IGas Energy subsidiary wins contract with Salisbury NHS trust
12th Jun 2023 12:42
(Sharecast News) - IGas Energy announced on Monday that its geothermal subsidiary GT Energy has secured a significant contract with the Salisbury NHS Foundation Trust to provide a geothermal heat solution for Salisbury District Hospital.
Read moreIGas picked as preferred bidder for Wythenshawe Hospital heating
30th May 2023 16:38
(Sharecast News) - IGas Energy announced on Tuesday that its geothermal business, GT Energy, has been chosen as the preferred bidder by Manchester University NHS Foundation Trust to implement a geothermal heat solution for Wythenshawe Hospital.
Read moreCanaccord Genuity nudges up price target on iGas Energy
30th Mar 2023 09:52
(Sharecast News) - Analysts at Canaccord Genuity slightly raised their target price on exploration and production company iGas Energy from 75.0p to 80.0p on Thursday as the group's focus on squeezing the most from conventional assets caught its eye.
Read moreIGas Energy recovers from first-half production difficulties
23rd Feb 2023 15:58
(Sharecast News) - IGas Energy said in a trading update on Thursday that its net production for 2022 averaged 1,898 barrels of oil equivalent per day, impacted by supply chain issues and equipment failure in the first half.
Read moreIgas Energy on track to meet full-year production forecast
14th Dec 2022 15:53
(Sharecast News) - UK-focussed onshore energy company Igas updated the market on its operations on Wednesday, reporting that it was on track to deliver its full-year production forecast of between 1,900 and 1,950 barrels of oil equivalent per day.
Read moreCanaccord Genuity lowers target price on iGas following PM's fracking moratorium
31st Oct 2022 09:25
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on exploration and production firm iGas Energy from 100.0p to 85.0p on Monday after the UK government reinstated its moratorium on shale gas fracking.
Read moreIgas threatens legal action after 'shock' of renewed fracking ban
28th Oct 2022 14:32
(Sharecast News) - Igas Energy said on Friday that it was "shocked and disappointed" by the renewed ban on fracking in the UK, after a rollercoaster of regulations amid Westminster's recent political turmoil.
Read moreIGas strikes geothermal development deal with Cornish Lithium
22nd Feb 2022 16:35
(Sharecast News) - IGas has agreed a heads of terms with mineral exploration and development company Cornish Lithium, it announced on Tuesday, to evaluate suitable sites where geothermal heat could be developed on a commercial basis.
Read moreIGas agrees solar farm development deal with Iona Capital
18th Oct 2021 15:21
(Sharecast News) - IGas Energy has agreed a heads of terms with Iona Capital, it announced on Monday, which it described as an investor with a "long track record" of investing in UK renewable energy projects.
Read moreIGas Energy rockets on SSE agreement
20th Sep 2021 12:06
(Sharecast News) - Shares of IGas Energy surged on Monday after it signed a memorandum of understanding with SSE for the development of a geothermal district heating project in Stoke-on-Trent.
Read moreIGas maintains production guidance as it advances new projects
13th May 2021 15:44
(Sharecast News) - IGas Energy said in an update on Thursday that it was still expecting net production of between 2,150 and 2,350 barrels of oil equivalent for 2021.
Read moreIgas Energy reports progress despite pandemic challenges
11th Feb 2021 15:45
(Sharecast News) - Igas Energy updated the market on 2020 on Thursday, reporting that net production averaged 1,907 barrels of oil equivalent per day for the year, within guidance, while operating costs were around $33 per barrel of oil equivalent at an average exchange rate of $1.29 to sterling.
Read moreIGas Energy confirms lending facility headroom
4th Jan 2021 13:39
(Sharecast News) - IGas Energy updated the market following its reserve-based lending facility (RBL) semi-annual recalculation on Monday.
Read moreIGas enters hydrogen heads of terms with BayoTech
26th Oct 2020 15:55
(Sharecast News) - IGas Energy has entered into heads of terms with modular hydrogen generation systems manufacturer BayoTech to produce hydrogen from some of its existing gas resources, it announced on Monday.
Read moreRevenue and earnings fall in first half for iGas
22nd Sep 2020 09:57
(Sharecast News) - Onshore oil and gas exploration and production company iGas Energy reported revenues of £10.5m for its first half on Tuesday, falling from £21.2m year-on-year.
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