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IGASThu, 06th Oct 2016 14:34
LONDON (Alliance News) - Igas Energy PLC and Egdon Resources PLC Tuesday said they have completed their sale of interests in the UK licences PEDL139 and PEDL140 to Total E&P UK Ltd, part of France's Total SA. The onshore exploration and development oil and gas companies said that all of the
Read moreLONDON (Alliance News) - IGas Energy PLC Thursday said Chief Executive Officer Andrew Austin, Chief Finacial Officer Stephen Bowler and Chief Operating Officer John Blaymires were all allotted 1,107 shares under the company share plan at a price of 101.5 pence per share. Following this tran
Read moreLONDON (Alliance News) - Trap Oil PLC Wednesday said it has achieved a licence extension and is looking at further opportunities in the upcoming UK licensing round. The oil and gas exploration and production company, with operations in the UK North Sea, said it is looking to secure opportun
Read moreThe government could sell its next batch of Lloyds Banking Group shares as early as mid-February, the Sunday Telegraph said. The sale would be a book-build for institutional investors followed by a large offer to retail investors. Labour leader Ed Miliband's call for the breakup of Britain's biggest
Read moreIGas Energy, a British onshore oil and gas explorer and developer, was one of the top risers on AIM on Thursday as Chief Executive Andrew Austin dipped into the market. Austin shelled out £0.4m on 300,000 shares at 135.38p, even though the shares are trading around all-time highs. The purchase in
Read moreLONDON (Alliance News) - IGas Energy PLC Thursday said Chief Executive Officer Andrew Austin purchased 300,000 shares at a price of 135.38p pence each, or GBP406,140 in total. In order to fund the acquisition, Austin entered into a loan facility, transferring up to 7.5 million IGas shares a
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Britain's junior-listed AIM shares are up 0.5 percent into mid-session, outperforming rises of 0.3 percent on the small caps and 0.1 percent on the mid-caps thanks to a rally in AIM-listed energy stocks. IGas Energy jumps 11.4 percent after the oil and gas explorer and developer and its pa
Read more* Shares in Total partners IGas, Egdon Resources rally * IGas to remain operator until development phase * Environmental groups oppose shale fracking By Karolin Schaps LONDON, Jan 13 (Reuters) - France's Total on Monday became the first oil and gas major to enter Britain's
Read moreFrench petrochemicals major Total has announced its decision to 'farm-in' into two shale gas exploration licenses in the UK Midlands currently operated by eCORP of the US, giving a boost to the government's efforts to recreate a US-Style boom in the sector. That is the third transaction recently
Read moreLONDON, Jan 13 (Reuters) - Shares in Egdon Resources and IGas Energy soared on Monday after the partners signed a farm-out deal with Total SA, making the French company the first oil major to back shale gas exploration in Britain. Shares in Egdon rose 45 percent to 13.55 pence at 0816 GMT,
Read moreLONDON, Jan 13 (Reuters) - British local councils that allow shale gas developments will keep 100 percent of a levy they collect from the sites under a government move to persuade communities to accept the fracking process used to extract the gas. The local tax, known as business rates, is
Read moreMELBOURNE, Jan 13 (Reuters) - Total has agreed to invest up to $48 million for a stake in shale licenses in Britain, the first major oil company to back the industry in a country seen as one of Europe's strongest prospects for unconventional oil and gas development. Dart Energy said on Mond
Read moreLONDON, Jan 11 (Reuters) - Total is set to become the first major oil company to invest in Britain's nascent shale gas industry, boosting the industry's profile in a country seen as one of Europe's strongest prospects for unconventional oil and gas development. The French group is set to co
Read moreLONDON, Jan 11 (Reuters) - France's Total is set to become the first major oil company to invest in Britain's nascent shale gas industry, sources said, boosting hopes for a pick-up in exploration to help assess the commerciality of the resource. Total will on Monday announce a deal to commi
Read moreLONDON, Dec 5 (Reuters) - Britain's finance minister George Osborne confirmed tax breaks for shale gas on Thursday, as part of government efforts to stimulate new domestic energy sources following a boost in support for offshore wind farms earlier in the week. The tax allowance, first annou
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