Announced
Completed
Financials
Tags
Domestic
Private
Friendly
United Kingdom
gas fields
Majority
Single Bidder
Acquisition
Integrated Oil and Gas
Completed
Synopsis
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 acquision and associated share issuance, taken in totality, will be highly accreve for Angus shareholders this year and in the years following," George Lucan, Angus CEO.
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