The latest update is out from Angus Energy ( (GB:ANGS) ).
Angus Energy announced that the commissioning of a new booster compressor at the Saltfleetby Gas Field is underway, with a minor delay in equipment delivery. The start-up is expected by the end of the week, which could enhance the company’s operational efficiency and strengthen its position in the onshore gas production market.
More about Angus Energy
Angus Energy plc is a UK AIM quoted independent oil and gas company, recognized as the leading onshore gas producer in the UK. The company aims to expand its onshore production capabilities and diversify internationally. Angus Energy holds a 100% interest in the Saltfleetby Gas Field, operates majority-owned conventional oil production fields at Brockham and Lidsey, and has a 25% stake in the Balcombe Licence.
YTD Price Performance: 6.67%
Average Trading Volume: 11,205,805
Technical Sentiment Signal: Buy
Current Market Cap: £15.96M
See more data about ANGS stock on TipRanks’ Stock Analysis page.