Angus Energy plc chief executive officer Richard Herbert bought 3,300,000 ordinary shares of 0.002p each in the company at an average price of 0.75434 per ordinary share. Mr Herbert’s holding totals the same number of shares for £24,893 representing 0.09% of Angus’ issued share capital.
Tag: Saltfleetby gas field – PEDL005
Angus continues B7T well clean-up at Saltfleetby
Angus Energy plc said that the new B7T well continued to clean up through the temporary flowline connecting it to the facilities at Saltfleetby gas field in east Lincolnshire. TARGET DATE The company completed the initial clean-up in April and connected a temporary flowline to the production facilities on the site to deliver processed gas […]
Angus swings to a profit and warns of ‘punitive’ taxes
Angus Energy plc swung to a profit following an increase in gas production at the Saltfleetby field in east Lincolnshire. FINANCES During the six months ended 31 July 2023, the company had three producing wells flowing gas to the National Grid with average daily production of up to 9.5 mmscfd. Revenue soared to £16.46 million […]
Angus plans expansion at Saltfleetby
Angus Energy plc reported steady production from the three producing wells of B2, A4 and B7T and plans for new wells at Saltfleetby gas field, east Lincolnshire. PRODUCTION Following a short duration plant outage, the company is exporting gas to the National Grid at a combined average daily rate of 9.5 mmscfd, reaching peak flows […]
Angus production rises 75% with second compressor
Angus Energy plc has increased production by more than 75% with the planned commissioning of the second compressor at Saltfleetby gas field in east Lincolnshire. MILESTONE Dual compressor mode began on 10 May and the three producing wells of B2, A4 and the new B7T, have since been flowing gas to the National Grid at the […]
Angus commissions B7T sidetrack at Saltfleetby
Angus Energy plc this morning commissioned the recently drilled B7T sidetrack well at Saltfleetby gas field in east Lincolnshire. TEMPORARY FLOWLINE The company connected the well by a temporary flowline to the production facilities on the site and processed gas is being delivered to the National Grid. “At present the well is flowing at approximately […]