Daily Mail....19 Oct 2018 08:42
Investors were flocking to UK-focused oil company ANGS, spurred on by a rush of good fortune at competitor UK Oil & Gas (UKOG). Shares in Angus shot up 17.6%, or 1.8p, to 12p after UKOG said its Portland oil field had been declared commercially viable. Essentially oil prices were high enough, and there was enough oil, to make the field worth drilling. Investors hoped that Angus's well in Balcombe, West Sussex, would be just as lucrative.