logo-loader
viewAlba Mineral Resources PLC

Alba Mineral Resources looks forward to next phase of Brockham operations

The aim is to bring the well into production testing to determine whether commercial hydrocarbon flows can be achieved.

oil and gas operations
The next phase of work will start later this month

Investors in Alba Mineral Resources plc (LON:ALBA) can look forward to the next phase of work at the Brockham field in the coming weeks.

Brockham operator Angus Energy has announced that preparatory operations for the second stage of work will start in the week of 17 June.

This work will aim to ensure the well’s borehole is in optimum condition for testing, giving it the best possible ‘communication’ between the well and the fracture system.

READ: Alba Mineral Resources edges up as it unearths new gold anomalies at Clogau

Once complete, the partners expect to start well testing operations to determine whether commercial hydrocarbon flows can be achieved.

It comes as the company sees progress and encouragement across its mining and hydrocarbon focused investments.

Alba owns a 5% interest in the Brockham project, which is within the same play as its 11.765% owned Horse Hill project.

Quick facts: Alba Mineral Resources PLC

Price: 0.0708 GBX

AIM:ALBA
Market: AIM
Market Cap: £3.42 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Proactive One2One Virtual Event - VolitionRX

VolitionRx Limited's (NYSE AMERICAN:VNRX) Scott Powell presents to investors at Proactive's One2One Virtual Event. Volition is a multi-national epigenetics company developing simple, easy to use, cost effective blood tests to help diagnose a range of cancers and other diseases. 

1 hour, 5 minutes ago

2 min read