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Share Price: 0.325

Bid: 0.30

Ask: 0.35

Change: -0.025 (-6.67%)

Spread: 0.05 (16.667%)

Open: 0.375

High: 0.35

Low: 0.35

Prev. Close: 0.375

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IN BRIEF: Angus Energy interim loss slims, eyes Saltfleetby first gas

Tue, 29th Jun 2021 15:58

Angus Energy PLC - oil and gas development company - Records no revenue for six months to March 31 compared with GBP68,000 a year ago. However, pretax loss narrows to GBP1.5 million from GBP1.6 million as administrative expenses fall to GBP1.2 million from GBP1.4 million. With Saltfleetby project now fully funded and oil and gas prices recovering from pandemic-induced lows, firm looks forward to first gas in 2021. "As we work hard to achieve this, we remain focused on delivering value from all the assets in our portfolio, which includes our Geothermal project. Together with our funding partners we are well placed to take the company forward and achieve our objectives," says Angus.

Current stock price: 0.765 pence

Year-to-date change: down 15%

By Lucy Heming;Â lucyheming@alliancenews.com

More News

11 Apr 2022 22:01

TRADING UPDATES: Manolete caution; tinyBuild buys in Russia-Ukraine

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

8 Apr 2022 14:03

IN BRIEF: Angus Energy shares fall on small delay at Saltfleetby field

Angus Energy PLC - UK-focused onshore oil and gas producer - Says noise abatement and "other modifications" have caused some "small delay" in the arrival of the compressor skid at the Saltfleetby gas field in east Lincolnshire, England. Notes that this will not impact the overall timeline. Expects dry commissioning to begin on April 26 with select hydrotesting of key site pipework. Anticipates wet commissioning to begin at or around May 15 and expects it to last around two weeks. Continues to target first gas by June 1, allowing for one full month of unhedged production.

8 Apr 2022 09:53

Sound Energy decides against making offer to buy Angus Energy

(Alliance News) - Sound Energy PLC on Friday ruled out making a bid for UK-focused onshore oil and gas producer Angus Energy PLC.

22 Mar 2022 21:00

TRADING UPDATES: Marlowe makes acquisition; Kavango backs out of deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

17 Mar 2022 14:04

IN BRIEF: Angus Energy gets approvals for new layout at Saltfleetby

Angus Energy PLC - UK-focused onshore oil and gas producer - Says it has been granted permission to reconfigure the layout of its 51%-owned Saltfleetby B site near the North Sea coast by Lincolnshire City Council. This is the last of permissions required from the local authority needed for the site to achieve first gas. Last week, Angus reported work at field was progressing, having secured heat exchangers which were previously the cause of delays.

14 Mar 2022 11:58

TRADING UPDATES: Robust 2021 performances for Mincon, Stelrad

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

11 Mar 2022 14:19

IN BRIEF: Angus Energy gives Sound more time to make formal offer

Angus Energy PLC - UK-focused onshore oil and gas producer - Grants Morocco-focused Sound Energy PLC another one-month extension to 'put-up-or-shut-up' deadline. Sound had been required to confirm its intention to make a takeover offer for Angus by Friday, but this has now been put back to April 8. Angus said discussions and mutual due diligence between the two companies continues. After Angus had launched a formal sales process, Sound back in January said it had made a tentative all-share offer worth 1.50 pence per Angus share, or GBP21.6 million for the whole company, its fourth bid for Angus.

10 Mar 2022 20:01

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Angus Energy Share News (ANGS)

Share Price Information for Angus Energy (ANGS)

IN BRIEF: Angus Energy interim loss slims, eyes Saltfleetby first gas

TRADING UPDATES: Manolete caution; tinyBuild buys in Russia-Ukraine

IN BRIEF: Angus Energy shares fall on small delay at Saltfleetby field

Sound Energy decides against making offer to buy Angus Energy

TRADING UPDATES: Marlowe makes acquisition; Kavango backs out of deal

IN BRIEF: Angus Energy gets approvals for new layout at Saltfleetby

TRADING UPDATES: Robust 2021 performances for Mincon, Stelrad

IN BRIEF: Angus Energy gives Sound more time to make formal offer

TRADING UPDATES: Robust 2021 performances from Capital, Vaalco Energy

IN BRIEF: Angus Energy raises GBP1.4 million via discounted placing

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Angus Energy raises £1.4m in discounted share placing

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AIM WINNERS & LOSERS: Everyman to top forecasts; Angus rise continues

TRADING UPDATES: Biffa chair responds to shareholders; Kromek improves

Angus Energy refuses to budge despite Sound Energy circling

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IN BRIEF: Angus Energy interim loss slims, eyes Saltfleetby first gas

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