Alba Mineral Resrcs. - Horse Hill Update
Released
Released
Announcement PDF
RNS Number : 3446M
Alba Mineral Resources PLC
20 September 2021
Alba Mineral Resources plc
("Alba" or the "Company")
Horse Hill Update
Production Facilities Upgrade
Alba Mineral Resources plc (AIM: ALBA) notes the announcement today by UK Oil & Gas
Plc ("UKOG"), as majority shareholder of Horse Hill Developments Limited (the Operator
of the Horse Hill Oil Project in the Weald Basin in southern England), that it has completed
a planned two-week production facility upgrade at the Horse Hill Oil Field.
UKOG further reports that:
· the works included modifications to prepare the site for automated 24-hour
continuous production operations, together with the installation of the first
tranche of permanent facility equipment required under the Health and Safety
Executive's Control of Major Accident Hazards (COMAH) regulations; and
· following the shutdown period necessary to undertake the works, oil production
has now been re-established.
Further material updates will be released as and when the Company is made aware of
these.
For further information, please contact:
Alba Mineral Resources plc
George Frangeskides, Executive Chairman
+44 20 3950 0725
Cairn Financial Advisers LLP (Nomad)
James Caithie / Liam Murray
+44 20 7213 0880
ETX Capital (Broker)
Thomas Smith
+44 20 7392 1494
Alba's Project and Investment Portfolio
Project (commodity)
Location
Mining Projects
Ownership
Amitsoq (graphite)
Greenland
100%
Clogau (gold)
Wales
90%
Dolgellau Gold Exploration (gold)
Wales
90-100%
Gwynfynydd (gold)
Wales
100%
Inglefield (copper, cobalt, gold)
Greenland
100%
Limerick (zinc-lead)
Ireland
100%
Melville Bay (iron ore)
Greenland
100%
TBS (ilmenite)
Greenland
100%
England
11.765%
Oil & Gas Investments
Horse Hill (oil)
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