Angus Energy ( (GB:ANGS) ) has provided an announcement.
Angus Energy has successfully delivered and positioned a booster compressor at its Saltfleetby Field gas processing facility in Lincolnshire, with installation underway and commissioning expected by the end of the first quarter of 2025. The new compressor will enhance production and recovery levels by maintaining inlet pressures as reservoir pressures decline, positively impacting the company’s operational efficiency and field longevity.
More about Angus Energy
Angus Energy plc is a UK AIM quoted independent onshore Energy Transition company with a diverse portfolio that includes clean gas development assets, onshore geothermal projects, and legacy oil fields. The company aims to be a leading onshore UK energy infrastructure company, with interests in the Saltfleetby Gas Field, Brockham, Lidsey, and Balcombe Licence, operating all fields in which it has an interest.
YTD Price Performance: -5.00%
Average Trading Volume: 9,225,512
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £12.6M
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