9th Jul 2020 14:45
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) ("MAR"). THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
9 July 2020
Angus Energy Plc
("Angus Energy" or the "Company")
Operations Update
Angus Energy (AIM: ANGS) is updating the market on progress made on the Company's interests at Saltfleetby.
Angus Energy Weald Basin No.3 Ltd, the Company's wholly owned subsidiary, has entered into a Gas Construction Agreement with National Grid regarding the works to be carried out on their property. Under this agreement, the National Grid has agreed to carry out the works required for the design and construction of National Grid Facilities at Theddlethorpe. Long lead items have been ordered and construction remains in line with our project schedule.
George Lucan, Managing Director, writes:
"This is an important step in getting Saltfleetby fully reconnected and ready for gas exports."
END.
Enquiries:
Angus Energy Plc | www.angusenergy.co.uk |
George Lucan | Tel: +44 (0) 208 899 6380 |
Beaumont Cornish (Nomad) | www.beaumontcornish.com |
James Biddle/ Roland Cornish | Tel: +44 (0) 207 628 3396 |
WH Ireland Limited (Broker) | |
Katy Mitchell/ Harry Ansell | Tel: +44 (0) 113 394 6600 |
Flagstaff PR/IR | |
Tim Thompson | Tel: +44 (0) 207 129 1474 |
Fergus Mellon |
Notes
About Angus Energy plc. Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244) and a 12.5% interest in the PEDL143 Licence (A24 Prospect) and a 51% interest in the Saltfleetby Gas Field (PEDL005).
Related Shares:
Angus Energy