お知らせ • Aug 06
Angus Energy Resumes Production After Annual Maintenance Shutdown Angus Energy PLC had completed its annual maintenance shutdown safely, with no accidents, injuries or harm to the environment. Production resumed intermittently on July 28, 2026 and now up to full capacity, following the successful completion of the annual maintenance programme. Further to the Company's announcement of July 15, 2026 regarding the planned annual maintenance shutdown at the Saltfleetby Gas Field, Angus Energy confirmed that the programme had been successfully completed. The maintenance shutdown, together with the associated programme of subsurface data acquisition, was completed safely, with no accidents, injuries or harm to the environment. Production resumed on July 28, 2026 and ramped up to full capacity on August 4, 2026. As part of the normal post-maintenance recommissioning process, the Company had been progressively returning the facilities to full operating capacity. Current production now exceeding the pre-shut down rates due to a combination of flush production from the shut-ins and more efficient operations post maintenance activity. New Risk • Jul 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (61% increase in shares outstanding). Minor Risk Market cap is less than US$100m (UK£14.8m market cap, or US$19.7m). New Risk • Jul 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. Minor Risk Market cap is less than US$100m (UK£9.57m market cap, or US$12.8m). お知らせ • Jul 16
Angus Energy Plc Announces Appointment of Ross Pearson to Chief Operating Officer and Executive Director, Effective July 14, 2026 Angus Energy Plc had announced the appointment of Ross Pearson as Chief Operating Officer and Executive Director, effective July 14, 2026. Ross had served as Director of Wells and Subsurface at Angus Energy since October 2023, with responsibility for the Technical Team, capital budget, drilling and workover programmes, and M&A evaluation. Prior to this he was Technical Director and Executive Committee member at IGas Energy plc, where he held oversight of Subsurface, Well Engineering and Facilities Engineering. Ross had a wealth of E&P experience gained over the past 25 years, both in the UK and in North America and Australia. In his new role, Ross assumed board-level responsibility for all operational, technical and HSE functions, and worked closely with the Finance Director on capital allocation, strategy, and investor relations. Ross was a Petroleum Engineer by background, a Fellow of the Energy Institute and a long-standing member of the Society of Petroleum Engineers. Ross Patrick Pearson was aged 49. Ross was not currently, and had not been during the last five years, a director or partner of any other companies. お知らせ • Jul 15
Angus Energy plc Provides Revenue Guidance for the Second Quarter of 2026 Angus Energy plc provided revenue guidance for the second quarter of 2026. For the quarter, the company estimated revenues for the quarter were £7.16 million (first quarter 2026: £5.24 million), representing an increase of approximately 37%, driven primarily by higher realised gas prices, increased production volumes and improved hedging position. Board Change • Jul 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Interim Non-Executive Chairman of the Board Krzysztof Zielicki was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
