IGas Energy plc said it hoped to work with the Government and communities to produce shale gas at its licences in the UK. SCIENCE The company was responding to today’s message from the Prime Minister on the lifting of the moratorium on hydraulic fracturing in England and a review of energy regulation. “We have always […]
Tag: IGas Energy plc
IGas NED Tushar Kumar leaves
IGas Energy plc announced that non-executive director (NED) Tushar Kumar will resign with immediate effect to assume a new role at another investment company. Mr Kumar was one of two NEDs appointed to the IGas board by Kerogen Capital. The private equity fund manager’s other nomination Philip Jackson remains on the board. Kerogen Capital retains the […]
IGas appoints Kate Coppinger to the board as independent NED
IGas Energy plc has appointed Kate Coppinger to the board as an independent non-executive director (NED) with immediate effect. Ms Coppinger is currently a NED at Serica Energy plc and has more than 20 years’ experience advising energy companies on M&A and strategy. She will be a member of the audit and remuneration committees at […]
IGas appoints Chris Hopkinson as independent NED
IGas Energy plc has appointed Chris Hopkinson as independent non-executive director with immediate effect. The company said that he would take over the role of non-executive chairman from Cuth McDowell in due course. Mr Hopkinson will be a member of the audit, nominations and remuneration committees. He is currently non-executive chairman of oil and gas […]
IGas Energy interim chairman Cuth McDowell to retire
IGas Energy plc announced that non-executive director and current interim non-executive chairman Cuth McDowell is to retire. Mr McDowell notified the board of his intention to step down later this year after 10 years’ service.
IGas RBL shows debt headroom of $8.6m
IGas Energy plc confirmed it had US$27 million (£19.5m) of debt capacity and current headroom of $8.6m (£6.2m). The figures come from the onshore oil and gas company’s six-monthly Reserves Based Lending (RBL) facility redetermination exercise. As at 30 June 2021, the onshore oil and gas company’s cash balances stood at $3.6m, with net debt […]