Data release agreement signed

RNS Number : 5569D

Infrastrata PLC

30 January 2015

 



30 January 2015                                                                        For immediate release

InfraStrata plc

("InfraStrata" or the "Company")

Data release agreement signed

The Board of InfraStrata plc (AIM:INFA), the independent petroleum exploration and gas storage company, is pleased to announce that it has concluded a data release agreement in respect of proprietary seismic data in Northern Ireland for which its subsidiary Islandmagee Storage Limited will receive £400,000 in cash. This will be applied towards the funding of the 2015 programme, central to which is the drilling of the Islandmagee-1 well.

For further information please contact:

InfraStrata plc

Andrew Hindle, Chief Executive Officer                                                                020 8332 1200

Stewart McGarrity, Finance Director

Financial PR - Buchanan

Richard Darby/ Anna Michniewicz                                                                        020 7466 5000

Nominated Advisor and Joint Broker - Arden Partners plc

Chris Hardie/ Michael McNeilly                                                                             020 7614 5917

Joint Broker - VSA Capital Limited

Andrew Raca/ Richard Buckle                                                                              020 3005 5004

Notes to Editors:

Background on InfraStrata plc

InfraStrata is an independent petroleum exploration and gas storage company focused on the UK and Ireland.

Further information is available on the Company's website www.infrastrata.co.uk.

 

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