(Alliance News) - Angus Energy PLC on Thursday said it has introduced and processed well head gas throughout the combined extraction and condensate processing facility at the Saltfleetby gas field in Lincolnshire, England. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Angus Energy PLC - oil and gas development company focused on UK assets - Says wellhead gas has been introduced into the first section of the facility at the wholly-owned Saltfleetby Gas Field in Lincolnshire, England. Adds that wellhead pressures remain high at 80+ bar. Angus says final commissioning of the compressor, electrical and instrument testing is due over the weekend and early next week, and first sales are planned for next week. Read More
Angus Energy PLC - oil and gas development company focused on UK assets - Says it is making good progress with the testing and inspection of facilities at the wholly-owned Saltfleetby Gas Field in Lincolnshire, England. Adds that first production is expected during the third quarter of 2022 and is anticipated to "comfortably exceed" the hedge amount advised previously as 3.4 million therms for July to September. Read More
Angus Energy PLC - London-based oil & gas development company focused on UK assets - Confirms that a 5 mile export line to Theddlethorpe's National Grid Entry point is now free of nitrogen "and pressured up to 60 barg with grid specification gas." Read More
Angus Energy PLC - London-based oil & gas development company focused on UK assets - Raises GBP2 million via a subscription of 182.0 million shares, at 1.10 pence each, to a group of family offices and private investors led by Aleph International Holdings (UK) Ltd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Angus Energy PLC - London-based oil and gas development company focused on UK assets - Concludes leak testing and starts to commission the Saltfleetby Gas Field in East Lincolnshire in the East Midlands. Expects the first gas sales between July 7 and July 12. "The hedged volume for July to September inclusive is for 3.4 million therms," it explains. Read More
Angus Energy PLC - oil and gas development company focused on UK assets - Says it has concluded all preparatory risk assessment and planning for the upcoming side-track at Saltfleetby. It says contractors are working toward a target date for first flow of well-head gas through the plant during the week commencing June 20. The company says all the necessary equipment to export gas sales are on site. Commissioning specialists will continue with hydrotesting, nitrogen leak testing, final verification and function testing of all pressure equipment and finally live gas testing with well-head gas. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Angus Energy PLC - UK-focused oil and gas development company - Signs a share purchase agreement to buy its current joint venture partner Saltfleetby Energy Ltd for up to GBP14.1 million. Saltfleetby currently owns a 49% working interest in the Saltfleetby project. Following the acquisition, the company would own a 100% working interest in and would continue to be operator of the Saltfleetby Licence. To support the acquisition, Angus has secured a conditional issue of 546,000,000 new shares to raise GBP6.0 million, by way of a direct subscription, with Aleph International Holdings UK Ltd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Angus Energy PLC - oil and gas development company focused on UK assets - Says the Planning Committee of Surrey County Council has passed a resolution to approve its plans to abandon the Kimmeridge layer and re-perforate the Portland layer at well BRX4-Z. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Angus Energy PLC - UK-focused onshore oil and gas producer - Says noise abatement and "other modifications" have caused some "small delay" in the arrival of the compressor skid at the Saltfleetby gas field in east Lincolnshire, England. Notes that this will not impact the overall timeline. Expects dry commissioning to begin on April 26 with select hydrotesting of key site pipework. Anticipates wet commissioning to begin at or around May 15 and expects it to last around two weeks. Continues to target first gas by June 1, allowing for one full month of unhedged production. Read More
(Alliance News) - Sound Energy PLC on Friday ruled out making a bid for UK-focused onshore oil and gas producer Angus Energy PLC. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Angus Energy PLC - UK-focused onshore oil and gas producer - Says it has been granted permission to reconfigure the layout of its 51%-owned Saltfleetby B site near the North Sea coast by Lincolnshire City Council. This is the last of permissions required from the local authority needed for the site to achieve first gas. Last week, Angus reported work at field was progressing, having secured heat exchangers which were previously the cause of delays. Read More