IGas acquired Caithness in December 2013 which includes a 100% interest in the Lybster Field which is drilled from onshore to offshore. The field was discovered in the 1996 by Premier Oil plc, at well 11/24-1 which tested 36 API oil at over 2,000bopd from the Beatrice Formation.

The field was put into production in May 2012 and, prior to being temporarily shut-in for a routine workover, was producing approximately 200bopd gross and in excess of 2mscf/d of associated gas. We are currently seeking planning permission to install Compressed Natural Gas (CNG) equipment on the site.

Click to view the presentation given on 8th June 2016 to Lybster community about our plans.

The producing well is located 1 mile south of the village of Lybster and approximately 63 miles North of the Nigg Terminal. Initial processing takes place on site.

• 100% Participating Interest in Block 11/23 (“Licence P1270");
• 100% Participating Interest in onshore Blocks ND 1a, 2a, 12, 13a, 23a and 33a ("Licence PEDL 158");

We also have a:

• 100% Participating interest in the West Fife block PEDL 163