Angus Energy PLC Investor Presentation (0983R)
March 04 2021 - 1:00AM
UK Regulatory
TIDMANGS
RNS Number : 0983R
Angus Energy PLC
04 March 2021
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 March 2021
Angus Energy Plc
("Angus Energy", "Angus" or the "Company")
Investor Presentation
Angus Energy plc (AIM: ANGS) is pleased to announce that
following its announcements on 22 and 24 February 2021, Angus will
share with investors a detailed presentation on the Lidsey Oil
Field and a further presentation updating shareholders on progress
on all of its existing assets and its focus on developing
Transition projects and, in particular, on one potential new
project which the Company is progressing in the geothermal energy
sphere.
The Lidsey presentation will focus on technical work in seismic
and an overall re-evaluation of the reservoir. At IPO in 2016 the
Company expected the Lidsey Field would produce up to 300 barrels a
day. The document also indicated 9.7m barrels of stock tank oil in
place in the licence (although only a limited portion of that could
be classified as recoverable based on one well). It is hoped that
the revised seismic work, when confirmed, will show the reservoir
to have greater aerial extent as well as providing a much improved
drilling target as compared to Lidsey X2 .
Both presentations may be found under the Presentations section
on the Angus website. The Company will hold a live presentation via
the Investor Meet Company platform today 4th March 2021 at 5:00pm
GMT (details below).
Shareholder Live Presentation details :
The presentation is open to all existing and potential
shareholders. Investors can sign up to Investor Meet Company for
free and add to meet ANGUS ENERGY PLC via:
https://www.investormeetcompany.com/angus-energy-plc/register-investor
Investors who already follow ANGUS ENERGY PLC on the Investor
Meet Company platform will automatically be invited.
Enquiries:
Angus Energy Plc www.angusenergy.co.uk
George Lucan Tel: +44 (0) 208
899 6380
Beaumont Cornish www.beaumontcornish.com
(Nomad)
James Biddle/ Roland Tel: +44 (0) 207
Cornish 628 3396
WH Ireland Limited
(Broker)
Katy Mitchell/ Harry Tel: +44 (0) 113
Ansell 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 energy
transition 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 in
upstream, geothermal and renewable energy. Angus Energy has a 51%
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).
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCKZGGFRFLGMZM
(END) Dow Jones Newswires
March 04, 2021 02:00 ET (07:00 GMT)
Angus Energy (LSE:ANGS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Angus Energy (LSE:ANGS)
Historical Stock Chart
From Apr 2023 to Apr 2024