THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) ("MAR"). THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
12 February 2020
Angus Energy Plc
("Angus Energy" or the "Company")
Balcombe Community Engagement and Planning
Angus Energy plc (AIM: ANGS) is pleased to provide the following update on its proposed planning application with West Sussex County Council for operations and advise further on associated community liaison at Balcombe.
The Company has been advised that the application is now likely to be heard before the 24th March Planning Committee Meeting to allow the planning officer to complete their report and make their recommendation having received responses from all consultees.
We take the opportunity to note that we have updated our Community Liaison Investor Relations Q&A board to take into account some of the further detailed queries on our application and the Hydrogeological Risk Assessment by Balcombe Parish Council and other resident's groups.
George Lucan, Managing Director, writes "We are confident that our Hydrogeological Risk Assessment fully and professionally addresses the proposed works and look forward to the review of our application"
Technical Sign off
Andrew Hollis, the Technical Director of the Company, who has over 40 years of relevant experience in the oil and gas industry, has approved the information contained in this announcement. Mr Hollis is a Fellow of the Geological Society and member of the Society of Petroleum Engineers.
END.
Enquiries:
Angus Energy Plc |
www.angusenergy.co.uk |
George Lucan |
Tel: +44 (0) 208 899 6380 |
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Beaumont Cornish (Nomad) |
www.beaumontcornish.com |
James Biddle/ Roland Cornish |
Tel: +44 (0) 207 628 3396 |
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WH Ireland Limited (Broker) |
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Katy Mitchell/ Harry Ansell |
Tel: +44 (0) 113 394 6600 |
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Flagstaff PR/IR |
[email protected] |
Tim Thompson |
Tel: +44 (0) 207 129 1474 |
Fergus Mellon |
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Notes
About Angus Energy plc. Angus 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 and gas production fields at Saltfleetby (PEDL005) Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244) and a 12.5% interest in the PEDL143 Licence (A24 Prospect).
