Roundtable Discussion; The Future of Mineral Sands. 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: 0.0675
Bid: 0.065
Ask: 0.07
Change: 0.00 (0.00%)
Spread: 0.005 (7.692%)
Open: 0.0675
High: 0.0675
Low: 0.0675
Prev. Close: 0.0675
ALBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK Oil & Gas Starts Water Shut Off Intervention At Horse Hill-2z Well

Wed, 19th Feb 2020 13:33

(Alliance News) - UK Oil & Gas PLC said Wednesday that operations to shut off formation water ingress into its Horse Hill-2z horizontal production well in the Weald Basin of Surrey, southern England, have commenced.

UK Oil & Gas owns an 86% interest in the Horse Hill PEDL 137 and PEDL 246 licenses, located in Surrey, England. Alba Mineral Resources PLC owns 12% interest in the licences.

The oil & gas firm said "by means of a Halliburton coiled tubing unit, production logging tools will be run along the entire length of the 2,500 feet horizontal section to identify the source of water ingress, thought to be from a series of open natural fractures at the base or "toe" of the wellbore."

Once identified, the source of water ingress will be isolated, either via a rigid setting fluid plug, or by conventional cementing and selective perforation programme, the company said.

Resumption of HH-2z extended well test operations is planned to follow directly after a successful intervention, UK Oil & Gas said.

Meanwhile Portland oil pool test production from HH-1 well will continue during the intervention, the company said.

Stephen Sanderson, chief executive officer, said: "We look forward to a successful intervention programme and the near-term resumption of test oil production from the new HH-2z horizontal well."

In another statement, Alba Mineral Resources PLC said it has received update from UK Oil & Gas about the commencement of operations to shut off formation water ingress into the Horse Hill-2z well.

UK Oil & Gas shares were trading 1.2% lower in London at 0.62 pence each on Wednesday, meanwhile Alba Minerals shares were mainly flat at 0.12 pence.

By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
5 May 2023 11:10

Alba Mineral loss widens as costs climb; confident in gold assets

(Alliance News) - Alba Mineral Resources PLC on Friday said its annual loss widened as administrative expenses increased, alongside an impairment expense, while it expressed confidence in its Welsh gold assets.

Read more
28 Mar 2023 17:52

Pennpetro Energy signs deal with UK Oil & Gas to develop Horse Hill

(Alliance News) - Pennpetro Energy PLC on Tuesday signed an agreement with UK Oil & Gas PLC to farm-in and drill the next infill oil production well at the Horse Hill Oil Field, near Gatwick airport.

Read more
27 Mar 2023 12:15

Alba Mineral compiling responses for north Wales gold mine queries

(Alliance News) - Alba Mineral Resources PLC on Monday said it is in the process of compiling responses to queries relating to biosecurity in an operational update on its Clogau-St David and Dolgellau gold exploration projects in north Wales.

Read more
6 Mar 2023 12:14

GreenRoc Mining signs deal to develop Amitsoq project in Greenland

(Alliance News) - GreenRoc Mining PLC on Monday said it has signed a memorandum of understanding with Leonhard Nilsen & Sonner A/S for the development of its Amitsoq Graphite Project in Greenland.

Read more
8 Feb 2023 12:06

Alba Mineral's GreenRoc delighted by ERMA approval for Amitsoq project

(Alliance News) - GreenRoc Mining PLC on Wednesday touted development opportunities at its Amitsoq asset, after the European Raw Materials Alliance declared its support for the project.

Read more
23 Jan 2023 11:43

GreenRoc 2023 Amitsoq resource estimate three times larger than 2022

(Alliance News) - GreenRoc Mining PLC on Monday said its 2023 mineral resource estimate for the Amitsoq Island deposit is nearly three times that of its 2022 estimate.

Read more
20 Jan 2023 14:29

Alba Mineral Resources surrenders Lickerick prospecting licence

(Alliance News) - Alba Mineral Resources PLC on Friday said its subsidiary, Aurum Mineral Resources Ltd, has surrendered its Limerick prospecting licence to the Department of the Environment, Climate & Communications in Ireland.

Read more
20 Jan 2023 12:00

GreenRoc Mining purification tests meet requirement to produce anodes

(Alliance News) - GreenRoc Mining PLC on Friday announced that Amitsoq purification tests in Greenland achieved almost 100% purity, surpassing a requirement to manufacture anodes for electric vehicle batteries.

Read more
23 Dec 2022 17:05

TRADING UPDATES: Logistics Development buys Alliance Pharma shares

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and Thursday and not separately reported by Alliance News:

Read more
9 Dec 2022 11:50

GreenRoc placing raises GBP315,000 to develop Amitsoq graphite project

(Alliance News) - GreenRoc Mining PLC on Friday announced a placing of 7.0 million new shares to raise GBP315,000.

Read more
23 Nov 2022 21:44

TRADING UPDATES: Helios Underwriting plans to raise GBP13.5 million

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
18 Nov 2022 13:07

Alba engages 'mine-to-market' supply chain consultant

(Sharecast News) - Alba Mineral Resources has engaged Vivien Johnston Glass as its specialist 'mine-to-market' supply chain consultant for refined gold products, it announced on Friday.

Read more
14 Nov 2022 21:35

TRADING UPDATES: Rogue Baron names chair; Mobile Streams wins contract

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
11 Nov 2022 15:24

TRADING UPDATES: De La Rue defends chair; Resolute Mining fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
31 Oct 2022 19:58

TRADING UPDATES: 4Global wins deal; James Cropper profit warning

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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.