Business
Saltfleetby Field Booster Compressor
Saltfleetby Field Booster Compressor.
About this update from Angus Energy Plc
03 February 2025 Angus Energy Plc ("Angus Energy", the "Company" or together with its subsidiaries, the "Group") (AIM:ANGS) Saltfleetby Field Booster Compressor Angus Energy (AIM: ANGS) is pleased to announce that the booster compressor for the Saltfleetby Field gas processing facility in Lincolnshire has been safely delivered. The unit was manufactured in the USA and shipped to the UK, arriving on site last week. It has been safely positioned on its concrete plinth and the work to complete the installation process is now underway. Commissioning and start-up of the new compressor is still expected to occur before the end of the first quarter 2025. The booster compressor supplements the existing two compressors at Saltfleetby which operate to assist in the separation of liquid hydrocarbons from the gas stream and to pressure the field's sales gas for entry into the National Grid. The new compressor will maintain inlet pressures into these two compressors as reservoir and well head pressure declines with depletion, increasing production levels in the short term and field recovery over the life of the field. Angus will notify Investors when the Compressor is fully commissioned at Saltfleetby. END For further information on the Company, please visit www.angusenergy.co.uk or contact: Enquiries: Angus Energy Plc www.angusenergy.co.uk Richard Herbert Chief Executive Director Via Flagstaff SP Angel Corporate Finance LLP (Broker) www.spangel.co.uk Stuart Gledhill / Jen Clarke / Richard Hail Tel: +44 (0)20 3470 0470 ...