13May 2017

Alba Mineral Resources (AIM:ALBA) UK, Greenland, Mauritania & Ireland

Last Thursday’s market update announce the terms of the Farm-Out Agreement between Alba and Angus Energy Weald Basin No 3 Limited (“Angus”), and receipt of the consent of the Oil and Gas Authority (“OGA”).

The Brockham partners have now completed the assignment from Angus to Alba of a 5% participating interest in Production Licence (PL) 235 comprising the Brockham Oil Field. Alba is now therefore a licensee under PL 235.’

But this is just one part of the Alba story, we take a look across the portfolio with a Share Price currently sitting at 0.26

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