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50-41: IGas Energy to Young & Co's

50. IGAS ENERGY

There’s no shortage of press comment on the subject of hydraulic fracturing – or ‘fracking’ – in the UK. This controversial method of releasing hydrocarbons from tight geological formations has taken off over the past decades due to advances in directional drilling hardware and 3D appraisal technology. And though UK companies were quick to exploit the trend towards unconventional sources of oil and gas abroad, there have been limited opportunities domestically. Aim-traded IGas Energy (IGAS) is looking to change all that by replicating the success of shale gas drillers across the Atlantic.

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