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Angus Energy plc (the "Group") is pleased to announce their intention to bring the Kimmeridge into production at its existing Brockham production facility as soon as the necessary OGA approval is in place.

The Brockham X4Z well, drilled to a total depth of 1,391m, was planned to evaluate the Portland, Corallian and Kimmeridge formations at Brockham including an evaluation of the Kimmeridge reservoir that had been demonstrated by the Horse Hill discovery 8 km to the South. 

The operator of the  well at Horse Hill has announced cumulative…


UPLAND RESOURCES LIMITED: Variation of Wressle Farm-in Agreement

Upland Resources Limited (LSE: UPL), the oil and gas company actively building a portfolio of attractive upstream assets, announces that its wholly-owned subsidiary, Upland Resources (UK Onshore) Limited ("Upland UK"), has agreed a variation of the 'long stop' date for satisfaction of the conditions to completion of the conditional agreement dated 24 November 2016 for the farm-ins by Upland UK (by way of assignment from Europa Oil & Gas Limited ("Europa Oil & Gas")) to a 10% interest in each of UK onshore petroleum exploration and development licences ("PEDLs") 180 and 182 (the "Wressle Farm-in Agreement").


Optiva Securities raises £2m for Angus Energy plc

Angus Energy plc ("Angus" or the "Company"), an independent onshore oil and gas development company, is pleased to announce it has raised £2,000,000 by way of private placing (the "Placing") and reached agreement with Europa Oil & Gas Limited ("Europa" or the "Operator") to acquire a 12.5% economic interest by way of a farm-in arrangement in PEDL143 located within the Weald Basin, in southern England and containing the drill-ready Holmwood Prospect (the "Acquisition").


Brockham oil field - Work completed and hydrocarbons encountered in all targeted zones

Angus Energy plc (the "Group") is pleased to confirm that, further to the 18 January 2017 announcement, work to complete, log, case and cement the well at the Brockham oilfiled has now been successfully completed and potential reservoirs have been logged in the Portland, Kimmeridge and Corallian layers with all three formations having hydrocarbon shows.


City broker likes the look of DekelOil Share.

Cantor Fitzgerald has the stock as a buy and has set a target price of 29p


Upland Resources gets green light for Hardstoft acquisition

I am very pleased that the OGA has approved Upland UK's increased stake in PEDL 299,” said Steve Staley, Upland Resources chief executive.


DekelOil (“DKL”) gains 100% ownership in the palm oil project in Cote d’Ivoire.

DekelOil Public Limited is pleased to announce that it now holds a 100% interest in the profitable and vertically integrated Ayenouan palm oil project in Côte d'Ivoire (the 'Project'), which includes one of West Africa's largest crude palm oil ('CPO') mills. This follows the acquisition, by way of a share conversion, of the remaining 14.25 per cent interest in CS DekelOil Siva Limited ('CSDS'), the Company's joint venture which owns the Project, from DekelOil's partner, Biopalm Energy Limited ('Biopalm') ('the Acquisition').


Dekeloil takes full ownership of Ivory Coast palm oil operation

Biopalm will have a stake of approximately 12.5% in DekelOil following the transaction.


Shares in Angus Energy Plc (LON:ANGS) were up as much as 7% in morning trade as investors bought into the stock ahead of results from a company-defining drill programme.

On Thursday Angus confirmed it had begun work on a well at Brockham, in Surrey. It is a re-entry and sidetrack to a hole drilled by BP (LON:BP.) in 1987 that will first go into the Portland sandstone, host to a known oil play that is already generating 35 barrels a day.


Doriemus PLC and Angus (Operator of Brockham): UK onshore Brockham Oil Field Update

UK onshore Brockham Oil Field Update – Rig has mobilised and work has commenced.