Angus Energy plc has been granted approval for its plans at Brockham oil field near Dorking in Surrey. WELL BRX4-Z The county council’s planning committee agreed to allow the company to abandon the Kimmeridge layer and reperforate the Portland layer in well BRX4-Z. This is subject only to a unilateral undertaking to secure a routing […]
Tag: Angus Energy plc
Angus on target for first gas at Saltfleetby
Angus Energy plc said it maintained its target date of 1 June for first gas at Saltfleetby in East Lincolnshire. OPERATIONS The operator added it was progressing with the project’s installation and commissioning schedule. Skid/Unit Basc Fabrication Status Blasting, Painting Assembly, Testing, Certification etc Target Delivery Date Electrical Room 100% complete Completed Completed Separator Vessel […]
Angus Energy raises £675,000 via placing
Angus Energy plc has raised £675,000 through placing 61,363,634 ordinary shares to certain investors at a price of 1.1 pence per share. PROCEEDS The issue of shares represents less than 5% of the enlarged capital of the group. Net proceeds of the placement will go towards working capital and general costs. Angus said that following admission, the total number […]
Angus ends sale process ahead of Saltfleetby first gas
Angus Energy plc said it had ended the formal sales process for the company following its increased share price and a “strongly supportive” economy. SOUND ENERGY The company had been approached by Sound Energy plc, which today confirmed it did not intend to make an offer. “After lengthy discussions on a possible combination with Sound, […]
Angus to resume Brockham oil production
Angus Energy plc said it had received an updated permit allowing re-injection of produced water and production at its Brockham oil site in Surrey. REQUIREMENTS The company added it would upgrade the project to meet DSEAR (Dangerous Substances and Explosive Atmospheres Regulations 2002) requirements. Once completed, Angus will resume production from BRX2-Y at Brockham in […]
Angus issued variation notice for Saltfleetby permit
Angus Energy plc said that the Environment Agency had issued its variation notice for the company’s existing Saltfleetby gas field permit in East Lindsey, Lincolnshire. PERMIT The site permit now encompasses the new activities of processing and compressing of gas for direct export to National Grid. Angus added it needed no further regulatory or planning […]