1. Share Talk

Horse hill

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

27Mar 2016

What DIDN’T happen at Horse Hill

The really big story about the Gatwick gusher.

The Unfolding Story of Horse Hill

What is – and is not – happening at the Horse Hill farm site only 20 miles from the southern outskirts of London is remarkable. On one hand, we have what genuinely can be described as significant – and even game changing – amount of oil. So congratulations are in order for the UKOG team for quietly, literally under Gatwick Airport’s radar, producing some actual hydrocarbons.

20Mar 2016

The Horse Hill Sisters and Angus – The race is on!

The Unfolding Story of Horse Hill

A while back we looked at the story unfolding beneath Horse Hill. At the time we were curious to understand why Angus Energy had decided to depart from the Horse Hill Sisters and sell their stake to Regency. A simple answer would be that owning the rights to Brockham field meant they could benefit from the same oil that HH-1 discovered from only 2 miles away. And more so but we’ll get back to that. Before we do, let’s take a brief history trip!

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