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ANGUS ENERGY PLC
Business and Financial Review • Jul 18, 2022
7487_bfr_2022-07-18_562e662c-3c61-451a-ad0e-5578bab2498c.html
Business and Financial Review
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National Storage Mechanism | Additional information 
RNS Number : 8635S
Angus Energy PLC
18 July 2022
18 July 2022
Angus Energy Plc
("Angus Energy", "Angus" or the "Company")
Progress Update at Saltfleetby
Angus Energy (AIM: ANGS) is pleased to announce completion of almost all electrical connections and all instrument connections excepting storage and drain areas. Moreover input/ output testing between the control computer or SCADA and each of the site's 80+ instruments and actuated valves which that SCADA governs is complete.
Input/ output testing on the remaining electrically powered systems including re-boilers, switchgear, air compressors and lighting is expected to conclude on Wednesday (20th July) when system-wide testing of the SCADA begins.
We expect to introduce live gas as far as the test separator on Friday (22nd July) as part of the commissioning schedule and will advise further on a precise date for export and nominations thereafter.
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 | [email protected] |
| Tim Thompson | Tel: +44 (0) 207 129 1474 |
| Fergus Mellon | |
| Aleph Commodities | [email protected] |
Notes
About Angus Energy plc
Angus Energy plc is a UK AIM quoted independent onshore Energy Transition company with a complementary portfolio of clean gas development assets, onshore geothermal projects, and legacy oil producing fields. Angus is focused on becoming a leading onshore UK diversified clean energy and energy infrastructure company. 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.
Important Notices
This announcement contains 'forward-looking statements' concerning the Company that are subject to risks and uncertainties. Generally, the words 'will', 'may', 'should', 'continue', 'believes', 'targets', 'plans', 'expects', 'aims', 'intends', 'anticipates' or similar expressions or negatives thereof identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the Company's ability to control or estimate precisely. The Company cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this announcement. The Company does not undertake any obligation to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new information, future events or otherwise, except to the extent legally required.
Nothing contained herein shall be deemed to be a forecast, projection or estimate of the future financial performance of the Company.
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