ANGS Company Reseach - SP Angel24 Apr 2026 17:05
Angus announced strong quarterly revenues up 28% sequentially , driven primarily by higher realised gas prices, increased production volumes and improved hedging position at its flagship Saltfleetby field . In the background, the Company continues to work on refinanc ing the existing debt facilities with its main creditors to better position the balance sheet to raise new capital in support of organic growth, increased production, and potential M&A activity. This comprehensive restructuring, when completed, will represent a major milestone for the Company , demonstrating strong stakeholder support and providing a clear, sustainable financial platform for its next phase of development. Trading in the Angus’ shares will remain suspended pending the conclusion of its financial restructuring . *SP Angel acts as Nominated Advisor and Corporate Broker to Angus Energy