Finally, analysts at Canaccord Genuity raised their price target on shares of Igas Energy from GBX 113.23 ($1.76) to GBX 123.07 ($1.92) in a research note to investors on Monday, March 18th.

IGas Energy preparing to drill two further wells in Bowland Shale LONDON (SHARECAST) - AIM-listed onshore hydrocarbon producer IGas Energy intends to drill two additional wells commencing this year so as to further appraise potential resources in the ...

Andrew Austin said IGas, which produces oil and gas onshore in the UK and is planning to start shale exploration this summer, currently paid about �2.1m a year in business rates.

energy market and boost the economy, create thousands of jobs, generate significant tax revenues and reduce our reliance on imported gas,� declared the CEO of a major gas company.

Commercial production of shale gas from IGas Energy Plc (IGAS)'s U.K. sites is likely in three years, its chief executive officer said.

Meanwhile, another UK shale gas player, IGas Energy Plc (LON:IGAS), confirmed plans to drill two wells in 2013 to further appraise its resources in the Bowland Shale property.

Broker Jefferies says IGas Energy, 1.75p cheaper at 82.5p, is one of the few publicly listed ways to gain exposure to the potential of UK shale.

We are not a bunch of climate sceptics, but the energy debate is crucial." Andrew Austin, chief executive of iGas, a shale gas company, said: "The Prince of Wales will do what he has always done. Oil and gas are the same as all companies - we are all ...

Onshore gas explorer and producer IGas Energy (IGAS) has confirmed plans to drill two further wells this year to appraise the potential of its Bowland shale gas reserves in the North West.

Drilling companies will include Cuadrilla Resources, IGas , Celtic, Dart Energy, Egdon Resources , Third Energy, Reach, Europa, Aurora and Rathlin among others, Cronin said. Although Britain expects to issue an upward revised estimate of its shale gas ...