Dart Energy to float on London’s AIM

The exploration and production company, which is one of the leading companies in the fledgling shale gas sector in the UK, is expected to have its Initial Public Offering (IPO), on the AIM on 12 May.

Dart Energy has shale gas exploration sites in Cheshire, Staffordshire, the East Midlands and South Wales, while it also has coal-bed methane operations in Scotland.

Rob Neale, chairman of Dart Energy, said the floatation was “a logical and value-adding step”.