Angus Energy Provides Finance Update
The energy company provides an update on its ongoing discussions with Trafigura regarding a potential resculpting solution.
The energy company provides an update on its ongoing discussions with Trafigura regarding a potential resculpting solution.
The energy company has entered into a non-binding agreement to purchase a group of producing assets located in the Gulf of America, which would constitute a reverse takeover under AIM rules.
The energy company reports successful commissioning of a booster compressor, but production variability has led to a deferred loan repayment. The firm remains confident in its gas reserves and is exploring options to boost output.
The energy company has successfully commissioned a new booster compressor, but production remains impacted by liquids buildup, leading to lower gas sales and revenues in the quarter.
The energy company provides an update on the commissioning of a new booster compressor at its Saltfleetby Gas Field, noting a minor delay but maintaining confidence in the timeline.
The energy company has announced changes to its major shareholdings.
The energy company announces the conversion of deferred consideration into new shares and an update on the installation of a new compressor at its Saltfleetby gas field.
The oil and gas producer reported a significant loss, declining revenue, and impairment charges in its annual results. Despite refinancing efforts and future growth plans, current financial performance and high customer concentration raise concerns.