17 November 2014

IGas Energy PLC

("IGas" or "the Company")

Ellesmere Port Well Spudded

IGas (LSE: IGAS), one of the leading producers of onshore hydrocarbons in the UK, is pleased to announce that the Company  spudded the well at Ellesmere Port on Saturday 15th November.

The well, which is a vertical exploration well, is the next to be drilled in a sequence designed to give IGas a suite of results from a number of wells distributed across the Company's  licenced areas in the North West.  
This programme is designed to validate the geological model and has already given us valuable data to evaluate the potential and begin to plan for future development.

The bulk of the current 2D seismic acquisition, in the North West, has been completed.

For further information please contact:

IGas Energy plc

Tel: +44 (0)20 7993 9899

Andrew Austin, Chief Executive Officer

Stephen Bowler, Chief Financial Officer

Ann-marie Wilkinson, Head of Communications

Jefferies International Limited

Tel: +44 (0)20 7029 8000

Sara Hale

Graham Hertrich

Canaccord Genuity

Tim Redfern

Tel: +44 (0)20 7523 8000

MHP

Rupert Trefgarne                                                                    Tel: +44 (0)20 3128 8100


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