Scandoil  

IGas Energy completes farm-out with INEOS Upstream


Published May 8, 2015
IGas Energy

IGas has completed the farm-out and purchase agreement (FOPA) with INEOS.

INEOS will assume operatorship of PEDLs 133, 145 and 193 and EXL 273 in phases, following an orderly handover.

All of the necessary consents and approvals have now been received from DECC.

Commenting today, Andrew Austin, Chief Executive said, 'We are delighted to have completed the transaction with INEOS and look forward to working with the INEOS team over the coming years. We now are operating on behalf of Total, GdF and INEOS, with a gross carried work programme of US$285m, to unlock the shale gas potential across the North West and East Midlands.'

Tags: IGas Energy, INEOS Upstream




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml