Business
Receipt of OGA approval at Brockham
Receipt of OGA approval at Brockham.
About this update from Angus Energy Plc
[{"type":"text","content":"\n \nRNS Number : 9457R Angus Energy PLC 15 December 2016 \n\n 15 December 2016\n \nAngus Energy plc\n(\"Angus Energy\")\nReceives OGA approval and commences operations at the onshore Brockham oil field\nAngus Energy plc. (the \"Group\") is pleased to announce that it has today received the final approvals required from the UK Government Oil and Gas Authority's (\"OGA\") and the Health and Safety Executive (\"HSE\") to commence the work on the BR-X4Z well on UK onshore Production Licence PL 235. The rig is now on site and has started work on the approved program.\n \nInterest in Brockham Oil Field (PL 235): \nThe Group owns a 55% direct interest in the Brockham Oil Field which is held under UK Production Licence PL 235. \n \nJonathan Tidswell-Pretorius, Angus Energy's Chairman, commented: \n\"We are pleased to have received the required approvals from the UK Government to perform the new work. We have commenced with the abandonment of the required redundant wells in the upper Portland formation before re-entering the original Brockham-X1 well that BP drilled in 1987 down through the Portland, Kimmeridge, Corallian and in to the much deeper great Oolite formations. All the original BP wells at Brockham that passed through the Kimmeridge and Corallian formations were drilled without properly assessing their hydrocarbon potential. Angus Energy looks forward to update the market wi...