Summary
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Angus Energy plc Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Richard Herbert CEO | XFRA Exchange | GB00BYWKC989 ISIN |
| United Kingdom Country | 28 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Angus Energy plc is an independent onshore oil and gas company operating within the United Kingdom. Since its incorporation in 2015, the company has focused on the extraction and distribution of oil and gas, selling these resources to third-party entities. Angus Energy has a strategic presence in the UK's energy sector, particularly through the ownership and interest in several key oil and gas fields located across the country. Its operations are primarily centered in areas like Lincolnshire, the Weald Basin, West Sussex, and near Bognor Regis, showcasing a diversified portfolio of production licenses that are significant for the UK's onshore energy production capabilities.
Products and Services
Saltfleetby Gas Field
Angus Energy owns a 100% interest in the Saltfleetby Gas Field, which is situated in Lincolnshire. The field encompasses a license that covers an area of 91.8 square kilometers. The Saltfleetby Gas Field is notable for its considerable gas production capacity, contributing significantly to the company's portfolio.
Balcombe Field
The company holds a 25% interest in the Balcombe Field, located in the Weald Basin, the United Kingdom. This field is spread over one license that spans an area of 154 square kilometers. It represents a strategic asset within Angus Energy's operations, focusing on exploring and possibly expanding oil production in the Weald Basin.
Lidsey Oil Field
Angus Energy operates with an 80% interest in the Lidsey oil field, which includes one production licence in onshore West Sussex near Bognor Regis. The field is a key part of the company's oil production strategy, contributing to its objective of enhancing and increasing oil output in the region.
Brockham Field
The company also has a production licence for the Brockham field located in the Weald Basin, the United Kingdom. Angus Energy's interest in the Brockham field demonstrates its commitment to leveraging the oil and gas potential of the Weald Basin, thereby supporting its overall production and distribution goals.
