Chemical kingpin snaps up UK shale

IGAS, the UK based shale gas hunter that gobbled up Arrow Energy spin-off Dart Energy for its promising European suite of assets, has struck a joint venture with European gas-hungry private chemical giant Ineos.

Chemical kingpin snaps up UK shale Chemical kingpin snaps up UK shale Chemical kingpin snaps up UK shale Chemical kingpin snaps up UK shale Chemical kingpin snaps up UK shale

The deal is valued at $58 million (about £30 million) in cash payable to IGas on completion and involves the chemical firm funding up to $266 million (gross) of which IGas' share would be $125

loader

Most read Region