IGas provides the results of its studies of the Lower Carboniferous shale, including the Bowland Shale, under its 100% owned licences in the North West of England, an area of 300 square miles.

IGas has constructed a geological model utilising 330 kms of reprocessed seismic lines, subsurface data (including cores, logs) from ca. 20 offset wells and geological data from IGas's well at Ince Marshes. This data has been analysed to give estimates of the reservoir characteristics of the shale formations and the thickness of the shale.

Based on this model, IGas has estimated the volume of Gas Initially In Place ("GIIP") associated with the Shales in the North West, including the Bowland Shale.

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