Angus Energy re-enters the original Brockham-X1 well

Angus Energy plc. (the “Group”) is pleased to confirm that, further to the 15 December 2016 announcement, site upgrade works to the production bunds are now complete and well intervention continues on site at Brockham. Accordingly, we anticipate the re-entry of the original Brockham-X1 well being completed within the week with the work to complete and case the well taking 2 to 3 days thereafter. The Group will update the market once the well is complete and then make a further announcement when it is in a position to fully evaluate the results of the geological evaluation assessment, expected to be 3 weeks thereafter.