IGas CEO Says Shale Gas Production in U.K. May Start in 3 Years
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Commercial production of shale gas from IGas Energy Plc’s U.K. sites is likely in three years, its chief executive officer said.
IGas plans to drill two exploratory wells before the end of the year, Andrew Austin said in an interview in London. The company will have gas-in-place estimates by the end of May, after which a decision on where to drill can be made, he said.