Angus update on lender talks and production
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
The UK onshore industry needs to raise money to plug and abandon hundreds of redundant oil wells as part of the energy transition, Angus Energy’s chief executive told DrillOrDrop.