STAR ENERGY GROUP PLC

Report Publication Announcement • Nov 17, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

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 15th 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: +44 (0)20 7993 9899
Andrew Austin, Chief Executive Officer Stephen Bowler, Chief Financial Officer Ann-marie Wilkinson, Head of Communications
Jefferies International Limited	Tel: +44 (0)20 7029 8000
Sara Hale Graham Hertrich Canaccord Genuity Tim Redfern	Tel: +44 (0)20 7523 8000

MHP

Rupert Trefgarne                                                                    Tel: +44 (0)20 3128 8100

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLEAAFKFLFLFAF