Business
Angus completes increase in interest at Brockham
Angus completes increase in interest at Brockham.
About this update from Angus Energy Plc
[{"type":"text","content":"\n \nRNS Number : 9332V Angus Energy PLC 08 November 2017 \n\n 8 November 2017\n \n \nAngus Energy Plc\n(\"Angus Energy\" or the \"Company\")\n \nAngus Energy Increases Interest in Brockham Oil Field PL235 to 65% \n \nOGA Approves Acquisition From Terrain Energy Limited\n \n \nAngus Energy Plc, a conventional oil and gas production and development company, is pleased to announce that following the Company RNS of 16 December 2016, Angus Energy has received final regulatory approval from the Oil and Gas Authority (\"OGA\") for its previously disclosed agreement to acquire Terrain Energy Limited's 10% interest in Brockham Oil Field PL235. \n \nThe now completed acquisition increases Angus Energy's wholly owned subsidiary, Angus Energy Weald Basin No.3 Limited's ( \"AWB\" or the \"Operator\") interest in the PL235 production license to 65%. \n \nEND.\nAbout Angus Energy plc.\nAngus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil production fields at Brockham (PL 235) and Lidsey (PL 241) and has a 12.5% interest in the Holmwood licence (PEDL143).\n \nEnquiries:\n\n\n\n\nAngus Energy Plc\n\n\n\n\n\n\n\nJonathan Tidswell-Pretorius / Paul Vonk\n\n\nTel: +44 (0) 208 899 6380\n\n\n\n\n\n\n\n\n\n\n\n\nBeaumont Cornish (NOMAD)\n\n\n\n\n\n\n\nJames Biddle/ Roland Cornish\n\n\nTel: +44 (0) 207 628 3396\n\n\n\n\nwww.beaumontcornish.com\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOptiva Securities Limited (BROKER)\n\n\n\n\n\n\n\nJeremy King/ Ed McDermott\n\n\nTel: +44 (0) 2...