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ANGUS ENERGY: small exploration plc, big production ambitions

ANGS has survived the historic low levels of Brent crude and the market wobbles in the aftermath of the EU Referendum.  While there will be turbulence in the future, it seems Angus Energy has an ability to weather most storms. There is also the prospect of brighter news further ahead as the UK government may soon be able to provide fiscal and legislative support to the onshore industry.  And of course, we will soon find out whether Brockham can actually deliver 1500 bopd, a flow rate twelve times greater than the Xodus estimate of 127 bopd for the oilfield.