INEOS has completed the acquisition of Total E&P’s interests in a number of Gainsborough Trough area UK licences operated by IGas in which Egdon has equity interests. Total’s partial exit from the UK shale sector and INEOS’s increasing dominance as the largest holder of UK shale acreage will raise questions over integrated oil sector appetite. Nevertheless, INEOS’s commitment to the sector should ensure that planning applications, seismic surveys and exploratory we
01 Nov 2017
- INEOS acquires interest in Egdon core shale area
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
- INEOS acquires interest in Egdon core shale area
- Published:
01 Nov 2017 -
Author:
Sanjeev Bahl -
Pages:
2
INEOS has completed the acquisition of Total E&P’s interests in a number of Gainsborough Trough area UK licences operated by IGas in which Egdon has equity interests. Total’s partial exit from the UK shale sector and INEOS’s increasing dominance as the largest holder of UK shale acreage will raise questions over integrated oil sector appetite. Nevertheless, INEOS’s commitment to the sector should ensure that planning applications, seismic surveys and exploratory we