Horse Hill Update

RNS Number : 4930J
Alba Mineral Resources PLC
22 December 2020
 

Alba Mineral Resources plc

 

("Alba" or the "Company")

 

Horse Hill Update

 

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 following the judicial review ("JR") hearing of 17-18 November 2020, the Hon Justice Holgate has published his judgement which comprehensively dismisses the challenge to the lawfulness of the planning consent given by Surrey County Council ("SCC") in September 2019 to long-term oil production at Horse Hill.

The UKOG announcement also notes that the full judgement will be made available on UKOG's website in due course.

Further material updates will be released as and when the Company is made aware of these.

 

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

 

For further information, please contact:

 

Alba Mineral Resources plc

George Frangeskides, Executive Chairman

+44 20 3950 0725

 

 

 

Cairn Financial Advisers LLP (Nomad) 

James Caithie / Liam Murray 

+44 20 7213 0880

 

 

 

ETX Capital (Broker)

Thomas Smith

+44 20 7392 1494

 

 

 

Alba's Project and Investment Portfolio

Project (commodity)

Location

Ownership

Mining Projects

Amitsoq (graphite)

Greenland

90%

Clogau (gold)

Wales

90%

Gwynfynydd (gold)

Wales

100%

Inglefield (copper, cobalt, gold)

Greenland

100%

Limerick (zinc-lead)

Ireland

100%

Melville Bay (iron ore)

Greenland

51%

TBS (ilmenite)

Greenland

100%

Oil & Gas Investments

Brockham (oil)

England

5%

Horse Hill (oil)

England

11.765%

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCFEWSWEESSESE
UK 100

Latest directors dealings