In a trading update issued today IGas formally declared that the Tinker Lane borehole had been plugged and abandoned with restoration of the site to follow. An extract from that statement follows:
“We reached TD of the Tinker Lane well in December 2018. The purpose of the well was to delineate the edge of the shale in the Gainsborough Trough basin. Whilst indications of hydrocarbons were encountered within the Millstone Grit, the Bowland Shale was not present in the well. The well has now been plugged and abandoned, and plans are being drawn up to fully restore the site to its former condition.”
This update came via TINKER LANE
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