Angus Energy (AIM: ANGS) is pleased to announce the conclusion of leak testing and the commencement of commissioning of the Saltfleetby Gas Field. The duration of commissioning is expected to take between one and two weeks with a target date for first gas export (ie sales) between the 7th and 12th July.
The hedged volume for July to September inclusive is for 3.375 million therms. The expected output during that period from existing wells B2 and A4, assuming a start date of 1 July is approximately 5 million therms and comfortably exceeds the hedged amount.
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Enquiries:
Angus Energy Plc
George Lucan
Tel: +44 (0) 208 899 6380
