Angus Energy has announced that, following West Sussex County Council approval, it has now also received permission from the Environment Agency to drill the Lidsey-X2 horizontal producton well at its Lidsey production oil field, licence PL 241. The Group will now seek the required approvals from the Health and Safety Executive (‘HSE’) and Oil and Gas Authority (‘OGA’).

The Lidsey Oil Field is located near Bognor Regis in the south of the United Kingdom. Lidsey-X2 will target the upper crest of the producing Great Oolite reservoir and will also pass through the Kimmeridge layers allowing for electronically logging of the layers and sampling of the drill cuttings for a detailed comparison to the encouraging results Angus encountered at Brockham-X4Z.

There is no change to the company’s earlier guidance with regards to operations at its Brockham Oil Field.



Jonathan Tidswell-Pretorius, Angus Energy’s Chairman, commented:  

‘Receiving  approval for the Lidsey-X2 production well from the Environmental Agency is another milestone in delivering our business plan of providing low cost, low geological risk, long term conventional oil production.’

For more information, please visit: http://www.angusenergy.co.uk

For additional information on this project, please visit our ProjectsOGP database