News

July 27, 2010

IGas Energy Well Makes Good Progress As The AIM Company Aligns Itself With Clean Energy Innovators At Keele University

With students home for the summer holidays, Keele University is a tranquil place to visit (save for the roaming parking inspectors, who are zealous in their pursuit of minor parking offences). Yet this pleasant leafy campus in North Staffordshire is the surprising location for a drilling rig, which is currently burrowing laterally under the university estate searching for gas-rich seams of coal.

Oilbarrel.com regulars will perhaps remember that Keele University is hosting AIM-quoted IGas Energy and its Canadian partner Nexen as they drill for coal bed methane on its lands.  “There’s a huge resource of gas under our feet,” says Professor Peter Styles of Keele’s Earth Sciences department as he showed your Oilbarrel.com correspondent around the remarkably low key drillsite on the fringes of the university’s latest building spree.  “The coal here lies in very thick sequences, and...