Angus announces new £1.4m loan
Shares in Angus Energy rose this morning as the company announced it had taken out a £1.4m loan with a property company.
Angus counts on production at Saltfleetby and Balcombe
Production at Angus Energy’s Saltfleetby gasfield and oil flow at Balcombe would “mark a turnaround in the group’s fortunes” and bring “material cash flow for the first time”, the company said today.
What to watch in 2020
DrillOrDrop’s round-up of the possible action on UK fracking and onshore oil and gas developments in 2020.
2019 – disappointing year for many onshore oil and gas investors
Shareholders in most UK onshore oil and gas companies could be forgiven for looking forward to the end of 2019.
OGA approves transfer of Saltfleetby to Angus
Angus Energy has outlined plans for the Saltfleetby gas site in Lincolnshire after approval of its acquisition of a 51% stake.
December 2019 headlines
You can keep up with the news here with our digest of headlines about fracking, shale and onshore oil and gas, updated daily. Click here for headlines from previous months. Please let us know if we’ve missed something important contact@DrillOrDrop.com Key headlines Redacted version of secret government report on shale […]
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 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 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.
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