10th Feb 2023 15:07
Angus Energy PLC - London-based energy transition company with a portfolio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields - Second compressor at Saltfleetby remains on track for full wet commissioning from February 15. The drilling programme is likely to be extended by two more weeks, due to the need to select "a more advantageous kick-off position" for the sidetrack. Says this would only involve a further 100 metres of drilling, but extra time has been allowed for the associated milling and other operations.
Current stock price: 1.17 pence, down 8.5% in London on Friday afternoon
12 month change: up 41%
By Holly Beveridge; Alliance News reporter
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