IGas Energy plc said it was on course to deliver its full year of production within guidance of 1,900 to 1,950 boepd from its assets onshore United Kingdom. OPERATIONS In early October, the company began a production drive to ensure its wells, plant and equipment were operating reliably. IGas increased its operational rigs from three […]
Tag: IGas Energy plc
IGas ‘world class shale gas could supply 3m homes’
IGas Energy plc said five years’ data demonstrated that the company held world class assets of shale gas with the potential to supply three million homes from initial production. POTENTIAL In its interim results, the company added it also had the potential to deliver five production well pads, with each pad having up to 16 […]
IGas swings to a profit and nearly doubles revenues
IGas Energy plc swung to a profit and reduced debt following “exceptionally strong” commodity prices for its onshore oil and gas assets in England and Scotland. FINANCES In the company’s interim results to six months ended 30 June 2022, interim executive chairman Chris Hopkinson also called for streamlined regulations for shale gas following the Government […]
IGas CEO Stephen Bowler leaves by mutual consent
IGas Energy plc’s chief executive officer Stephen Bowler has left the company by mutual consent. The news comes as the company appointed a new chief financial officer and interim executive chairman. Mr Bowler was chief financial officer from November 2011 to May 2015 before becoming CEO. He guided the company through periods of low oil prices […]
IGas appoints Chris Hopkinson as interim chairman
IGas Energy plc has appointed non-executive chairman Chris Hopkinson to the role of interim executive chairman. The news comes as the company’s chief executive officer Stephen Bowler leaves the company by mutual consent. IGas added that it was new phase which required urgent technical aspects in managing its assets and redirection of its portfolio, which […]
IGas appoints Frances Ward as CFO-board director
IGas Energy plc has appointed Frances Ward as chief financial officer and a board director, with immediate effect. Ms Ward has more than 15 years’ senior management experience in the international oil and gas sector. She joined IGas in 2017 as group financial controller and became finance director in July 2020. Her current directorships are […]