Alba Min Res PLC (AIM:ALBA) SCC Approves Planning Application for Brockham

Surrey County Council Approves Planning Application for Brockham Oil Field

 

Alba Mineral Resources plc (AIM: ALBA) is pleased to announce that Angus Energy plc, the Operator of the Brockham Oil Project, has notified the Company that planning approval was granted today by Surrey County Council (“SCC”) for the retention of the BR-X4 well, the regularisation of the BR-X4Z side-track, and the appraisal of BR-X4Z at the Brockham Oil Field.

Angus has further advised that:

  • per the announcement of 25 October, Angus filed this application without prejudice for the continued surface activities of the production plant required for well BR-X4 and notably, its inclusive sidetrack BR-X4Z;
  • Angus will perform a 7-day well test on the horizontal Balcombe-2z well at Balcombe (in which project the Company does not hold an interest) prior to commencing today’s approved work at Brockham.
  • all operations at Brockham will be performed through conventional production and that there will be no hydraulic fracturing or “fracking”.

 

Oil & Gas

 

Horse Hill (Oil & Gas, UK): Alba holds an 18.1 per cent interest in Horse Hill Developments Limited, the company which has a 65 per cent participating interest and operatorship of the Horse Hill oil and gas project (licences PEDL 137 and PEDL 246) in the UK Weald Basin.

 

Brockham (Oil & Gas, UK): Alba has a direct 5 per cent interest in Production Licence 235, which comprises the previously producing onshore Brockham Oil Field.

 


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