Angus takes out £1.5m loan to pay for clean-up costs
Angus Energy has raised a £1.5m loan facility to pay for the costs of decommissioning oil and gas wells.
Interview: Angus oil man backs gas for the future
“I love it because it is not oil”, the head of Angus Energy said of his new gas asset in Lincolnshire.
Angus conference call: Planning blunder forced company to reapply for Balcombe consent
Angus Energy could have avoided another planning application for its extended well test at Balcombe in West Sussex, the company admitted this evening.
Angus conference call: “Kimmeridge oil not mature at Brockham”
The Kimmeridge formation at Brockham in Surrey is unlikely to generate significant volumes of oil because it isn’t mature, investors were told this evening.
Angus seals deal for Saltfleetby gasfield
Angus Energy announced this morning it had completed a farm-in agreement for the Saltfleetby gasfield in East Lincolnshire.
Angus finds water at Brockham oil well and plans more work
Angus Energy announced this morning that part of the target Kimmeridge oil interval at its well at Brockham in Surrey is producing water.
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