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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Alba Mineral Resources Plc | LSE:ALBA | London | Ordinary Share | GB00B06KBB18 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0675 | 0.065 | 0.07 | 0.0675 | 0.0675 | 0.0675 | 12,756,827 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -2.04M | -0.0003 | -2.33 | 4.99M |
TIDMALBA
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 Ownership Mining Projects 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% ----------- ---------- Oil & Gas Investments Horse Hill (oil) England 11.765% ----------- ----------
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END
UPDMZGZLFGVGMZM
(END) Dow Jones Newswires
September 20, 2021 09:17 ET (13:17 GMT)
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