Angus Energy PLC (AIM:ANGS) First Gas – extraction and condensate processing facility at Saltfleetby

Angus Energy (AIM: ANGS) is pleased to announce that the Company has made its first nominations for gas export and sale to Shell via National Grid beginning with the Gas Day of Tuesday 30 August 2022.

And will continue to make nominations this week. The Company will give further advice on volumes achieved when flow rates have stabilised.

Last Thursday, ANGS said that Well B2 has alone been delivering at an equivalent rate of 5 million standard cubic feet per day, surpassing the Company’s internal expectations, although we expect deliverability to normalise with time. The Company will introduce the stream from the A4 well shortly.

The stream has been passed through the whole process plant including condensate stabilisation and storage tanks as well as gas analysis. Specification gas has been achieved in short tests to date as has an export pressure of approximately 60 barg sufficient for entry into the national transmission system, or “grid”


Angus Energy Plc

George Lucan

Tel: +44 (0) 208 899 6380

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