Angus Energy announces further progress in the reconnection of the Saltfleetby Gas Field to the national gas transmission network and the acquisition of key components of the processing plant necessary to deliver gas to statutory specification.

Specifically Angus has entered into agreements, with relatively modest initial financial commitments, to acquire a full fiscal metering and gas analysis system, two Caterpillar gas driven engine system, two Ariel Compressor Units, one of the most up-to-date, fully shrouded, emergency flaring systems and expects to follow with finalisation of terms on a gas dehydration and dewpoint control unit. 

Simultaneously, as part of the work to complete the connection to the national transmission system, Angus is pleased to announce the successful outcome to two extended horizontal directional drills and threading of the Soluforce 4" pipeline to within 15 metres of the national transmission grid entry point at Theddlethorpe ready to be connected at surface - the first instance of very high pressure, Hydrogen-capable pipework in a commercial connection to the national transmission system. The Company will now turn all its attentions to completing the 10" connection.

George Lucan comments: 
"We continue to progress procurement of key processing equipment for the Saltfleetby Gas Field. Specifically we are aiming to secure only those items which require the greatest lead times in production, re-engineering or delivery, with only modest financial outlay, whilst we proceed to negotiate and structure the full debt financing facility for the processing plant.  We are very pleased by the interest expressed to date by potential funding partners and by their estimation of the value of the asset to be financed."

KeyFacts Energy: Angus Energy UK country profile