Energy industry specialists with a proven track record
Angus is focused on maximising the value of its Saltfleetby gas field in Lincolnshire and its Brockham, Lidsey and Balcombe oil fields in southern England. We are using our deep experience in reservoir management, drilling and onshore mature field operations to expand our portfolio and explore opportunities for gas storage and underground carbon capture.
Angus offers a strong foundation of existing cash-generating assets in the UK, managed by a world-class team committed to growing the Company internationally.
Saltfleetby
Gas Field
The field was discovered in 1996 and brought into production in December 1999, producing natural gas and gas condensate from Westphalian and Namurian reservoirs.
Saltfleetby is the largest onshore gas field in the UK. The field had produced 68 bcf of the original 114 bcf of gas originally in place when it was shut down in 2018. Angus restarted production in August 2022 and plans to recover at least 25 bcf more gas by the late 2030s.
Saltfleetby is currently producing 80% of the UK’s onshore gas production.
Brockham
Oil Field
Angus Energy is the operator and majority partner of production licence PL235 located in the Weald Basin, onshore UK. Angus currently holds a 80% interest in the Brockham field.
The Brockham field was first discovered by BP in the late 1980’s and since then has a long history of production from the Portland Sandstone, a conventional sandstone oil reservoir.
After a period of shut-in, waiting on well maintenance, Angus brought Brockham back into production in June 2024 and the field is currently producing 30-40 barrels/day of oil.
Lidsey
Oil Field
The Lidsey oil field is located in the production licence PL241, onshore West Sussex near Bognor Regis, on the southern flank of the Weald Basin.
Angus Energy is the operator and majority partner of the licence and currently holds a 80% interest in the field.
The field was discovered in 1987 by Carless Exploration with oil reservoired in the Middle Jurassic Great Oolite formation. The field is currently not producing, as Angus is waiting on planning permission to be granted to transport produced water from Lidsey to the Brockham site for reservoir pressure support.
Balcombe
Field Discovery
Angus Energy holds a 25% stake in and is the Operator of, the Balcombe Discovery along with its partners Cuadrilla and Lucas Bolney.
The Balcombe site lies 8 km southeast of Crawley, near the village of Balcombe in West Sussex. Oil lies in organic-rich, naturally fractured beds of the Upper Jurassic Kimmeridge Formation. Angus is planning to test the discovery well to determine its commercial potential, subject to the outcome of a legal challenge on the planning approval to test.
- Saltfleetby
- Brockham
- Lidsey
- Balcombe
- Next
2024 Revenue
£22m
2023 £28m
2024 Profit
(4m)
2023 £118m
2024 EBITDA
£11m
2023 £17m
Investor Relations
At Angus Energy we know that investors are the lifeblood of our company and we believe in being as open and honest with shareholders as our regulators permit us to be.
