Alba Min Res PLC (LON:ALBA) Brockham Operations Update

Alba Mineral Resources plc (AIM: Alba), the diversified mineral exploration and development company, notes the announcement made today by Angus Energy, the operator of the Brockham Oil field under Production Licence (“PL”) 235 (the “Operator”), which included an update on operations at Brockham.

 

In their announcement, the Operator stated that the commercial flow test programme at the Brockham Oil Field resumed on 4 January 2019, and further stated that:

– prior to shutting down operations for the Christmas period, the Company perforated the BR-X4Z well to provide communication between the reservoir and the well bore, with logging carried out to confirm the perforated intervals;

– a standard stimulation programme to bring the well into production, similar to the recent successful operations and testing programme at Horse Hill, is in progress; and

– an analytical update on the targeted pay zone, the Kimmeridge Layers of the BR-X4Z well, will be provided in due course.

Alba owns a direct 5 per cent interest in PL 235.

 


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