The Board is acutely aware of the high level of operating costs onshore in the UK and is working on systems to control and minimise that cost basis while lowering exploration risk and retaining the highest safety and environmental standards. If there is a change from gas heating and cooking to electric heating and cooking then the fall in efficiency due to that conversion has to be taken into account when considering emissions. Many homes utilise gas for heating and cooking, this situation is not going to change overnight and any change over to electricity will result in a greater demand for a base fuel to supply the extra generating capacity that will be required. High volumes of gas are consumed in many manufacturing processes for combustion as well as a feedstock. Heavy industries such as steel making plants cannot work on electricity supplies from renewable sources alone due to the cyclic nature of those sources such as wind, solar and tidal. As part of the bridging process towards lower emission energy, we must learn to integrate new renewable electricity generation projects with onshore gas production areas. The Board’s view is that a change to renewable and nuclear energy is necessary in the future but a period of change will necessitate higher levels of gas generation as coal and oil generating stations are phased out throughout Europe. The change from petrol and diesel engine cars to electric vehicles will accelerate in the not too distant future and the demand for electricity will increase rapidly to cope with charging these vehicles.
The future of Infinity Energy is as an energy company operating oil and gas fields, making acquisitions of companies and/or licences in that sector and related sectors, to operate those assets, to produce hydrocarbons and to generate electricity from gas produced. Gerwyn Williams, being the vendor in the acquisition which forms part of the listing, cannot respond to any queries as the process is a related party transaction carried out on an arm’s length basis. Any queries should be directed to Peterhouse Capital. As part of that acquisition, the Company has announced that it is currently seeking a listing on the Standard Segment of the Main Market of the London Stock Exchange. This means leveraging our collective knowledge and resources to find the most innovative solutions and strategies that result in economies of scale and decreased environmental footprint within the industry.Infinity Energy Limited (“Infinity” or “the Company”) has agreed to acquire 26% of Transgas Limited, a company owned by Gerwyn Williams, Infinity Energy’s CEO.
We believe that in order to continually advance and streamline the oil and gas industry, we must remain highly integrated with our customers, our people, and across the whole Infinity enterprise. The mission of Infinity is to provide the highest quality products and services to the oil and gas industry in the safest way possible. With a level of quality that meets or exceeds industry standards, our ambition is to surpass every client’s expectations while safeguarding the people and environment around us.Īs we continue to expand our product catalog, workforce, customer base, and business, we have made it our mission to perfect and maintain our industry reputation as the standard in safety, quality, consistency, and dependability. We offer seasoned experts in hydraulic fracturing, chemistry, engineering, and water management to drive the best solutions in the industry. From self-sourcing guar to the most advanced fleets of equipment for onsite chemical blending and storage, Infinity is uniquely capable of maximizing efficiency for customers. Over the years, Infinity has scaled tremendously to meet the needs of the toll blending market. Reducing Cost and Environmental Footprint.
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