Angus Energy PLC (AIM:ANGS) Progress Update at Saltfleetby

Angus Energy (AIM: ANGS) is pleased to announce that the Company, together with specialist contractors and commissioning agents are making good progress with the testing and inspection of the totality of the facilities.

Whilst mechanical integrity is now complete, electrical and control circuitry continues to be tested both individually and as a whole to ensure that the SCADA control system functions in all eventualities – most particularly those emergency cases.

Progress is good and we expect to complete these tests and verifications before Monday 18 July 2022 at which time live gas can be introduced to the plant, if not before. First Gas Export into the grid (commercial sales) will be made under the offtake with Shell shortly thereafter. Anticipated production during Q3 comfortably exceeds the hedge amount as advised on 28 June 2022.

END.

Enquiries:

Angus Energy Plc

www.angusenergy.co.uk

George Lucan

Tel: +44 (0) 208 899 6380


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