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IGAS Energy PLC

IGAS.L

Latest Trade

13.98GBp

Change

-0.08(-0.53%)

Volume

53,797

Today's Range

13.50

 - 

13.80

52 Week Range

12.04

 - 

38.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Latest Developments

Igas Energy H1 Revenue 16.6 Million Stg

Sept 22 (Reuters) - IGas Energy PLC <IGAS.L>::H1 REVENUE 16.6 MILLION STG.NET PRODUCTION AVERAGED 2,005 BOEPD IN H1; 2021 FY NET PRODUCTION IS NOW FORECAST TO BE C.2,000 BOEPD.FULL YEAR UNDERLYING CASH OPERATING COSTS PER BOE ANTICIPATED TO BE C.$38/BOE.

IGas Energy Says Agreement Signed With Ceraphi Energy

Sept 16 (Reuters) - IGas Energy PLC <IGAS.L>::IGAS ENERGY PLC - AGREEMENT SIGNED WITH CERAPHI ENERGY.IGAS ENERGY PLC - AGREED A HEADS OF TERMS (HOT) WITH CERAPHI ENERGY, A SPECIALIST IN REPURPOSING OIL AND GAS ASSETS FOR GEOTHERMAL ENERGY.

IGas Energy Says It Continues To Expect 2021 Net Production Of 2,150-2,350 Boepd

May 13 (Reuters) - IGas Energy PLC <IGAS.L>::IGAS ENERGY PLC - CONTINUE TO ANTICIPATE NET PRODUCTION OF BETWEEN 2,150-2,350 BOEPD FOR 2021.IGAS ENERGY- HEDGED 270,400 BBLS FOR REMAINDER OF 2021 AT AVERAGE FLOOR RATE OF $44/BBL AND 60,000 BBLS FOR Q1 OF 2022 AT AVERAGE RATE OF $60/BBL.IGAS ENERGY PLC - CONTINUE TO HAVE POSITIVE DISCUSSIONS WITH GOVERNMENT REGARDING FUTURE FINANCIAL SUPPORT FOR OUR GEOTHERMAL PROJECTS.

Igas Energy Sees Net Production In 2021 Between 2,150 Boepd And 2,350 Boepd

April 7 (Reuters) - IGas Energy PLC <IGAS.L>::FY ADJUSTED EBITDA 4.0 MILLION STG VERSUS 13.8 MILLION STG YEAR AGO.FY REVENUE 21.6 MILLION STG VERSUS 40.9 MILLION STG YEAR AGO.FY LOSS AFTER TAX -42.1 MILLION STG.FY NET PRODUCTION AVERAGED 1,907 BOEPD, IN LINE WITH REVISED FORECAST OF 1,850 - 2,050 FOR FULL YEAR.ANTICIPATE NET PRODUCTION IN 2021 OF BETWEEN 2,150 BOEPD AND 2,350 BOEPD.

IGas Energy FY Net Production Averaged 1,907 Boepd

Feb 11 (Reuters) - IGas Energy PLC <IGAS.L>::IGAS ENERGY PLC - TRADING AND RESERVES UPDATE.IGAS ENERGY PLC - NET PRODUCTION AVERAGED 1,907 BOEPD FOR YEAR,.IGAS ENERGY - ANTICIPATE NET PRODUCTION OF BETWEEN 2,150-2,350 BOEPD AND OPERATING COSTS OF C.$32/BOE (ASSUMING AN EXCHANGE RATE OF £1:$1.35) IN 2021.IGAS ENERGY PLC - WELTON AND SCAMPTON WATERFLOOD PROJECTS ARE NOW ON LINE AND IN COMMISSIONING STAGE..

Igas Energy H1 Revenue 10.5 Mln Stg Vs. 21.2 Mln Stg Year Ago

Sept 22 (Reuters) - IGas Energy PLC <IGAS.L>::H1 LOSS AFTER TAX FROM CONTINUING OPERATIONS -30 MILLION STG VERSUS 800,000 STG PROFIT YEAR AGO.H1 ADJUSTED EBITDA 2.2 MILLION STG VERSUS 7.7 MILLION STG YEAR AGO.H1 REVENUE 10.5 MILLION STG VERSUS 21.2 MILLION STG YEAR AGO.EXPECTING AVERAGE NET PRODUCTION FOR YEAR TO BE WITHIN 1,850 - 2,050 BOEPD RANGE.

IGas Energy Says Net Debt Was £10.8 Mln As At May 31

June 5 (Reuters) - IGas Energy PLC <IGAS.L>::IGAS ENERGY PLC - AS AT 31 MAY 2020 CASH BALANCES WERE £2.2 MILLION AND NET DEBT WAS £10.8 MILLION.IGAS ENERGY PLC - HAD HEDGED A TOTAL OF 200,000 BBLS FOR REMAINDER OF 2020 AT AN AVERAGE RATE OF $54.3/BBL.IGAS ENERGY PLC - ALSO HEDGED $7 MILLION INTO STERLING AT AN AVERAGE RATE OF $1.17:£1 FOR REMAINDER OF 2020.

IGas Energy FY Rev 40.9 Mln Stg Vs 42.9 Mln Stg Year Ago

April 9 (Reuters) - IGas Energy PLC <IGAS.L>::FY REVENUE 40.9 MILLION STG VERSUS 42.9 MILLION STG YEAR AGO.FY ADJUSTED EBITDA 13.8 MILLION STG VERSUS 10.8 MILLION STG.FY LOSS AFTER TAX 49.8 MILLION STG VERSUS 21.4 MILLION STG.NET PRODUCTION AVERAGED 2,325 BOEPD FOR YEAR (2018: 2,258 BOEPD), WITHIN GUIDANCE.OPERATING COSTS FOR YEAR WERE C. $30/BOE (AT AN AVERAGE 2019 EXCHANGE RATE OF £1:$1.28) (2018: $31.9/BOE).IGAS ENERGY - ANTICIPATE NET PRODUCTION OF BETWEEN 2,250-2,450 BOEPD, OPERATING COSTS OF C.$27.5/BOE (ASSUMING AN EXCHANGE RATE OF £1:$1.20) IN 2020.CHALLENGING ENVIRONMENT AND MATERIAL UNCERTAINTY THAT EXISTS COULD HAVE FUTURE IMPACTS ON BUSINESS..CURRENTLY, GROUP'S OPERATIONS CONTINUE TO FUNCTION AS NORMAL.CANNOT RULE OUT FUTURE IMPACTS ON BUSINESS GIVEN MATERIAL UNCERTAINTY THAT EXISTS IN CURRENT ENVIRONMENT.TRIMMED OUR CAPITAL EXPENDITURE BUDGET BY £4 MILLION TO £6 MILLION.

IGas Energy Says Publication Of Final Results Will Be Delayed Pending Further Advice

March 23 (Reuters) - IGas Energy PLC <IGAS.L>::IGAS ENERGY PLC - PUBLICATION OF FINAL RESULTS WILL BE DELAYED PENDING FURTHER ADVICE.

Igas Energy Anticipate Net Production Of Between 2,250 Boepd To 2,450 Boepd In 2020

Feb 6 (Reuters) - IGas Energy PLC <IGAS.L>::IGAS ENERGY PLC - RESERVES AND TRADING UPDATE.IGAS ENERGY- ANTICIPATE NET PRODUCTION OF BETWEEN 2,250-2,450 BOEPD, OPERATING COSTS OF C.$30/BOE (ASSUMING AN EXCHANGE RATE OF £1:$1.30) IN 2020.IGAS ENERGY PLC - NET PRODUCTION AVERAGED 2,325 BOEPD FOR YEAR.IGAS ENERGY PLC - WATERFLOOD PROJECTS REMAIN ON TRACK BOTH IN TERMS OF DELIVERY AND BUDGET, AND ARE EXPECTED TO BE ONLINE IN H1 2020.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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