Angus Energy PLC Work Commencing on Pipeline at Saltfleetby (5547B)

TIDMANGS

RNS Number : 5547B

Angus Energy PLC

08 October 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.

8 October 2020

Angus Energy Plc

("Angus Energy" or the "Company")

Work Commencing on Pipeline at Saltfleetby

Angus Energy plc (AIM: ANGS) is pleased to announce that further to its RNS of 11 August 2020 it wishes to update shareholders on the timetable for the extension of its pipeline at Saltfleetby.

Satisfaction of all planning conditions was agreed today with Lincolnshire County Council and the Company has instructed contractors to commence drilling and trenching works on the pipeline extension to the National Grid Theddlethorpe Entry Point.

Contractors have already begun exploratory works and the principal heavy works are expected to be concluded by the 6(th) of November followed by tie-in of the 'Golden Weld' to National Grid. This is the point where the newly laid pipeline (an Angus asset) is connected to the National Grid owned infrastructure. Backfilling of testing and access pits is also expected to be completed during the remainder of November.

END.

Enquiries:

 
 Angus Energy Plc               www.angusenergy.co.uk 
 George Lucan                   Tel: +44 (0) 208 
                                 899 6380 
 
 
 Beaumont Cornish (Nomad)       www.beaumontcornish.co 
                                 m 
 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                [e-mail] 
 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 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).

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October 08, 2020 10:21 ET (14:21 GMT)