Determining to what level there are hydrocarbons in Manx territorial waters is somewhat of a 'premature' issue.
That's according to the Department of Economic Development which is currently looking for someone to undertake a 3D seismic study to provide further data.
It's estimated that there is around a 90 per cent probability of gas deposits which could generate revenue of around £100 million.
Minister John Shimmin says work to explore the idea will come at little cost to government:
Charity frees trapped sparrowhawk
A hunting bird which trapped itself in a garage has been freed by volunteers.
Pet food bank needs your help!
A charity that helps people feed their pets is asking for your help.
FOI reveals Freemasons in senior parliament positions
The Clerk of Tynwald's Office says just three Freemasons have held senior parliamentary positions since 2011.
Manx Telecom applies for fibre telegraph poles in Tromode
An Island internet company has applied for permission to build telegraph poles to provide fibre broadband to homes in Tromode.
Wellwishers raise thousands to give Sandy hope!
Bighearted Island residents have raised thousand of pounds to help a cat who'd been run over.
Deepfake scammers cost Island residents £1.2 million last year
Government experts say deepfake scams impersonating Isle of Man personalities cost Island residents £1.2 million last year.
Bereavement payment cuts 'followed UK' says Treasury Minister
Treasury Minister Alex Allinson says bereavement benefits following the death of a partner were cut in line with changes in the UK.
Broken glass on beach sparks plea from local authority
Commissioners have urged people to clean up after themselves after broken glass was left in the sand on Port Erin beach.
