November 15, 2016 - 2:00 AM EST
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Doriemus PLC - Permission for drilling of the Brockham side-track

15 November 2016

Doriemus PLC

(“Doriemus” or the “Company”)

Environmental Agency permission received for drilling of the Brockham side-track

Doriemus PLC (ISDX:DOR), the London traded UK focused oil and gas exploration and production investment company, is pleased to report that Angus Energy plc, has today received permission from the Environmental Agency to drill the BR-X4Z sidetrack at its Brockham production oil field, license PL 235. Angus Energy plc is the operator of the licence. The full announcement from Angus Energy plc is quoted below.

The directors of the Company accept responsibility for the contents of this announcement.

-ENDS-

For further additional information, please contact:

Doriemus plc
David Lenigas / Donald Strang
+44 (0) 20 7440 0640
Peterhouse Corporate Finance Limited
Corporate Adviser
Guy Miller / Fungai Ndoro
+44 (0) 20 7469 0930
Optiva Securities Limited
Broker
Christian Dennis / Jeremy King
+44 (0) 20 3137 1902
Square1 Consulting
Public Relations
David Bick
+44 (0) 20 7929 5599

Angus Energy plc

("Angus Energy")

Environmental Agency permission received for drilling of the Brockham side-track

Angus Energy plc. (the "Group") is pleased to announce that, further to the disclosure in its recently published AIM Admission document, it has, today, received permission from the Environmental Agency to drill the BR-X4Z sidetrack at its Brockham production oil field, license PL 235. The Group will now seek the Health and Saftey Executive (“HSE” and Oil and Gas Authority (“OGA”) permissions needed to drill the BR-X4Z well at Brockham and will update the market in due course.   

Jonathan Tidswell-Pretorius, Angus Energy’s Chairman, commented: "Receiving the Environment Agency’s permision to drill the Brockham side-track is an important step in the development of the Group. The upcoming sidetrack will allow the Group to increase and prolong the production from the Portland reservoir while also giving the Group an opportunity to assess the potential of, and if successful, produce from the Kimmeridge limestons and Top Coralian layer."

 END


Source: PR Newswire (November 15, 2016 - 2:00 AM EST)

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