30 September 2014

                                                                 IGas Energy plc ("IGas" or "the Company")


                                                                   Court approves Scheme of Arrangement

The Board of IGas is pleased to note the announcement today by Dart Energy Limited ("Dart")regarding the proposed recommended acquisition of Dart by IGas by way of Scheme of Arrangement between Dart and its shareholders ("Scheme").

Dart announced that the Supreme Court of Queensland ("Court") has today issued orders approving the Scheme.  The Scheme will now be implemented in accordance with the timetable released on 24 September 2014 which is set out below:

Event

Indicative date

Effective Date

Wednesday 1 October 2014

Implementation Date (new shares in IGas issued to Dart shareholders and IGas acquires all Dart shares)

Thursday 16 October 2014

New IGas Shares admitted to trading on AIM

Friday 17 October 2014

- Ends -

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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