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Angus Energy Announces Strong Q3 Production

Angus Energy Announces Strong Q3 Production

Angus Energy (GB:ANGS) has released an update.

Angus Energy PLC reports a robust third quarter in 2024 with 531 million standard cubic feet of gas and 9,977 barrels of condensate produced from the Saltfleetby Field, along with 1,995 barrels of oil from the Brockham Field. Despite a planned shutdown, operational efficiency remained high and revenues reached £5.14m, supported by strong gas prices. The company is also progressing with its engineering plans to install a booster compressor to further enhance production.

For further insights into GB:ANGS stock, check out TipRanks’ Stock Analysis page.

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