Alba Mineral Resources Plc - Brockham Licence Update

Source Press Release
Company Alba Mineral Resources plc Angus Energy Plc 
Tags Asset Deals, Deals, Upstream Activities
Date May 11, 2017

Completion of Acquisition of 5% Interest in Brockham Licence

The Company is pleased to announce that, pursuant to the terms of the Farm-Out Agreement between Alba and Angus Energy Weald Basin No 3 Limited ("Angus"), and following receipt of the consent of the Oil and Gas Authority ("OGA"), the Brockham partners have now completed the assignment from Angus to Alba of a 5 per cent participating interest in Production Licence (PL) 235 comprising the Brockham Oil Field.  Alba is now therefore a licensee under PL 235.

Source: EvaluateEnergy® ©2019 EvaluateEnergy Ltd