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INVESTMENT OVERVIEW

Alba Mineral Resources appoints industry heavy hitter as oil consultant

Sue Corrigan is a geologist and geoscientist with 40 years' industry experience in both exploration and development geology
Horse Hill drilling site under construction
INVESTMENT OVERVIEW: ALBA The Big Picture
The appointment comes at a crucial juncture for Alba with work about to re-commence at Horse Hill (pictured)

Alba Mineral Resources PLC (AIM: ALBA), which has oil interests in the emerging Weald Basin in the south of England, has appointed a heavy hitting technical consultant.

She is Sue Corrigan, a geologist and geoscientist with 40 years' industry experience in both exploration and development geology.

READ: Alba Mineral Resources works aerial photography into its understanding of Thule Black Sands project

George Frangeskides, Alba’s chairman, said Corrigan brings with her a “wealth of experience”.

Having held roles at Shell and Amoco, she was until 2015 at Tullow Oil (LON:TLW), one of the UK’s most successful explorers.

Vast experience 

Her know-how of reservoir evaluation spans UK continental shelf and UK southern gas basin, Norway, Algeria, Venezuela, Uganda, Kenya, sub-Saharan Africa and offshore Ghana.

Corrigan’s appointment comes at a key juncture for Alba, which is the second-largest shareholder in Horse Hill, the oil discovery near Gatwick airport that could transform the oil development potential of the Weald.

Following some imminent upgrades to site facilities, the operator is due to start a 150-day production testing programme on the well’s Portland and Kimmeridge reservoirs.

The objective is to confirm the presence of a viable oil volumes that will allow the consortium involved in the operation to make a declaration of commerciality at Horse Hill.

 

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