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Infrastrata PLC Ord 1P (INFA)

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19-Apr-2021 08:52 AM

InfraStrata narrows first-half losses as revenue jumps

Infrastructure company InfraStrata reported narrower first-half losses following a jump in revenue amid ongoing momentum. For the six-month period ended 31 January 2021, pre-tax losses narrowed to £7.3 million from £10.4 million year-on-yea
01-Apr-2021 09:00 AM

InfraStrata sees momentum continuing following steady progress in Q1

Infrastructure company InfraStrata said has made steady progress since the start of the new fiscal year, booking revenue of about £6.50 million in the eight months to 31 March 2021, with further growth momentum expected this year. 'This is si
27-Dec-2019 07:48 AM

InfraStrata appoints ex-Qinetiq and BAE Systems exec as Chairman

Clive Richardson has been appointed as Chairman of infrastructure specialist InfraStrata. He will start on 1 February 2020. Richardson was recently chief executive of V.Group, one of the world's largest providers of commercial ship management servic
23-Sep-2019 07:30 AM

Infrastrata completes four milestones and on track to complete 2019 on time

Infrastrata has completed pre-construction reports on its Islandmagee gas storage project and expects that the remainder of milestones will be completed on time. The reports were compiled by consultants and the findings are all in line with management ex
17-Apr-2019 01:46 PM

InfraStrata in talks with potential gas storage project partners

Gas storage company InfraStrata posted a first-half loss as it continued to develop its flagship Islandmagee project in Northern Ireland. The company also announced that it was in advanced discussions with two potential equity investors in the project, w
07-Jan-2019 01:54 PM

InfraStrata posts annual loss as it develops gas storage project

Gas storage group InfraStrata posted an annual loss as it continued to focus on the development of its flagship Islandmagee project in Northern Ireland. Pre-tax losses for the year the year through July amounted to £963k, compared to a loss of &pou
08-Jan-2018 08:11 AM

InfraStrata schedules AGM

InfraStrata will hold its annual general meeting at the offices of Kerman & Co at 200 Strand, London, WC2R 1DJ, on 31 Jan at 11 a.m. At 8:11am: (LON:INFA) Infrastrata PLC share price was 0p at 0.41p Story provided by StockMarketWire.com...
22-Dec-2017 09:22 AM

InfraStrata's EU grant facility extended

The European Union's Innovation and Networks Executive Agency has approved InfraStrata's application to extend the availability of the previously awarded EU grant facility until 20 Dec 2018. The grant, which was originally set to expire this m
07-Nov-2017 09:52 AM

InfraStrata appoints chairman

InfraStrata has appointed Graham Lyon as non-executive chairman and Matthew Beardmore as a non-executive director with immediate effect. InfraStrata said: 'These new directors bring with them experience, skills and contacts within the energy secto
19-Oct-2017 01:51 PM

InfraStrata shareholders approve placing

InfraStrata has confirmed that all resolutions were passed by shareholders at today's General Meeting. As a result and pursuant to the Placing announced on 2 October 2017, the Placing Shares are expected to be admitted to trading on AIM tomorrow, 20
27-Jun-2017 01:40 PM

InfraStrata confirms outcome of GM

InfraStrata has announced that, at the general meeting of the Company held earlier today, resolutions 1, 2, 4, 5, 6, 7 and 9 were passed and resolution 10 was not passed. Resolution 10 was to grant authority to disapply pre-emption rights. Resolutions 3
22-May-2017 02:02 PM

InfraStrata reviews strategic options

InfraStrata has announced that it has been in discussions with interested parties to provide the remaining £2.2m funding required to complete the entire Front End Engineering Design ("FEED") and a commercialisation work programme for the I
09-May-2017 01:49 PM

InfraStrata GM requisitioned

InfraStrata has confirmed that Hornbuckle Mitchell Pension Trustees and Tower Pension Trustees have requisitioned a general meeting to propose the following resolutions: 1.That Adrian Richard Pocock be and is hereby appointed as a director of the Company
29-Mar-2017 09:26 AM

InfraStrata repays loan from Baron Oil

InfraStrata has repaid £200,000 drawn down on the secured loan facility with Baron Oil following the completion of the placing to raise £810,000 before expenses announced on 27 February. InfraStrata said the loan facility would now be cancel
16-Mar-2017 08:20 AM

InfraStrata starts FEED for Islandmagee

InfraStrata has started the first phase of front end engineering design, known as 'concept evaluation', for its Islandmagee gas storage project. It said this would be part funded using some of the net proceeds from the placing announced on 27 F
06-Jan-2017 07:30 AM

INFA's profit

Gas storage company InfraStrata swung into the black in the year to the end of July posting a profit of £66,955 against a loss of £6,106,070 last time. The results comprise a loss of £177,614 (2015: loss of £347,842) attributable
04-Jan-2017 07:25 AM

INFA's funding

InfraStrata is continuing to examine its options with its advisers for securing the necessary funding to enable work to commence on the front-end engineering design for the Islandmagee gas storage project, as well as to provide additional working capital
04-Nov-2016 07:27 AM

Islandmagee FEED contractors selected, says InfraStrata

InfraStrata has announced the selection of front-end engineering design contractors for the above-ground facilities and the sub-surface elements of its Islandmagee gas storage project and associated loan funding to partially finance the development of the
26-Sep-2016 02:26 PM

InfraStrata agrees Baron Oil option amendment

InfraStrata has agreed to a modification of the option held by Baron Oil to acquire equity in Islandmagee Storage Limited, the gas storage development company owned 90% by InfraStrata. On 19 August, InfraStrata announced that it had repaid a loan from
16-May-2016 07:43 AM

InfraStrata starts drilling at Woodburn Forest

InfraStrata has started drilling at Woodburn Forest in County Antrim, Northern Ireland. The drilling of the well is expected to take around six weeks to complete. The well will be drilled to a depth of 2,000 metres and target three conventional sandst
11-Mar-2016 07:52 AM

NI well construction under way, says InfraStrata

InfraStrata says wellsite construction has started for the Woodburn Forest-1 well in Northern Ireland. The drilling of the well is expected to commence in May. Chief executive Andrew Hindle said: "We are pleased that the preparations for the well ar
01-Feb-2016 01:01 PM

InfraStrata inks data sharing agreement

InfraStrata says it has concluded an agreement for the sharing, interpretation and integration of data in respect of proprietary data in Northern Ireland acquired by InfraStrata for the Islandmagee gas storage project. The consideration for sharing this
08-Dec-2015 07:36 AM

InfraStrata losses rise

Independent petroleum exploration and gas storage company InfraStrata posts a loss of £6,106,070 for the year ended 31 July (2014: loss £1,246,701) after making impairments of £6,072,785 to reflect the cash proceeds from the exploration asset divestme
25-Aug-2015 08:14 AM

InfraStrata disappointed as Larne exits project

InfraStrata is disappointed that Larne Oil and Gas will not be taking part in the Woodburn Forest-1 project in Northern Ireland. InfraStrata says Larne - which exercised an option to acquire an interest in the project in September 2014 - has run into fu
18-May-2015 07:41 AM

InfraStrata starts drilling at Islandmagee-1

InfraStrata has confirmed the start of drilling operations at the Islandmagee-1 well in Northern Ireland. The company said the Islandmagee-1 well began drilling at 18:00 hours on 15 May. Drilling operations are expected to take around 5 weeks. The we

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