-
Published on Nov 14, 2016
Angus Energy (LON:ANGS) made its AIM debut Monday having raised £3.5mln and is a junior with some big plans.
Proactive's Andrew Scott recently caught up with managing director Paul Vonk from the firm, which has interests in two recently producing oilfields in southern England.
Providing the upside to the base case is an asset called the Brockham Oilfield in Surrey.
It shares many geological similarities with the nearby Horse Hill discovery, over the border in Sussex and better known as the Gatwick Gusher.
In fact Angus was one of the driving forces behind Horse Hill before it divested its stake to concentrate on Brockham, one of two assets it is bringing to market.
The initial plans are fairly modest. It will perform a side-track at Brockham and drill a new horizontal well on the other licence, Lidsey, in West Sussex.
No comments:
Post a Comment