Shares in Angus Energy rose this morning as the company announced it had taken out a £1.4m loan with a property company.
Losses in IGas more than doubled in 2019 to more than £50m as the company turned its back on shale exploration in north west England, annual accounts have revealed.
The private equity company, Kerogen Capital, is proposing to invest US$35m in IGas, it was announced this morning. The deal depends on a restructuring of IGas’s bonds and may require approval from the Takeover Panel.
Guest post by Nick Grealy As shale companies prepare to explore for gas in the East Midlands, North Yorkshire and Lancashire, would-be operator Nick Grealy says there’s a whiff of hypocrisy about why London – and other cities in the south – have been left out of the […]