Igas Energy Share Discussion Threads

[2baffled] 17/12/2015 12:52

INEOS take 6 Cheshire blocks, IGAS / GDF SUEZ E&P UK LIMITED the other 4.

[2baffled] 17/12/2015 12:41

OGA interactive map, '14th. Round'.

[accept t&cs, then expand/zoom map and click on a block to see awardee].

[2baffled] 17/12/2015 12:40

OGA interactive map, '14th. Round'.

[accept t&cs, then expand/zoom map and click on a block to see awardee].

[ibug] 17/12/2015 12:29

FOR A LIST OF THE AWARDS:

[ibug] 17/12/2015 12:07

Government set to reveal potential fracking sites


The Government is expected to announce where fracking might potentially take place in Britain later today.

It comes after ministers controversially approved plans to allow fracking below national parks, world heritage sites and areas of outstanding natural beauty.

From around midday, the government will reveal who has successfully bid for a licence to frack in 139 parts of the country.

[ibug] 17/12/2015 11:20

IGAS Energy PLC 150% Potential Upside Indicated by Canaccord Genuity
Posted by: Ruth Bannister 17th December 2015

IGAS Energy PLC using EPIC/TICKER code LON:IGAS has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘SPECULATIVE BUY’ this morning by analysts at Canaccord Genuity. IGAS Energy PLC are listed in the Oil & Gas sector within AIM. Canaccord Genuity have set their target price at 55 GBX on its stock.

This now indicates the analyst believes there is a possible upside of 150% from today’s opening price of 22 GBX. Over the last 30 and 90 trading days the company share price has increased 2.25 points and decreased 8 points respectively.


www.directorstalkinterviews.com/igas-energy-plc-150-potential-upside-indicated-by-canaccord-genuity/412687564

[ibug] 17/12/2015 10:13

IGAS Energy PLC (LON:IGAS)‘s stock had its “speculative buy” rating reiterated by equities researchers at Canaccord Genuity in a note issued to investors on Thursday, AnalystRatingsNetwork.com reports.

They currently have a GBX 55 ($0.83) price objective on the stock. Canaccord Genuity’s target price would suggest a potential upside of 155.81% from the stock’s previous close.

[hawkwind4] 17/12/2015 09:20

This jury will remain out for now and wait and see.

[haydock] 17/12/2015 09:10

Actually to be fair Roger on NW. News also gave the greens a bad time re the N. Parks lakes d. advert a few weeks ago.

Suggest just a good journo.

[ibug] 17/12/2015 08:27

David Lenigas ‏@DavidLenigas 2h2 hours ago

14th onshore Oil and Gas bid round to be announced on over 100 licences around lunch time today, say the BBC ONE just now.

8 retweets 6 likes
Reply Retweet 8
Like 6
More

[temmujin] 16/12/2015 18:43

no need to frack when we have UKOG..

[hawkwind4] 16/12/2015 18:33

Funny how posters are now taking interest here now that we have a remit to go forward.

FFFF.


Frack For Finances and Freedom


Roger Johnson North West News tonight, wow, is this man against fraccing. Questions he asked an independent expert/advisor, "is this going to wreak the national parks?", then when not happy with the reply asked are they then going to be ringed by fraccing sites, what inane questions.
Two negative members were allowed to air their views on the show followed by those inane remarks.

About time the beeb put out a positive attitude on this industry instead of getting more behind the anti fraccing views.

[ibug] 16/12/2015 15:55

MPs have voted by 298 to 261 to allow fracking under national parks amid calls for stronger safeguards.

It means fracking will only be allowed 1,200m below national parks, with drilling taking place from outside the protected areas.

Critics including Labour and Greenpeace have accused the government of a U-turn after it pledged an outright ban on fracking in national parks.

Ministers said their plans will protect "our most precious landscapes".
The draft regulations were approved in a ballot vote on Wednesday without a debate.

[ibug] 16/12/2015 13:35

The UK is going into reverse on renewable energy while pressing the accelerator on fracking, according to former Environment Agency chairman Lord Chris Smith.

The final report of a shale gas taskforce led by Lord Smith concludes that the UK should be pursuing both fracking and green energy. It finds shale gas could be safely and usefully produced in the UK, providing strict environmental protections are in place.

The taskforce report was welcomed by the shale gas trade body, UK Onshore Oil and Gas (UKOOG).

“We have already seen a significant shift to imported gas [and] shale gas will provide a means of enhancing the UK’s energy security,” said Ken Cronin, chief executive of UKOOG. “The industry is committed to working with communities and enabling them to share in the economic benefits. We now need to get on and find out how much shale gas we have beneath our feet.”

A Decc spokesman said of the taskforce report: “This report confirms what we have been saying for some time – that with the right standards in place fracking can take place safely. With more than 50 years of drilling experience in the UK and one of the best records in the world for economic development while protecting our environment and people, we should press on and get exploration moving.”

[ibug] 16/12/2015 13:34

The UK should begin exploratory drilling for shale gas to help the transition to a renewable energy future - but only if the toughest safeguards are in place.

The recommendation is made by the Task Force on Shale Gas in its final report - insisting the conclusion is independent despite its work being funded by the industry.

Such drilling work would involve the use of controversial fracking - the process of injecting water, sand and chemicals deep underground at high pressure to fracture the rocks and release gas - or oil - inside.


The task force insisted it could be done "safely and usefully" provided tight controls were in place.

It (Other OTC: ITGL - news) said: "The risk from shale gas to the local environment or to public health is no greater than that associated with comparable industries provided, as with all industrial works, that operators follow best practice".

It argued the economic benefits could only be discovered if drilling was to begin - suggesting there was the potential for thousands of new jobs to be created.

[ibug] 16/12/2015 13:31

Shares in IGAS Energy (LSE: IGAS) have soared by as much as 50% today despite there being no news releases made by the company. The shale gas specialist's share price has been relatively volatile of late, following the release of its half-year results.

Although they showed a widening of its losses versus the comparable period from last year, there were major impairments of goodwill and assets which, while having the potential to continue in an oil price environment, mean that the headline financial numbers do not fully reflect the progress being made by the company.

Looking ahead to 2016, IGAS Energy is upbeat regarding the prospects for shale gas. The company is delivering on its five-year plan and, with a relatively high cash balance, appears to have the financial resources through which to become a profitable entity in the long run.

[wordog] 16/12/2015 13:27

Looks like Misson Exploration will go ahead. Consultation finishes on the 23 Dec?

hxxp://drillordrop.com/2015/12/15/bassetlaw-planners-recommend-no-objection-to-shale-gas-plan-but-opponents-say-scheme-is-flawed/

[wordog] 16/12/2015 13:18

apfindlay - IGas are a leading UK onshore O&G producer (~2500 boe/day) I believe.

Shale gas is in the exploratory phase, the difference being that the time from discovery-production is much quicker and cheaper than offshore or remote onshore such as 88E.

Sorry, I don't agree with you.

[apfindley] 16/12/2015 12:51

No idea why people are pumping into these shale companies today.With such a low oil price, most of these companies will not have discoveries which are economical at $35 a barrel.Once the oil price starts rising then there may get something to cheer about, but for now surely theres better profits to be made with conventional oil at $20 or less with other producing oil companies.IRG would be a good example.88E also although not producing but nearing the end of an important drill

[hawkwind4] 16/12/2015 10:15

In the know Wise Buy

[haydock] 16/12/2015 09:46

09:42 - 16/12

Buy 472516 20.25p £95,684.49

Something technical ?

[haydock] 16/12/2015 09:04

The next round is due to be announced.

With thanks to Buttiboy on LSE

Councillors in north Nottinghamshire are being advised not to object to a plan by IGas for shale exploration at Misson in Bassetlaw.

A report by Bassetlaw planning officers has recommended the committee does not object. It said the scheme complies with planning policy. Impacts on noise, lighting, air quality, vibration and the local environment could be mitigated and would be only temporary.

IGas has applied for planning permission for three years to drill one vertical and one horizontal shale gas exploration well at a site off Springs Road, in Misson. It has said it will not carry out hydraulic fracturing. IGas has said the main target is the Bowland Shale but it also sought to explore sandstones within the Millstone Grit Group and the Carboniferous Limestone Supergroup.

The vertical well would be up 3,500m deep. Well site construction is expected to last three months; drilling operations up to nine months and assessment of the wells another six months.

Drilling the wells, using a rig up to 60m high, would be 24-hours a day, seven days a week.

The proposed site is a former Ministry of Defence training and bombing site. It was used by the Bloodhound Missile surface-to air defence unit until 1963. It is 125m from Misson Car Nature Reserve, a Site of Special Scientific Interest. Misson village is 2.9km away and Finningley 2.8km. The nearest homes are 268m or more from the site.

Giddy up !

[slogsweep] 14/12/2015 08:41

spot on wordog, it doesn't matter what we do any effect will be swamped by countries where population growth is out of control. No one has said anything about how much our emissions are increased by our sustainable population of 50m being increased to 70m by immigration. An immediate stop to net immigration, removal of all child subsidies (which encourages people who can't afford them to have too many children) and expulsion of illegals should rank before turning the lights off, freezing to death and visiting the grandchildren in reducing carbon emissions.