rns igas shale rock

RNS OUT NOW

on IGAS MANCHESTER & NORTH WEST OF ENGLAND
DART ENERGY ARE PARTNERS WITH SOME OF IGAS PEDLs

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=IGAS&ArticleCode=urloptca&ArticleHeadline=Exploration_Drilling_and_Operational_Update

North West

IGas is now in the process of implementing a programme to acquire ca. 100 km2 of 3-D seismic data in the North West with a view to firming up several potential exploration and development sites in the area, prior to the drilling of our next well. This 3-D seismic will also fulfil UKOOG Shale Gas guidelines, the recommendations of the Royal Society and Royal Academy of Engineers and is a requirement of the Department of Energy and Climate Change consent process prior to any shale gas hydraulic fracturing and flow testing operations being undertaken. This data will inform any future hydraulic fracture design and help to ensure minimal environmental impact.

East Midlands

In the East Midlands we have now completed our 3-D seismic acquisition on PEDL 139/140 on behalf of our joint venture partners, Total E&P UK Limited, Egdon Resources, Dart Energy and eCorp. We will now appraise the results with a view to site selection, before preparing both an Environmental Risk Assessment and subsequently a full Environmental Impact Assessment for the identified exploration well. In parallel, a comprehensive community engagement programme in the selected area will commence.

Commenting Chief Executive, Andrew Austin, said

"These early exploration results are key to our understanding of the potential resource in the area.

"We are pleased that the drilling has completed on time and on budget. We have worked extensively over the last few months with the various authorities to ensure the safety of everyone on and around site including protestors and neighbours. Our priority remains to conduct our operations safely, in an environmentally responsible manner and with consideration for the local community. "