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Pin to quick picksAngus Energy Share News (ANGS)

Share Price Information for Angus Energy (ANGS)

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Share Price: 0.425
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IN BRIEF: Angus Energy revenue up after solid quarter

Mon, 08th Jan 2024 11:59

Angus Energy PLC - UK-focused onshore oil and gas developer - says production at its Saltfleetby gas field for October, November and December totalled 7.4 million therms aggregate, down from 7.9 million therms in the third quarter. Gas condensate production averaged 130 barrels per day. Revenue for the three-month period was estimated at GBP7.2 million, up 14% from GBP6.3 million in the previous quarter. Also reports a shutdown of one of the Saltfleetby compressor engines, which underwent servicing until October 21. Subsequent maintenance was conducted on one of the compressor engines until November 22, allowing "dual compressor operations to recommence".

Current stock price: 0.53 pence each, up 1.0% in London on Monday at midday.

12-month change: down 68%

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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IN BRIEF: Angus Energy's SF07V drilling programme progresses

Angus Energy PLC - London-based oil and gas development company - Notes drilling programme of the SF07V side track has progressed to the top of the target reservoir itself. Drilling was paused at a total measured depth along hole of 2,492 metres, 10 metres higher than anticipated.

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28 Oct 2022 12:03

IN BRIEF: Angus Energy begins work on side track of SF-07 well

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IN BRIEF: Angus Energy shares up on Saltfleetby flow rates

Angus Energy PLC - oil and gas development company operating in England - Says it has achieved flow rates from well A4 of 4 million standard cubic feet per day at around 55 bar and over 4.5 million from well B2 at around 45 bar. Well A4 is at the Saltfleetby gas field in Lincolnshire, England.

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