(Sharecast News) - Angus Energy updated the market on drilling and operations at Saltfleetby on Wednesday, announcing that the second compressor was now fully commissioned and processing gas for export.

The AIM-traded firm said well completion was continuing on the sidetrack well, SF7V, with clean-up work awaiting coiled tubing due in late March.

"The intervening time window offers a useful opportunity to perform regular maintenance on the first compressor," the board said in its short announcement.

At 1138 GMT, shares in Angus Energy were down 3.28% at 1.4p.

Reporting by Josh White for Sharecast.com.