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Pin to quick picksAngus Energy Regulatory News (ANGS)

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Operations and Planning Update

Thu, 4th Jun 2020 07:00

RNS Number : 8884O
Angus Energy PLC
04 June 2020
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) ("MAR"). THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

 

4 June 2020

Angus Energy Plc

("Angus Energy" or the "Company")

Operations and Planning Update

 

Angus Energy (AIM: ANGS) has today submitted its application to Lincolnshire County Council relating to the 750 metre extension of the pipeline to the National Grid Terminal, remaining very close to our advised timetable on this.  The application continues to incorporate the use of Hydrogen-ready high pressure pipework and the routeing of the line retains the optionality, as advised in our RNS of 1 May, to connect, via a further third party pipeline, to the refineries on the Humber should the opportunity present itself.

 

George Lucan, Managing Director, writes: "Progress continues despite the peculiar challenges presented by social distancing requirements.  Whilst we await review and determination of this and our earlier planning application for the upgrade of the main site, immediate elements on our critical path in the next six weeks will be the first year's take-off contract and bid selection on key gas processing equipment.  All the while detailed design continues apace on both pipeline and process facilities."

END.

 

Enquiries:

Angus Energy Plc

www.angusenergy.co.uk

George Lucan

Tel: +44 (0) 208 899 6380





Beaumont Cornish (Nomad)

www.beaumontcornish.com

James Biddle/ Roland Cornish

Tel: +44 (0) 207 628 3396



WH Ireland Limited (Broker)


Katy Mitchell/ Harry Ansell

Tel: +44 (0) 113 394 6600



Flagstaff PR/IR

angus@flagstaffcomms.com

Tim Thompson

Tel: +44 (0) 207 129 1474

Fergus Mellon


 

Notes

About Angus Energy plc. Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and 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 majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244) and a 12.5% interest in the PEDL143 Licence (A24 Prospect).


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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