Independent Resources plc is a United Kingdom-based holding company. The Company, through its subsidiaries, is principally engaged in the appraisal and development of a number of integrated oil and gas related projects. It operates in four segments: Parent company, Rivara, Ribolla Basin coal bed methane (CBM) and Shale Gas Assets, and Ksar Hadada. It has operations in the United Kingdom, Italy and Tunisia. The Company�s projects include Rivara gas storage facility, Fiume Bruna coal bed methane project and Ksar Hadada exploration acreage. The Casoni and Fiume Bruna blocks cover 390 square kilometers (96,000 acres) and contain more than 140 square kilometers (35,000 acres). In August 2009, the Company drilled the FB1 well. During the fiscal year ended September 30, 2010 (fiscal 2010), it secured the Casoni permit. During fiscal 2010, the Company farmed out a portion of its interest in the Ksar Hadada oil and gas exploration permit, which covers 5,600 square kilometers onshore Tunisia.