Further Repayment of Riverfort Loan Facility

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.

24 July 2020

Angus Energy Plc

("Angus Energy" or the "Company")

Further Repayment of Riverfort Loan Facility

Angus Energy (AIM: ANGS) has today repaid £58,333 in cash on the above facility, as noted in our RNS of 20 April 2020, as opposed to allowing further conversion of this amount.  The revised loan facility balance will therefore be £175,001 and the next repayment date will be 24 August 2020.

END.

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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 production fields at 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) and a 51% interest in the Saltfleetby Gas Field (PEDL005).