Angus Energy CEO George Lucan takes an extended investor Q&A about Saltfleetby on London South East

#LondonSouthEast are delighted to bring you an extended investor Q&A with Angus Energy CEO George Lucan. For followers of Angus this is an amazing opportunity to hear a huge amount of detail about Salfleetby, output levels, processing, the gas price, hedging, the Weald, fracking and much more. And no, the company won’t be sold as it is uniquely positioned for growth thinks George. #ANGS

Angus Energy is an independent onshore oil and gas development company focused on advancing its portfolio of licensed UK assets, including the flagship project Saltfleetby in Lincolnshire which is now delivering gas into the National Grid.

Angus Energy is a story of success the hard way. CEO George Lucan inherited some disparate oil licences in the Weald and then transformed the company’s fortunes by buying 51% of Saltfleetby, which was once Britain’s most productive onshore gas field.

Over three difficult years George has raised the money to get Salfleetby into production. And now in September 2022 Saltfleetby is putting gas into the National Grid and Angus is just about to start receiving consistent revenue streams creating a base for growth.

And yesterday we did something a little different. Overnight we collected over 35 questions from our Angus Energy bulletin board investors and put them to George yesterday afternoon in a conversational and very interesting Q&A session which we publish here in full.


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