Investor Conference Call

RNS Number : 9183Z

Infrastrata PLC

06 September 2018

 

06 September 2018

InfraStrata plc

("InfraStrata" or the "Company")

Investor Conference Call

InfraStrata plc (AIM: INFA), the UK quoted company focused on the development of natural gas storage capacity on Islandmagee, County Antrim, Northern Ireland, would like to provide a reminder of its investor and analyst conference call scheduled for 17:30 (U.K. local time) today. 

The Company's Chief Executive Officer, John Wood, and Chairman, Graham Lyon, will host the call followed by a question and answer session.

To participate in this conference call, please dial in to the following:

Standard International Access
[phone]
UK Toll Free
0808 109 0700

Password

Infrastrata

Shortly following the conference call, a recording will be available to download from the Company website www.infrastrata.co.uk for the next seven days.

For further information, please contact:

InfraStrata plc John Wood, CEO Graham Lyon, Chairman	c/o Yellow Jersey [phone]
Allenby Capital Limited (AIM Nominated Adviser & Joint Broker) Jeremy Porter / Alex Brearley / Liz Kirchner	[phone]
SI Capital Limited (Joint Broker) Nick Emerson	[phone]
Yellow Jersey Tim Thomson / Harriet Jackson / Henry Wilkinson	[phone]

-ENDS-

Notes to editors:

InfraStrata is an independent gas storage company focused on the UK and Ireland. Further information is available on the Company's website: www.infrastrata.co.uk.

Background on the Islandmagee Storage Project

The Islandmagee gas storage project is a proposed salt cavern gas storage facility located on Islandmagee in County Antrim, Northern Ireland. The Board of InfraStrata believes that the proposed 500 million cubic metres Natural Gas Cavern Storage facility will provide over 25% of the UK's Natural Gas Storage once constructed, and will be situated adjacent to the Scotland Northern Ireland (gas) Pipeline (SNIP) and the Moyle 500 Megawatt Electricity Interconnector. Work commenced in 2007 with the acquisition of 3D seismic data to image the Permian salt in the Larne Lough area. During 2012, planning permission was granted for the project and a gas storage licence was issued by the Utility Regulator. In 2015 a well was drilled to core the salt and confirm the technical feasibility of the project, supported in part by the European Commission. The Front End Engineering and Design (FEED) element of the Project is scheduled for completion by the end of 2018. To date approximately £11.5m has been invested in the project.

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

The Front End Engineering & Design (FEED) and Insitu Downhole Testing programme for the Islandmagee gas storage project is co-financed by the European Union's Connecting Europe Facility.

Disclaimer releasing the European Union from any liability in terms of the content of the dissemination materials:

"The sole responsibility of this publication lies with the author. The European Union is not responsible for any use that may be made of the information contained therein."

 

END

 

 

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