Coal bed methane (CBM) firm Dart Energy said it plans to secure first gas-to-electricity revenues from its Airth project in Scotland in the coming months.
Full field development with gas being put into the grid would start in the first half of 2013, it said.
The Australia-based firm also gave an estimate of its shale gas in place in its international business.
Dart said an independent assessment estimated its UK, Poland and Germany acreage to contain shale gas in place of 28.1trillion cubic feet (tcf) low case and 143 tcf high case and 76 tcf best estimate.
Dart entered the region last year and has since built up one of the largest onshore licence holdings in the UK, it said.
Its next project, after PEDL 133, is the PEDL 159 project in Canonbie, in Dumfries and Galloway, acquired as part of its $42million acquisition of Greenpark Energy’s UK unconventional assets, completed at the end of April.
In Europe, it will be looking to assess licences in Germany, which were in addition to a package of UK 14 assets acquired off BG Group, and has options on CBM and shale gas licences in Poland and Spain.
John McGoldrick, chief executive of the firm’s international business, said: “Our flagship project, PEDL 133 in Scotland, is progressing well, and we hope to begin generating first gas-to-electricity revenues from that project in the coming months, with full field development to enable GSA (gas sales agreement) sales expected to commence in the first half of 2013.”