Six expressions of interest in Angus Energy sale
Angus Energy said this morning it had received at least six “bona fide” approaches from parties interested in making an offer for the company or its interest in the Saltfleetby gas field.
Angus Energy said this morning it had received at least six “bona fide” approaches from parties interested in making an offer for the company or its interest in the Saltfleetby gas field.
The oil and gas company, Angus Energy plc, is considering a potential sale as part of a strategic review of its options.
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The operator of the controversial Balcombe oil site in West Sussex has said it intends to appeal against the rejection of its well test.
Angus Energy is “weighing up the consequences” of appealing against refusal of a well test at its Balcombe oil site. But the decision was not “foremost” in its mind, it said.
People are being asked to comment on plans for oil drilling and production near a rare chalk stream in the Lincolnshire Wolds Area of Outstanding Natural Beauty (AONB).
More than seven years of controversial oil exploration in the West Sussex village of Balcombe could be at an end after councillors blocked plans for a well test.
Council planners have supported proposals for a one-year well test at the controversial Balcombe oil site in West Sussex, which saw daily protests in summer 2013.
Angus Energy reports it has raised £1.5m in a placing of 150 million ordinary shares.