Angus Energy - Completes Financing For Balcombe Acquisition
ANGS
Tue, 24 Apr 2018, 11:30 BST
Angus Energy is an onshore oil and gas development company focused on advancing its portfolio of licensed UK assets.
The team of petroleum industry specialists with a proven track record of operational excellence and fiscal discipline meeting the energy demands of the UK without utilising hydraulic fracturing.
The company provides conventional production and low-risk exploration opportunities that are cash flow efficient.
Industry: Oil & Gas
Contact: +44 (0) 208 899 6380
566 Chiswick High Street
Paul Vonk, MD of Angus Energy, a conventional oil and gas production and development company, is pleased to announce it has issued a £3 million unsecured convertible security at an interest rate of 0%. This will complete the financing for the Company's acquisition of a 25% interest in PEDL244, the Balcombe Licence
