Angus Energy plc has increased production following the commissioning of the new booster compressor at the Saltfleetby gas field in East Lincolnshire. OPTIMISE The company said that operations, starting on 11 April, were at a lower suction pressure than the two existing compressors to allow “more pressure drawdown of the wells”. This also eased the […]
Tag: Angus Energy plc
Angus issues 428m shares as deferred payment
Angus Energy plc has issued 427,893,123 ordinary shares to convert £1 million of the February 2022 deferred consideration to Forum Energy Services Ltd. COMPRESSOR The conversion notice from Forum covers principal payments due up to and including 31 December 2024. Angus said it would a further 137,145,481 ordinary shares in relation to accrued interest until […]
Angus receives booster compressor for Saltfleetby
Angus Energy plc has received the booster compressor to add to its existing two compressors at the Saltfleetby field gas processing facility in Lincolnshire. RECOVERY The US-made unit was shipped to the UK and arrived at the site last week. “It has been safely positioned on its concrete plinth and the work to complete the […]
Angus completes Saltfleetby maintenance
Angus Energy plc has completed the planned annual maintenance shutdown at the Saltfleetby gas site, east Lincolnshire. The scheduled five-day outage, finished on 13 July, included maintenance and improvement work, including the installation of compressor acoustic hood. The company reported no safety incidents and no harm to the environment. Dual compressor operation resumed during the […]
Angus appoints Antoine Vayner as board NED
Angus Energy has appointed Antoine Vayner to the board as a non-executive director, representing its largest shareholder Kemexon Ltd. The company said that his appointment should enable it to pursue identified growth opportunities. Mr Vayner is experienced in origination and execution of a variety of transactions in the energy sector. He previously worked for St […]
Angus restarts Brockham 2Y well production
Angus Energy plc has restarted production from the Brockham 2Y well within PL235 near Dorking in Surrey. GROWTH The workover of the well concluded in late May, a new pump installed and repairs and upgrades made to the surface equipment. The company said that after a period of flow to clean up the well, production […]