Igas Energy Share Discussion Threads

[svenice7] 15/5/2019 14:31

That was me

[paulpaolo] 15/5/2019 10:42

End of 14th, there was a £300k buy

[svenice7] 14/5/2019 12:20

The RNS was great...

[svenice7] 14/5/2019 12:10

" The cores we recovered at Springs Road were of a high quality and we look forward in anticipation to receiving the results next month"

[currypasty] 14/5/2019 08:04

Analysis of the Springs Road well data suite is on track and we look forward to announcing key results next month

[svenice7] 13/5/2019 11:43

Test results released soon, should start gaining traction.. Ready for the ride. Good luck all holders..

[svenice7] 10/5/2019 13:04

When they publish their data findings at spring road and tinker lane that there is lots of gas down there, the market will start to wake up.Also will our government continue to keep this ridiculously sensitive "traffic light system". 0.5 Richter scale will stop activity if a pigeon farts half a mile away.

[svenice7] 10/5/2019 12:52

The results....

[currypasty] 09/5/2019 08:21

"We mobilised the equipment to Springs Road in early January 2019 and spudded the well on 22 January 2019. In mid-February, we encountered shales on prognosis, at c.2,200 metres depth and drilled through a hydrocarbon bearing shale sequence of over 250 metres, including the upper and lower Bowland Shale. TD has been reached at 3,500 metres after encountering all three targets - Bowland Shale, Millstone Grit and Arundian shales. Significant gas indications were observed throughout the shale section and additionally within the Millstone Grit sequence and the Arundian shale. The cores and wireline logs will now undergo a suite of analysis, the first results of which should be available in the second quarter of 2019. "

[fardels bear] 03/5/2019 10:09

Yes well we knew that. That's why I sold and bought RRE.

[svenice7] 03/5/2019 08:23

It appears our government are in another universe, suckers to extinction rebellion and the NIMBYs. We will be slaves to Russia, Qatar and Texas for the next 30 years...

[svenice7] 29/4/2019 08:59

Fracking tsar resigns after six months over 'ridiculous' ruleshttps://www.bbc.com/news/science-environment-48081314

[fardels bear] 27/4/2019 09:34

On the other hand it could just be that private investors have lost interest. I first bought these at 40p, held to one sixty, got massively diluted and then finally sold out when it became clear that under this tory government progress would be slow and under a Corby regime fracking will be dead in the water, much to the benefit of his chums in the Kremlin..I continue to be interested but don't hold any longer.

[gold map] 03/4/2019 10:07

MMs Short? Spike up? Good news Imminent ? Brent heading for $70 :)

[svenice7] 01/4/2019 17:35

4 arrested this morning at spring road https://www.nottinghampost.com/news/local-news/two-arrested-anti-fracking-protesters-2708632

[paulpaolo] 25/3/2019 17:48

Like most leave voters it was obvious to me that we had to clearly say to the EU, we are not reliant on your deal and will be happy to leave without it, then you can beg us for a deal as Paris is burnt by furious French export workers/farmers. But the remainer MPs have spent their time spitefully making brexit impossible, and spitefully making it costly by saying we have to pay £39b, so they can later say it took so darned long and (thanks to us) was so hard, why don't we make everyone vote again. Nonetheless, the value of fracking to avoid at least a bit of an £8m a day GB gas import bill is still there with or without brexit, n'est-ce pas? The tax on it can help pay for social housing for new economic migrants, and other benefits, too.

[fardels bear] 25/3/2019 17:01

The trouble is that the cowardly MPs voted to remove the no Deal option and without it that whole article falls flat on its face.

[paulpaolo] 25/3/2019 16:58

://www.standard.co.uk/business/market-minnows-igas-is-betting-shale-gas-could-be-a-winner-post-brexit-a4100131.html

The late edition of the evening standard has an igas story that wasn’t in the earliest print edition, even tho’ the on line copy says “4 hours ago”.
“Market minnows: IGAS is betting shale gas could be a winner post Brexit
As the UK heads for the EU exit door, investors must start thinking about what this means for domestic energy policy. Up until now it has been cheaper for the UK to import its oil and gas from European pipelines as well as the North Sea but should we leave the EU without a deal then it may be necessary to look at other options. One company which could benefit is IGas, the UK’s largest onshore and gas producer. IGas is drilling the country’s third shale gas well in the north of England as it looks to follow Cuadrilla into fracking in the UK.

Two weeks ago the firm completed successful tests at that well at Tinker Lane in north Nottinghamshire. The firm is doing the drilling with partner Ineos, which believes the drill tests show it could produce enough shale gas to keep the whole country supplied for 29 years.

Alex Smith at Investec says: “Core analysis is now being conducted and this should give further insight into the resource potential and shale characteristics. The company will give a further update upon completion of the analysis in quarter two [within the period from April to June 2019].” But critics say the shale gas industry has been slower to progress than expected, while recent polling for the Government has revealed increasing opposition to the controversial process for extracting shale gas from deep underground.

Cuadrilla has been testing at its Preston New Road site in Lancashire but tremors at the location have held the company back. Cuadrilla and Ineos want regulations on tremors to be relaxed to allow them to exploit shale gas reserves. Nevertheless the UK remains one of only a few countries in Europe that allows shale gas exploration after a string of EU governments introduced bans on drilling in recent years. Regulation around shale gas developments has also been made easier as the Government recently set up a single watchdog, the Shale Environmental Regulator, “to act as one coherent face for the public, mineral planning authorities and industry”. Previously there had been three regulatory bodies.

Away from shale, IGas has a solid business from its 20 onshore oil fields. Production has remained steady, benefiting from first gas production at its new gas field in Albury back in November.

Brokers at Investec are optimistic about the firm’s prospects and have a 140p target price on the stock.

[fardels bear] 25/3/2019 16:10

Could but probably won't. There are too many Nimbys lawyers who can run rings round these gas production plans.Look at that last planning refusal on the grounds that one gas flare would have a measurable effect on global warming. Ludicrous, but it got the appeal thrown out.Onshore oil and gas exploration dead in my view.

[gold map] 25/3/2019 14:57

Great video interview with IGas CEO, all you need to know. (at 16-17min in) Each Gas Pad could generate enough Gas for Half Million Homes. 60 Pads could reduce UK Gas import dependency by 50% DYOR ;)https://www.malcysblog.com/2019/03/core-finance-ceo-interview-steve-bowler-of-igas-energy/

[muddyfox0151] 20/3/2019 17:26

I had share certificates ?

[muddyfox0151] 20/3/2019 17:24

I bought some igas shares , in 2015,16/17 , 5,800 , shares , for every 200 shares , I got one share back !! Shares got consolidated to sub division ! Have I been ripped off , bought them through , computer share certificate. Now buy through HL. Does anyone know how this can happen ! Thanks your replies