Angus Energy plc recorded a steep rise in revenues from increased gas production at its 100% owned Saltfleetby field in east Lincolnshire. LIDSEY For the year ending September 2023, revenue from the field’s revenue rose to approximately £28 million (2022: £3m) on production of gross 31,750 bbls of oil and 25,228,853 therms of natural gas […]
Tag: Lidsey onshore oil field PEDL241 – Bognor Regis – West Sussex
Angus attracts interests in buyout and Saltfleetby licence
Angus Energy plc said it had attracted at least six genuine approaches from parties interested in acquiring the company or its licence interest in the Saltfleetby gas field in Lincolnshire. DUE DILIGENCE In a statement the company said it would evaluate each expression of interest until a firm proposal was agreed. Angus does not expect […]
Angus seismic shows extension out of Lidsey
Angus Energy plc said that a completed seismic reinterpretation showed a significant extension out of licence PL241 area of the Lidsey oil field, West Sussex. EXTENSION The site operator and majority owner (80%) said in a statement that the seismic was the final part of the most comprehensive review of the Lidsey structure ever conducted. […]
Angus reinterprets Lidsey field with new data
Angus Energy plc said it would use new seismic data to reinterpret and remap Lidsey oil field near Bognor Regis, West Sussex. COMPLETE PICTURE Previous seismic mapping failed to define the reservoir accurately, prompting the company to link the newly acquired data to existing seismic lines across the structure in the vicinity of the two […]
Angus to reinterpret Lidsey before submitting plans for sidetrack
Angus Energy plc said it would conduct surveys and re-interpretations before submitting a planning application for a sidetrack for the onshore Lidsey oil field (PEDL241) near Bognor Regis, West Sussex. TIMETABLE The company, which holds an 80% interest, said that seismic acquisition by Rees Onshore Seismic and Stryde was complete and reprocessing by realtimeseismic.com was […]
Angus to obtain new seismic data for Lidsey
Angus Energy plc announced it would obtain new seismic data and reprocess the existing seismic lines to identify a new drill target at Lidsey oil field in West Sussex. The onshore hydrocarbon company said that previous seismic mapping had underestimated the aerial extent of the reservoir and most importantly its shape. This had resulted in […]