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New Deal


Announced

Completed

Angus completed the acquisition of a 49% stake in Saltfleetby from Forum Energy for £14m.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned51%
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Private

Friendly

United Kingdom

gas fields

Majority

Single Bidder

Acquisition

Integrated Oil and Gas

Completed

Synopsis

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Angus, an energy company, completed the acquisition of a 49% stake in Saltfleetby, an oil and gas field, from Forum Energy, an energy company, for £14m. "We are pleased to have completed the acquisiton of Saltfleetby Energy Limited. It is the Board’s view that the acquisi􏰀on and associated share issuance, taken in totality, will be highly accre􏰀ve for Angus shareholders this year and in the years following," George Lucan, Angus CEO.

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