18 Feb 2022 08:19
Alba Mineral Resources plc
Horse Hill Update
Horse Hill production consent upheld by Court of Appeal
Alba Mineral Resources plc (AIM: ALBA) notes the announcement today by UK Oil & Gas Plc ("UKOG"), as majority shareholder of Horse Hill Developments Limited (the Operator of the Horse Hill Oil Project in the Weald Basin in southern England), that the long-running appeal by Finch et al to overturn the December 2020 Judicial Review judgment upholding the legality of Horse Hill's planning consent, has been refused by the Court of Appeal.
UKOG reports that this judgment means that the planning consent for Horse Hill oil production was granted entirely lawfully and, as such, confirms that Horse Hill can remain operational until the end of its commercial field life.
A copy of the judgment will be made available at https://www.ukogplc.com .
ENDS
Contact details:
Alba Mineral Resources plc | |
George Frangeskides, Executive Chairman | +44 20 3950 0725 |
SPARK Advisory Partners Limited (Nomad) | |
Andrew Emmott | +44 20 3368 3555 |
ETX Capital (Broker) | |
Thomas Smith | +44 20 7392 1494 |
St Brides Partners (Financial PR) | |
Isabel de Salis / Catherine Leftley | alba@stbridespartners.co.uk |
Alba's Projects and Investments
Mining Projects Operated by Alba | Location | Ownership |
Clogau (gold) | Wales | 90% |
Dolgellau Gold Exploration (gold) | Wales | 90-100% |
Gwynfynydd (gold) | Wales | 100% |
Limerick (zinc-lead) | Ireland | 100% |
Investments Held by Alba | Location | Ownership |
GreenRoc Mining Plc (mining) | Greenland | 54% |
Horse Hill (oil) | England | 11.765% |
Alba Mineral Resources (ALBA)