Alba Mineral Resources Plc Announces Updates From Portland Pilot Well Of Horse Hill-2

  • Oct 15, 2019 BST
  • Team Kalkine
  • Alba Mineral Resources Plc (ALBA) has announced the updates from UK Oil & Gas Plc, the majority owner of Horse Hill Developments Limited where the company is having a stake of 11.765 per cent.
  • UK Oil & Gas Plc has reported that an extensive, conventional coring programme in the Portland pilot well of Horse Hill-2 has been successfully completed.
  • Throughout the sweet-spot, live oil was observed "bleeding" profusely from core.
  • On 15th October 2019, at the time of writing, GMT 12:42 PM, ALBA shares were trading at GBX 0.20, up by 0.02 points or 10.81 per cent against the previous day closing price.

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