Angus Energy plc today resumed trading, after 14 months’ suspension from the London Stock Exchange.
DEBT
Trading suspended on 19 May 2025 while the company secured an agreement on its financial restructuring and debt repayment, notably £20 million owed to Trafigura.
Publication of a document was also pending in relation to a non-binding agreement to buy a “group of producing assets” in the Gulf of Mexico.
Angus’ principal project is the Saltfleetby producing gas field, onshore East Lincolnshire.