Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAlba Mineral Resources Share News (ALBA)

Share Price Information for Alba Mineral Resources (ALBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0575
Bid: 0.055
Ask: 0.06
Change: 0.00 (0.00%)
Spread: 0.005 (9.091%)
Open: 0.0575
High: 0.0575
Low: 0.0575
Prev. Close: 0.0575
ALBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: UKOG To Let Police Handle Slow Walk Protests At Horse Hill

Thu, 04th Feb 2021 19:20

UK Oil & Gas PLC - oil & gas exploration and production company - Says will seeks to remove slow-walking protests from upcoming injunction regarding lawfulness of Surrey County Council granting planning consent at for long-term production at the Horse Hill oil field.

"Having considered the efficient manner in which recent slow-walks have been dealt with by local Surrey police, the company now considers it best to allow the police to continue to deal with such incidents, especially as the current Covid-19 restrictions confer additional policing powers to deal with gatherings and unnecessary travel. The company thus seeks to remove slow-walking from the injunction," company says.

UKOG adds: "The injunction is and always has been expressed to continue until trial or further order. Consequently, the High Court will be invited to maintain the status quo in that regard and continue the injunction until February 2022, the date the High Court has fixed for the final trial of the action."

It says Horse Hill remains a target for protestors who seek to prevent UKOG from "conducting its lawful business".

"The injunction helps protect the company from such unlawful actions and, crucially, does not prevent or limit peaceful protest," UKOG adds.

UKOG currently holds an 86% interest in the oil field while Alba Mineral Resources PLC, which also noted the judge's decision, holds a 12% stake. In mid-November, a legal challenge was presented by the Weald Action Group against the council's decision, claiming that it had failed to assess the indirect greenhouse gas emissions of the development arising from the eventual combustion of any produced oil.

The challenge also claimed that the council's decision did not comply with the governing EU and Town and Country Planning Act environmental impact assessment regulations

Current stock price: 0.13 pence

Year-to-date change: down 13%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
11 Oct 2019 11:22

UK Oil & Gas Ups Horse Hill Coring Programme Seeking More Oil Volumes

UK Oil & Gas Ups Horse Hill Coring Programme Seeking More Oil Volumes

Read more
9 Oct 2019 10:42

UK Oil & Gas Successfully Carries Out Testing, Drilling At Horse Hill

UK Oil & Gas Successfully Carries Out Testing, Drilling At Horse Hill

Read more
8 Oct 2019 11:49

UK Oil & Gas And Alba Mineral Horse Hill-2 Well Project On Schedule

UK Oil & Gas And Alba Mineral Horse Hill-2 Well Project On Schedule

Read more
12 Sep 2019 11:33

UK Oil & Gas Waiting For Rig Following Preparation Work At Horse Hill

(Alliance News) - UK Oil & Gas PLC has finished site work ahead of the drilling of a new well at Horse Hill, it said on Thursday, just a day after planning permission was received.Work

Read more
11 Sep 2019 13:01

UK Oil & Gas Gets 25-Year Horse Hill Planning After Taking Control

(Alliance News) - UK Oil & Gas PLC has taken a controlling stake in the Horse Hill development in Sussex following a GBP12 million deal.UKOG has purchased Magellan Petroleum UK Holdings

Read more
30 Aug 2019 08:44

Alba Mineral Resources Identifies Key Assets As Interim Loss Narrows

(Alliance News) - Alba Mineral Resources PLC on Friday said it intends to focus on assets that provide the shortest likely timeline to commercial production, as it reported a stable loss in the of

Read more
21 Aug 2019 14:38

Alba Mineral Resources Will Focus On Clogau After Business Review

(Alliance News) - Alba Mineral Resources PLC on Wednesday said it has conducted a business review and will continue to focus on its Clogau gold project in Wales going forward.Shares in Alba

Read more
7 Aug 2019 11:48

UK Oil & Gas Lifts Horse Hill Stake To 86% With GBP12 Million Purchase

(Alliance News) - UK Oil & Gas PLC said Wednesday it acquired a further 35% stake in its flagship Horse Hill oil discovery in the Weald Basin for GBP12 million, taking its interest to agreed a

Read more
6 Aug 2019 13:45

Alba Mineral Resources Finds Significant Gold In Northern Wales

(Alliance News) - Alba Mineral Resources PLC on Tuesday said the largest anomaly found at the Clogau gold licence in North Wales is nearly two kilometres long.This anomaly, Alba said, is as

Read more
1 Aug 2019 13:43

Alba And UKOG Shift Horse Hill Test Production Ahead Of More Drilling

(Alliance News) - Alba Mineral Resources PLC and UK Oil & Gas PLC on Thursday said test production at the Horse Hill project in southern England has been switched to the deeper Kimmeridge oil

Read more
28 Jun 2019 17:02

Alba Mineral Resources Soothes Shareholders After Poor Brockham Result

(Alliance News) - Alba Mineral Resources PLC on Friday moved to reassure shareholders following disappointing results from the Brockham oil field, in which it has an interest.Angus Energy a

Read more
28 Jun 2019 10:56

Angus Energy Mulling Brockham Sale After Testing Disappointment

(Alliance News) - Angus Energy PLC on Friday said there is little chance any hydrocarbon flow can be established at the Brockham field at commercial rates.Angus earlier in June began the of

Read more
11 Jun 2019 10:35

Horse Hill Field Partners Say Oil Production Passes Landmark Figure

LONDON (Alliance News) - Alba Mineral Resources PLC and UK Oil & Gas PLC said Tuesday that total aggregate production from the Horse Hill oil field has reached a landmark figure of 50,000 of a

Read more
4 Jun 2019 11:38

Alba Mineral Resources Raises GBP500,000 Via Share Issue (ALLISS)

LONDON (Alliance News) - Alba Mineral Resources PLC on Tuesday said it raised GBP500,000 via placing of shares to accelerate exploration activities.The firm issued 250 million shares at 0.2

Read more
29 May 2019 15:56

Alba Mineral Resources pleased with results from recent soil sampling

(Sharecast News) - Diversified mineral exploration and development company Alba Mineral Resources reported the second set of results from its 2019 soil sampling campaign at its 107 square kilometre licence area in North Wales on Wednesday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.