viewAlba Mineral Resources plc

Alba awaits Brockham well analysis as remedial programme is completed

The well operations are now complete and the rig has been demobilised.

oil and gas operations
Production testing planning will be part of the next phase

Alba Mineral Resources plc’s (LON:ALBA)  5% interest in the Brockham oil field has been boosted by an update from operator Angus Energy Plc (LON:ANGS).

Angus announced today that it has demobilised the rig used for remedial work and confirmed that a plug has been set and a downhole pump has been function tested.

READ: Alba boosted as Horse Hill’s test production continues

The operator said it believes that, as planned, it has successfully isolated the water zone without bringing hydrocarbons to surface.

“We will now analyse the results with our partners before proceeding to the next stage which would involve bringing on site full well testing equipment and commencing flow tests," Angus told investors.

Quick facts: Alba Mineral Resources plc

Price: 0.18 GBX

Market: AIM
Market Cap: £6.35 m

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on 19/7/18


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