IGAS Igas Energy Plc

TIDMIGAS

RNS Number : 7408N

Igas Energy PLC

22 January 2019

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

22 January 2019

IGas Energy plc (AIM: IGAS)

("IGas" or "the Company")

Operational Update - Springs Road Well

IGas is pleased to announce the spud of the Springs Road-1 exploration well at Misson Springs, in North Nottinghamshire.

This exploratory well is a vertical well targeting the Bowland Shale geological formation.

This is the second well that forms part of an integrated exploration and appraisal programme to better define the basin and is located in the central basin area.

For further information please contact:

IGas Energy plc

Tel: +44 (0)20 7993 9899

Stephen Bowler, Chief Executive Officer

Julian Tedder, Chief Financial Officer

Ann-marie Wilkinson, Director of Corporate Affairs

Investec Bank plc (NOMAD and Joint Corporate Broker)

Tel: +44 (0)20 7597 5970

Sara Hale/Jeremy Ellis/Neil Coleman

Canaccord Genuity (Joint Corporate Broker)

Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor

Vigo Communications

Tel: +44 (0)20 7830 0230

Patrick d'Ancona/Chris McMahon

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