IGAS 1/2 Yearly Results, page-19

Oil price has killed IGAS and at these levels it probably has no value because it would never make a profit at current oil prices. The little real revenue they get now will vanish when any hedging they have in place runs out and they will then either be taken over cheaply or try to raise capital again. Shareholders lose either way. I also wonder if there are out clauses in the funding 'agreements' they have. That would surely be the end. If it was still trading as DTE it would be ~ 4c now.