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Tue, 19th Feb 2019 11:53
LONDON (Alliance News) - Angus Energy PLC on Tuesday said it can now carry out pumping at its Lidsey site in the Weald basin after a planning change.
Other than that change, Angus said the planning agreement at Lidsey is the same as previously.
Pumping is a routine operation at wells involving injecting fluids.
The Lidsey oil field is on the PL241 production licence near Bognor Regis in West Sussex. Angus has a 60% interest in the asset.
Angus shares were 2.6% higher Tuesday at 4.26 pence each.
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