Alba Mineral Resources PLC Horse Hill production consent upheld (1267C)
February 18 2022 - 3:19AM
UK Regulatory
TIDMALBA
RNS Number : 1267C
Alba Mineral Resources PLC
18 February 2022
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 Location Ownership
by Alba
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%
----------- ----------
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
MSCGIGDDRBBDGDI
(END) Dow Jones Newswires
February 18, 2022 03:19 ET (08:19 GMT)
Alba Mineral Resources (LSE:ALBA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Alba Mineral Resources (LSE:ALBA)
Historical Stock Chart
From Jul 2023 to Jul 2024