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 […]
Tag: Forum Energy Services Ltd
Angus completes acquisition of Saltfleetby
Angus Energy plc said it had completed the 100% acquisition Saltfleetby gas licence in East Lincolnshire. VALUE The company acquired the entire issued share capital of Saltfleetby Energy Ltd (SEL), which owned 49% working interest in the project, from the seller Forum Energy Services Ltd. Chief executive George Lucan said that the acquisition would be […]
Angus to acquire remaining Saltfleetby stake for £14m
Angus Energy plc has signed an agreement to acquire the remaining share from its joint venture partner in the onshore Saltfleetby gas project in east Lincolnshire. SUBSCRIPTION The company will acquire the entire issued share capital of Saltfleetby Energy Ltd (SEL), which owns a 49% working interest in the project, from the seller Forum Energy […]