Angus Energy plc said that on 6 April 2023 non-executive director Paul Forrest sold 13,000,000 more ordinary shares of 0.002p each at an average price of 1.8 pence per ordinary share. Following the sale for around £234,000, he now holds 499,856,061 ordinary shares representing 13.92% of the company’s issued share capital. Mr Forrest is the […]
Tag: Saltfleetby Energy Ltd
Angus NED Paul Forrest sells 8m shares
Angus Energy plc non-executive director Paul Forrest has sold 8 million further ordinary shares of 0.002p each at an average price of 1.6 pence per ordinary share. Following the sale for around £128,000 on 31 March 2023, his total shareholding in the company is 512,856,061 ordinary shares representing 14.28% of the issued share capital. Mr […]
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 completes 100% acquisition of Saltfleetby
Angus Energy plc said it had now completed the 100% acquisition Saltfleetby gas licence in east Lincolnshire. OUTSTANDING STAKE 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 […]
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 […]
Angus on target for first gas at Saltfleetby
Angus Energy plc said it maintained its target date of 1 June for first gas at Saltfleetby in East Lincolnshire. OPERATIONS The operator added it was progressing with the project’s installation and commissioning schedule. Skid/Unit Basc Fabrication Status Blasting, Painting Assembly, Testing, Certification etc Target Delivery Date Electrical Room 100% complete Completed Completed Separator Vessel […]