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Igas Energy ups shale gas estimates on British well results

Tue, 04th Nov 2014 09:26

LONDON, Nov 4 (Reuters) - British shale gas explorer IGasEnergy has increased its estimates of how much gas isin its shale projects following the results of an explorationwell drill in northwest England, the firm said on Tuesday.

IGas said its net gas-initially-in-place estimates now rangebetween 34 trillion cubic feet (tcf) and 263 tcf, with 147 tcfdeemend the "most likely".

Previously, the firm saw the range between 15 and 172 tcf,with 102 tcf the "most likely". (Reporting by Nina Chestney, editing by William Hardy)

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