About IGas

We finalised the acquistion of Star Energy

Construction begins at Doe Green 3

We finalised the acquisition of Nexen Exploration UK Ltd

We signed an agreement with Nexen Petroleum UK Limited to acquire Nexen Exploration UK Limited, making our Group the operator and sole owner of all our licences. This also added greatly to the skills of our existing team.

We created a commercial joint venture with Meehan Drilling, granting us direct access to at least 120 days drilling capacity (rig equipment and personnel) in 2011

We raised £20.6m through a placing of shares to institutional investors

Assessment of IGas shale resource by Equipoise Solutions shows up to 1.95Tcf (3C) unrisked Gas Initially In Place (GIIP)

Commencement of drilling at Keele University

Appointment of COO - John Blaymires

Accretive acquisition of licence interests from Nexen boosting resources by 38% and giving us operatorship of Point of Ayr, an increased stake by 25% to 75% in Point of Ayr and increased stakes by 15% to 35% in Four Oaks, North Dees and Parkside licences

We raised £13.75m through placing.

We increased equity ownership of acreage in Swallowcroft through farm up agreement with Nexen from 20 per cent to 35 per cent

We raised £3.5m through placing

We started commercial sales of electricity generated from CBM.

We generated first electricity from CBM in the UK, and has second field development plan approved.

We received approval for field development programme for Doe Green site

Equipoise Solutions assessed land awarded in 13th Licensing Round, 74% increase in Gas Initially In Place

Our framework agreement with Peel Environmental Ltd gave us access to coal bed methane production sites within Peel’s land holdings in the North West

We raised £2.1m through placing

We were awarded PEDL 193, PEDL 184 and PEDL 190 by the secretary of state in the 13th onshore licensing round. These were all within 15 kilometres of IGas Energy’s existing operations and added a further 646 square kilometres to the existing acreage

We were admitted to AIM following a reversal into KP Renewables plc

We entered into a joint venture agreement with Nexen Exploration U.K. Limited

We were set up to produce and market domestically sourced gas, primarily using coal bed methane (CBM), and were incorporated in the UK