Angus Energy plc, has today received permission from the Environmental Agency to drill a sidetrack at its
oil site at Brockham, licence PL 235.
Angus Energy is now floated on the AIM, and telling investors that they will increase production to 400 barrels of oil per day.
However they will need planning permission before they can extend the existing well bores or drill a new well, as well as a different permit from the EA. At the time of writing, no planning application has been submitted.
Jonathan Tidswell-Pretorius, Angus Energy’s Chairman, commented: “Receiving the Environment Agency’s permission to drill the Brockham side-track is an important step in the development of the Group. The upcoming sidetrack will allow the Group to increase and prolong the production from the Portland reservoir while also giving the Group an opportunity to assess the potential of, and if successful, produce from the Kimmeridge limestons (sic) and Top Coralian layer.”
Jacquetta Fewster from Mole Valley Green Party said, “This is part of a worrying trend across the South East. The Government must live up to its commitment to the Paris Agreement in deeds, not just words, and put an end to prospecting at Brockham, Leith Hill and Horse Hill. Investment in renewables and energy conservation is what we need. This relentless quest for toxic fossil fuels is the road to ruin.”
Read the press release from Doriemus PLC
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