6668 0 0 [link] A gas firm has applied for planning permission to drill monitoring boreholes in Nottinghamshire linked to exploratory shale gas drilling. Island Gas Limited wants to install the boreholes off Springs Road, near Misson, to monitor groundwater. Any shale gas drilling would require a separate application. Nottinghamshire County Council said methane levels in the water would be checked for 12 months before any fracking could start. The drilling would be undertaken over two weeks in several locations, and would take place between 07
0 and 190 BST. No drilling would occur at weekends or on bank holidays. 'Back clean energy' Sally Gill, planning manager for the council, said: "The Infrastructure Act 2015 includes a requirement for the level of methane in groundwater to be monitored for a period of 12 months before any associated hydraulic fracturing, which would require a separate planning application, can begin. "The proposed development would assist IGas in collecting the necessary monitoring information." Friends of the Earth campaigner Donna Hume, said: "The government should throw its weight behind the UK's huge clean energy potential, which is far more popular with the public, and give David Cameron a much-needed credibility boost ahead of this year's climate talks in Paris." In July, Lancashire County Council refused permission by shale gas firm Cuadrilla to drill and frack at two sites in the county. Fracking - or hydraulic fracturing - was suspended in the UK in 2011 following earth tremors in Blackpool, where Cuadrilla previously drilled. It is a technique in which water and chemicals are pumped into shale rock at high pressure to extract gas.
