IGas Energy plc is exploring for, appraising, developing and producing oil and gas resources in Great Britain. It is engaged in both unconventional and conventional hydrocarbons on-shore in Britain. In the North West and Staffordshire it has more than 500,000 acres under license, which are for the development of unconventional resources. In the East Midlands, it has two production centers: Welton and Gainsborough/Beckingham. It produces hydrocarbons in the East Midlands. As of March 31, 2012, production from this area accounted for approximately 60% of its total production. The Welton area is made up of six fields and a gathering center where the produced oil, gas and water are separated. On December 6, 2013, the Company announced that it has completed the acquisition of Caithness Oil Limited.