Angus Energy PLC Progress Update at Saltfleetby
June 14 2022 - 11:36AM
RNS Non-Regulatory
TIDMANGS
Angus Energy PLC
14 June 2022
14 June 2022
Angus Energy Plc
("Angus Energy", "Angus" or the "Company")
Progress Update at Saltfleetby
Angus Energy (AIM: ANGS) is pleased to announce that in
accordance with the timings announced on 10 June all welding and
hydrotesting of lines requiring inspection under the Pressure
Equipment Safety Regulations has been completed and the site has
been significantly de-manned with scaffolding removed from the
pipe-rack. A handful of lower category lines remain to be
hydrotested without inspection this week.
The next and final stage in proving mechanical integrity will be
to introduce nitrogen into the plant for a five day leak and
pressure test which we expect to commence at the end of this week.
Meanwhile the electrical - power and control and instrumentation -
installation continues at pace.
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 Tel: +44 (0) 207 628
Cornish 3396
WH Ireland Limited
(Broker)
Katy Mitchell/ Harry Tel: +44 (0) 113 394
Ansell 6600
Flagstaff PR/IR angus@flagstaffcomms.com
Tim Thompson Tel: +44 (0) 207 129
1474
Fergus Mellon
Aleph Commodities info@alephcommodities.com
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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END
NRABUGDLUXBDGDS
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June 14, 2022 11:36 ET (15:36 GMT)
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