£500k boost for InfraStrata's gas storage project at Islandmagee
Oil exploration and gas storage company InfraStrata has concluded an agreement for the sharing, interpretation and integration of proprietary data it acquired for the Islandmagee gas storage project.
The consideration for sharing this data is £500k in cash, payable to InfraStrata immediately. These funds will be applied towards the company’s 2016 work programme, central to which is the monetisation of the Islandmagee gas storage project.