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Nutech report on Brockham-1 well in Weald Basin
Nutech report on Brockham-1 well in Weald Basin.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n \nRNS Number : 6751J Alba Mineral Resources PLC 13 September 2016 \n\n13 September 2016\nAlba Mineral Resources plc\n(\"Alba\" or the \"Company\")\nNutech report on Brockham-1 well in Weald Basin\n \nAlba, which has exercised an option to farm into 5 per cent of UK Production Licence 235 (PL235) (\"Brockham\") in the Weald Basin, notes with interest the announcement made today by Doriemus plc, a company admitted to ISDX and which has a 10% interest in Brockham, as to the results of an independent assessment by Nutech Ltd, a petrophysical analysis and reservoir intelligence company, of the Brockham-1 well (the \"Nutech Report\").\nAlba has not made any independent inquiries as to the accuracy or completeness of the press release issued by Doriemus Plc. The board of Alba accepts no responsibility for the contents of the Nutech Report.\nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \nFor further information please contact:\n \n\n\n\n\nAlba Mineral Resources plc\nMichael Nott, CEO\n \n\n\n \n+44 20 7264 4366\n\n\n\n\nCairn Financial Advisers LLP\nJames Caithie/Liam Murray\n\n\n \n+44 20 7148 7900\n \n\n\n\n\nDowgate Capital Stockbrokers Limited\nJason Robertson / Neil Badger\n\n\n \n+44 1293 517744\n \n\n\n\n\n \nAbout ALBA\nAlba holds a 15 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.\nAlba also has exercised an option to farm into 5% of Production Licence 235, which comprises the producing onshore Brockham Oil Field.\nAlba has the right to earn up to 70 per cent of the Amitsoq Graphite Project in Southern Greenland. In addition, the Company has recently renewed its base metal and gold licence in the Republic of Ireland, and has applied for the reissue of a uranium permit in northern Mauritania. The new Mauritanian permit will be on a reduced area, and is centred on known uranium-bearing showings.\nAlba continues actively to review and discuss other project opportunities which have value enhancing potential for the Company whether by acquisition, farm in or joint venture in a range of jurisdictions around the world.\n\nThis infor...