Angus Energy wraps up drill program at Lidsey while UKOG hits stumbling block at Broadford Bridge

Oct 16, 2017, 10:42 AM

Proactive Investors oil & gas correspondent Jamie Ashcroft reports on Angus Energy Plc (LON:ANGS) completing their drill program at the Lidsey field, in the southern edge of the Weald basin, near Bognor Regis.

The company now plans to produce from 443 metres of net oil pay in the Great Oolite limestone reservoir.

Ashcroft also discusses why UK Oil and Gas Investments PLC (LON:UKOG), a junior market favourite, dropped almost 30% earlier this week as their potentially exciting Broadford Bridge well ran into complications.