Company Moves News Oil & Gas

Angus appoints two NEDs to board

Angus Energy plc has appointed Alex Craig and Richard Glass to the board as non-executive directors. Mr Craig represents one of the company’s larger shareholder, Aleph Commodities which, along with its related parties, holds 395,350,827 ordinary Angus shares, representing 7.93% of its issued share capital. Mr Glass represents Forum Holdings from which Angus purchased the […]

Finance News Oil & Gas

Angus Energy looks to further £3m debt

Angus Energy plc announced an offer of further funding for drilling and acquisitions as it completed drilling the SF7v sidetrack at Saltfleetby field in east Lincolnshire. FLOW TESTING The sidetrack well reached a total measured depth of 2,746 metres in the Westphalian 1D reservoir. Angus will conduct well clean-up operations in mid-March once coiled tubing […]