TIDMANGS

RNS Number : 6880C

Angus Energy PLC

12 February 2020

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU No. 596/2014) ("MAR"). THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

12 February 2020

Angus Energy Plc

("Angus Energy" or the "Company")

Balcombe Community Engagement and Planning

Angus Energy plc (AIM: ANGS) is pleased to provide the following update on its proposed planning application with West Sussex County Council for operations and advise further on associated community liaison at Balcombe.

The Company has been advised that the application is now likely to be heard before the 24th March Planning Committee Meeting to allow the planning officer to complete their report and make their recommendation having received responses from all consultees.

We take the opportunity to note that we have updated our Community Liaison Investor Relations Q&A board to take into account some of the further detailed queries on our application and the Hydrogeological Risk Assessment by Balcombe Parish Council and other resident's groups.

George Lucan, Managing Director, writes "We are confident that our Hydrogeological Risk Assessment fully and professionally addresses the proposed works and look forward to the review of our application"

Technical Sign off

Andrew Hollis, the Technical Director of the Company, who has over 40 years of relevant experience in the oil and gas industry, has approved the information contained in this announcement. Mr Hollis is a Fellow of the Geological Society and member of the Society of Petroleum Engineers.

END.

Enquiries:

 
 Angus Energy Plc               www.angusenergy.co.uk 
 George Lucan                   Tel: +44 (0) 208 
                                 899 6380 
 
 
 Beaumont Cornish (Nomad)       www.beaumontcornish.com 
 James Biddle/ Roland Cornish   Tel: +44 (0) 207 
                                 628 3396 
 
 WH Ireland Limited (Broker) 
 Katy Mitchell/ Harry Ansell    Tel: +44 (0) 113 
                                 394 6600 
 
 Flagstaff PR/IR                angus@flagstaffcomms.com 
 Tim Thompson                   Tel: +44 (0) 207 
                                 129 1474 
 Fergus Mellon

Notes

About Angus Energy plc. Angus Energy plc. is a UK AIM quoted independent onshore oil and gas production and development company focused on leveraging its expertise to advance its portfolio of UK assets as well as acquire, manage and monetise select projects. Angus Energy majority owns and operates conventional oil and gas production fields at Saltfleetby (PEDL005) Brockham (PL 235) and Lidsey (PL 241) and has a 25% interest in the Balcombe Licence (PEDL244) and a 12.5% interest in the PEDL143 Licence (A24 Prospect).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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February 12, 2020 02:00 ET (07:00 GMT)

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