Angus: Power struggle, new loan and updates on Balcombe and Brockham
Two shareholders in Angus Energy have called a general meeting in a bid to remove the managing director, Paul Vonk, from the board.
Two more Surrey earthquakes – second oil company says it’s not to blame
The British Geological Survey confirmed there were two more small earthquakes in Surrey today – both in the same place as the previous cluster.
Angus Energy confirmed as operator of Balcombe licence – company announces
Angus Energy has said the Oil & Gas Authority has approved its application to operate the Balcombe exploration licence, taking over from Cuadrilla.
£50m+ wiped off UKOG on news of possible formation damage at Broadford Bridge oil well
Shares in UK Oil and Gas dropped by more than 35% this afternoon following the company’s announcement of possible formation damage at its Broadford Bridge oil exploration well and the prospect of drilling another sidetrack.
UKOG responds to Angus comments on operations at Broadford Bridge
UK Oil and Gas, the company behind oil exploration at Broadford Bridge in West Sussex, has rejected comments made about its operations by Angus Energy.
Balcombe well test likely to come before Brockham, says Angus Energy
Angus Energy has said it expects to test its newly-acquired well at Balcombe in West Sussex, before turning to Brockham in Surrey.
Lidsey oil production flow rates below expectation – Angus statement
Angus Energy has announced initial flow rates of 40 barrels of oil per day at its horizontal production well at Lidsey in West Sussex. Five months ago, Angus predicted a sustained 400 barrels a day at Lidsey (interview with IG Analysis).
