Last checked at 18 Jan 2017 07:00
7.00am 18 January 2017
Angus Energy plc
("Angus Energy")
Brockham oil field: Update
Angus Energy plc. (the "Group") is pleased to confirm that, further to the 15 December 2016 announcement, site upgrade works to the production bunds are now complete and well intervention continues on site at Brockham. Accordingly, we anticipate the re-entry of the original Brockham-X1 well being completed within the week with the work to complete and case the well taking 2 to 3 days thereafter. The Group will update the market once the well is complete and then make a further announcement when it is in a position to fully evaluate the results of the geological evaluation assessment, expected to be 3 weeks thereafter.
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Enquiries:
Angus Energy Plc | |
Jonathan Tidswell-Pretorius | Tel: +44 (0) 208 899 6380 |
Paul Vonk | |
Beaumont Cornish (NOMAD) | |
James Biddle/ Roland Cornish | Tel: +44 (0) 207 628 3396 |
www.beaumontcornish.com | |
Optiva Securities Limited (BROKER) | |
Jeremy King/ Ed McDermott | Tel: +44 (0) 203 137 1902 |
About Angus Energy plc.
Angus Energy plc. is an AIM quoted independent onshore oil and gas development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy owns and operates conventional oil production fields in Brockham (PL 235) and Lidsey (PL 241).