Launch of New Website and Brand Refresh

Angus Energy PLC

02 September 2024

 

02 September 2024

Angus Energy PLC

("Angus" or the "Company")

 Launch of New Website and Brand Refresh

and Production Update

Angus Energy PLC, (AIM: ANGS) is refreshing its brand with a new logo and has created a completely new website. The new brand reflects our commitment to supplying energy responsibly and efficiently and to both organic and inorganic growth. The new website communicates clearly to our stakeholders the Company's strategy, assets and ambitions and provides our investors with easy access to information and future plans.

Richard Herbert, CEO, comments "This rebranding and refresh of our website marks another milestone in the evolution of Angus Energy. We are committed to improving communications with all our stakeholders and are very pleased with the appearance of the new site and the ease of accessing information. We are committed to further improvements with stakeholder feedback and to sharing exciting new developments currently in the pipeline. "

"Since the planned shutdown of the Saltfleetby gas field in early July for maintenance, we have seen stable gas sales, which have averaged 6.6 mmscfd, equivalent to about 68,000 therms/day during a period of sustained  high gas prices which benefit our unhedged volumes. Progress on the engineering of the new booster compressor is on track and civil works have started at Saltfleetby in preparation for delivery of the new  equipment in late 4Q 2024. This compressor will increase production in early 2025 and extend the economic life of the field. Oil production is continuing at the Company's Brockham field as planned."

The Company's new website is available immediately and can be found at www.angusenergy.co.uk

For further information please visit www.angusenergy.co.uk.

 Angus Energy Plc                                                                

Richard Herbert               

Chief Executive Director                                                         Via Flagstaff

SP Angel Corporate Finance LLP (Nomad and Broker)     www.spangel.co.uk

Stuart Gledhill / Caroline Rowe / Richard Hail Tel: [phone]

Flagstaff  PR/IR                                                                      [e-mail]

Tim Thompson / Fergus Mellon / Alison Alfrey   Tel: [phone]

About Angus Energy plc

Angus Energy plc is a UK AIM quoted independent oil and gas company. Angus is the leading onshore gas producer in the UK and has ambitious plans to grow onshore production and diversify internationally. Angus Energy has a 100% interest in the Saltfleetby Gas Field (PEDL005), 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). Angus Energy operates all fields in which it has an interest.  

 

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