News Oil & Gas

Angus live tests hindered by well site issues

Angus Energy plc said it was encountering issues which halted live tests at its 100% owned Saltfleetby gas site in Lincolnshire. PLANT OPERATION On 12 July the company said that, following tests and inspections, first gas export into the grid (commercial sales) would be shortly after 18 July. Today via Twitter, Angus added that commissioning […]

Finance News Oil & Gas

Angus Energy announces shares issue

Angus Energy plc said that, after receiving exercise notices, it issued 5,803,226 ordinary shares of £0.002 each in the capital of the company. These are at varying exercise prices of 150,000 shares at 0.9 pence per share, 5,250,000 shares at 1 pence per share and 403,226 shares at 1.2 pence per share. The new ordinary […]

News Oil & Gas

Angus nears live gas at Saltfleetby

Angus Energy plc expects live gas in less than a week with first gas shortly afterwards at Saltfleetby, east Lincolnshire. EMERGENCY CASES The company said that, with specialist contractors and commissioning agents, it was making good progress with the testing and inspection of the facilities. “Whilst mechanical integrity is now complete, electrical and control circuitry […]

News Oil & Gas

Angus starts commissioning Saltfleetby field

Angus Energy plc announced the conclusion of leak testing and the start of commissioning of the Saltfleetby gas field, in east Lincolnshire. OUTPUT The company said it expected commissioning to take between one and two weeks with a target date for first gas export (sales) between the 7 and 12 July.  “The hedged volume for July […]

News Oil & Gas

Angus on verge of first gas at Saltfleetby

Angus Energy plc said commissioning experts were now handling the process to export sales gas from its project at Slatfleetby, Lincolnshire. TESTING The company added it now had all the equipment necessary on site. “Contractors are working toward a target date for first flow of well-head gas through the plant during the week commencing 20 […]