Angus raises £3m for new acquisition and Weald operations
Angus Energy announced today it had raised just over £3m in a placing of more than 70 million new shares.
Angus Energy announced today it had raised just over £3m in a placing of more than 70 million new shares.
Angus Energy announced this afternoon it was seeking permission for a 24-month extended production test at its Balcombe oil exploration well in West Sussex.
Angus Energy is expected to return to its West Sussex oil site at Balcombe next week, according to the parish council.
Angus Energy is seeking the go-ahead for an extended well test at its Balcombe site in West Sussex.
Angus Energy announced this morning that part of the target Kimmeridge oil interval at its well at Brockham in Surrey is producing water.
Two shareholders in Angus Energy have called a general meeting in a bid to remove the managing director, Paul Vonk, from the board.
Injunctions sought against protests at sites operated by IGas and Angus Energy has been renewed by a High Court judge.
Injunctions mean that people who trespass on a UK fracking site face a bigger maximum penalty than if they committed the same offence at Buckingham Palace, the High Court was told today.
Two oil and gas companies argued today that only a High Court injunction would stop protests at drilling sites across England.
The Horse Hill oil site in Surrey looks increasingly likely to be one of the UK’s leading onshore producing fields, its leading investor said this afternoon.