RNS out3 Apr 2019 08:04
("Angus Energy" or the "Company")
Operations Update
Schedule of Works at Brockham
Angus Energy (AIM: ANGS) is pleased to announce that it has today published a presentation on the Company and its proposed operations at Brockham. A copy of the presentation is available on the Company's website, www.angusenergy.co.uk.
Included in the presentation is a timetable which sets out a programme for works at Brockham beginning on or around 12 April 2019, all regulatory approvals permitting. In summary the works are as follows:
Rig Acceptance and Mobilisation
3 Days
Isolation of water, reperforation and recompletion
19 Days
Rig Demobilisation
6 Days
Lead Time for Arrival of Well Test Kit
14 Days
Installation, Testing & Commission of Equipment
10 Days
Flow Test & Production Results
11-16 Days
George Lucan, interim Managing Director, writes: "We are pleased to be able to evidence that our commitment to comprehensive communications with shareholders is being delivered in a timely fashion. We look forward with excitement to completion of these works."
Qualified Person's Statement:
Andrew Hollis, the Technical Director of the Company, who has over 40 years of relevant experience in the oil and gas industry, has approved the information contained in this announcement. Mr Hollis is a Fellow of the Geological Society and member of the Society of Petroleum Engineers.