Angus Energy PLC, (AIM: ANGS) is refreshing its brand with a new logo and has created a completely new website. The new brand reflects our commitment to supplying energy responsibly and efficiently and to both organic and inorganic growth. The new website communicates clearly to our stakeholders the Company's strategy, assets and ambitions and provides our investors with easy access to information and future plans.
Richard Herbert, CEO, comments "This rebranding and refresh of our website marks another milestone in the evolution of Angus Energy. We are committed to improving communications with all our stakeholders and are very pleased with the appearance of the new site and the ease of accessing information. We are committed to further improvements with stakeholder feedback and to sharing exciting new developments currently in the pipeline. "
"Since the planned shutdown of the Saltfleetby gas field in early July for maintenance, we have seen stable gas sales, which have averaged 6.6 mmscfd, equivalent to about 68,000 therms/day during a period of sustained high gas prices which benefit our unhedged volumes. Progress on the engineering of the new booster compressor is on track and civil works have started at Saltfleetby in preparation for delivery of the new equipment in late 4Q 2024. This compressor will increase production in early 2025 and extend the economic life of the field. Oil production is continuing at the Company's Brockham field as planned."
