12th Jun 2023 11:03
Angus Energy PLC - UK onshore oil and gas production and development - Successfully assisted a "fellow operator" in a planned pipe inspection operation last week. This planned operation demanded the diversion of Angus's export flow from the Saltfleetby gas field in Lincolnshire into a third-party pipeline and involved two transmission grid entry points and two industrial customers on the Humber.
Angus adds that it was fully reimbursed for this diverted flow, which averaged 9.3 million standard cubic feet per day, at market prices. Normal export into the transmission grid at Theddlethorpe resumed on Saturday. A summer maintenance shutdown is planned for Monday to Wednesday next week.
Current stock price: 1.15 pence, up 1.8% on Monday
12-month change: down 4.6%
By Sophie Rose, Alliance News reporter
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