Angus Energy plc said it would make nominations for gas sales once it is satisfied of stable uninterrupted flow for at least eight hours, expected before the end of August, at Saltfleetby in Lincolnshire. WELLS B2 & A4 The company added it had now introduced and processed well head gas throughout the combined extraction and […]
Tag: Angus Energy plc
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 […]
Angus Energy appoints Paul Forrest as NED
Angus Energy plc has appointed Paul Forrest as a non-executive director. Mr Forrest is the owner and sole director of Forum Energy Services Ltd, which sold 100% of Saltfleetby Energy Ltd to Angus in May 2022. He holds 546,000,000 ordinary shares representing 21.08% of the company’s issued share capital. Mr Forrest has broad hydrocarbon and […]
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 […]
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 […]
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 […]