Difference between revisions of "Angus Energy"
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Shares in Angus Energy dropped 60% after the company's admission.<ref>Paul Seaman, [https://drillordrop.com/2019/07/11/angus-conference-call-kimmeridge-oil-not-mature-at-brockham/ Angus conference call: “Kimmeridge oil not mature at Brockham”], DrillorDrop, 11 July 2019, accessed same day </ref> | Shares in Angus Energy dropped 60% after the company's admission.<ref>Paul Seaman, [https://drillordrop.com/2019/07/11/angus-conference-call-kimmeridge-oil-not-mature-at-brockham/ Angus conference call: “Kimmeridge oil not mature at Brockham”], DrillorDrop, 11 July 2019, accessed same day </ref> | ||
| + | ===Balcombe, West Sussex=== | ||
| + | In 2018 Angus took over as operator of the Balcombe 2z oil well, first drilled by site partner [[Cuadrilla]] in 2013. Angus carried out limited flow tests in September 2018. | ||
| + | In mid-February 2019 Angus announced it would be carrying out further well tests. | ||
==People== | ==People== | ||
| − | *[[George Lucan]] - managing director | + | *Lord [[George Lucan]] - managing director since January 2019 |
===Former=== | ===Former=== | ||
*[[Paul Vonk]] | *[[Paul Vonk]] | ||
Revision as of 01:56, 12 July 2019
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This article is part of the Spinwatch Fracking Portal and project |
Angus Energy was awarded five oil and gas licence blocks covering about half of the Isle of Wight in 2015 under the Oil and Gas Authority's 14th licensing round in autumn 2015.
It is a partner of UK Oil and Gas Investments. [1] In 2016 it said it planned to conduct '2D seismic surveying' and drill five new shale wells.
Contents
Activities
Brockham field in Surrey not commercial without fracking company admits
Angus began a well test programme at Brockham in December 2018, but the flow test did not achieve sustainable flows of oil.
In June 2019 Angus Energy announced that the Kimmeridge formation at Brockham would not produce commercial quantities from the Brockham X4z well without fracking. As a result, it said it was considering selling the Brockham field.
Shares in Angus Energy dropped 60% after the company's admission.[2]
Balcombe, West Sussex
In 2018 Angus took over as operator of the Balcombe 2z oil well, first drilled by site partner Cuadrilla in 2013. Angus carried out limited flow tests in September 2018. In mid-February 2019 Angus announced it would be carrying out further well tests.
People
- Lord George Lucan - managing director since January 2019
Former
Lobbying and PR firms retained
- Message Matters - listed Angus Energy as a client in 2017
Resources
Andy Rowell, New documents suggest Angus Energy 'breached planning' conditions in Brockham, Spinwatch, 7 June 2017
Notes
- ↑ Oil and gas: licensing rounds, GOV.uk, accessed 14 November 2016.
- ↑ Paul Seaman, Angus conference call: “Kimmeridge oil not mature at Brockham”, DrillorDrop, 11 July 2019, accessed same day
