A lot of 15 million sells appearing. Yes strange time to offload before re frac to unload. Still not long to wait for that to happen although who knows where Sp will be mid July
Waiting for the angs gas RNS but looking good there. Fracking due mid July on oex too. Suppressed price there currently but should move rapidly into July. Missed some decent risers recently such as nnn but also strange that some rises based on nothing. Watched Ben drop after 1m buyer left with 6m profit . Alright for some I suppose
Might be the start of another decent momentum run here now. Hopefully this time it’s going to be all systems go. SP still bargain price but for how much longer
RNS out on angs Angus Energy (AIM: ANGS) is pleased to announce the conclusion of leak testing and the commencement of commissioning of the Saltfleetby Gas Field. The duration of commissioning is expected to take between one and two weeks with a target date for first gas export (ie sales) between the 7th and 12th July.
The hedged volume for July to September inclusive is for 3.375 million therms. The expected output during that period from existing wells B2 and A4, assuming a start date of 1 July is approximately 5 million therms and comfortably exceeds the hedged amount.
Angus Energy (AIM: ANGS) is pleased to announce the conclusion of leak testing and the commencement of commissioning of the Saltfleetby Gas Field. The duration of commissioning is expected to take between one and two weeks with a target date for first gas export (ie sales) between the 7th and 12th July.
The hedged volume for July to September inclusive is for 3.375 million therms. The expected output during that period from existing wells B2 and A4, assuming a start date of 1 July is approximately 5 million therms and comfortably exceeds the hedged amount.