{"id":103781,"title":"Angus Energy PLC (AIM:ANGS) Saltfleetby Sidetrack Drilling Progress Update","publisher":"Share Talk","author":"sharetalk","published":"2022-11-23T15:38:23+00:00","modified":"2022-11-23T15:38:23+00:00","canonical_url":"https://www.share-talk.com/angus-energy-plc-aimangs-saltfleetby-sidetrack-drilling-progress-update/","markdown_url":"https://www.share-talk.com/angus-energy-plc-aimangs-saltfleetby-sidetrack-drilling-progress-update.md","json_url":"https://www.share-talk.com/angus-energy-plc-aimangs-saltfleetby-sidetrack-drilling-progress-update.json","category":"Energy","categories":["Energy"],"tags":["ANGS","Angus Energy","Brockham","BRX4-Z","David Haughie","export","gas","George Lucan","inert","Jason Joannou","Kimmeridge","line","National Grid","nitrogen","Portland","reservoir","Royal Dutch Shell","Saltfleetby","Share Talk","Shell Energy","system","Theddlethorpe","transmission","Well"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"**Angus Energy (AIM: ANGS)** is pleased to announce that the drilling programme of the SF07V side track has progressed to the top of the target reservoir itself. Drilling was paused at a total measured depth along hole of 2,492 metres (being a true vertical depth of 2,261 metres) which is 10 metres higher than anticipated.\n\n![](https://www.share-talk.com/wp-content/uploads/2022/10/Angus-Energy-PLC-AIM_ANGS-Side-track-Spud-and-Forward-Plan-300x200.jpg)\n\nThe well bore will now be cased and cemented to this point before resuming drilling, largely horizontally, a further 500 metres into and through the most productive part of the reservoir. This further work is expected to last around 14 days following which well clean up and testing operations will commence.\n\nA short infographic of the progress versus the target area is on the company’s website and social media pages.\n\nQualified Person’s Statement: Andrew Hollis, the Technical Director of the Company, who has over 40 years of relevant experience in the oil and gas industry, has approved the information contained in this announcement. Mr Hollis is a Fellow of the Geological Society and member of the Society of Petroleum Engineers.\n\nEND.\n\n**Enquiries:**\n\nAngus Energy Plc\n\n[www.angusenergy.co.uk](http://www.angusenergy.co.uk)\n\nGeorge Lucan\n\nTel: +44 (0) 208 899 6380"}