Alba Mineral Resources (ALBA)

Sector:

Mining

Index:

FTSE AIM All-Share

 0.070p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.17
  • 52 Week Low: 0.065
  • Currency: UK Pounds
  • Shares Issued: 8,318m
  • Volume: 12,077,470
  • Market Cap: £5.82m
  • RiskGrade: 447

Alba bolsters Horse Hill consulting team with addition of Sue Corrigan

By Josh White

Date: Wednesday 14 Mar 2018

LONDON (ShareCast) - (ShareCast News) - Diversified mineral exploration and development company Alba Mineral Resources announced the appointment of Sue Corrigan as its technical consultant for oil and gas on Wednesday, with immediate effect.
The AIM-traded firm said Corrigan is a geologist and geoscientist with 40 years of industry experience in both exploration and development geology.

It said she has "extensive experience" of reservoir evaluation in the UK continental shelf and the UK southern gas basin, Norway, Algeria, Venezuela, Uganda, Kenya, sub-Saharan Africa and West Africa in offshore Ghana.

Corrigan began her career at Shell and Amoco.

Prior to becoming an independent consultant in 2015, she spent more than six years at FTSE 250 independent oil and gas exploration and production company Tullow Oil, including holding the position of principal geoscientist between August 2011 and May 2015.

Alba said Corrigan's experience encompassed active participation in a number of North Sea and international field unitisations, numerous screenings and evaluations for potential acquisitions and farm-outs, planning wells in the North Sea and Africa, coordination with drilling teams, monitoring of well progress and management of external consultants and services.

"I am delighted to welcome Sue Corrigan to our team," said Alba executive chairman George Frangeskides.

"She brings to Alba a wealth of expertise in the oil and gas sector at a very important time for Alba's oil investments."

At Horse Hill, where Alba holds the second largest shareholding in the operator Horse Hill Developments, Frangeskides explained that following impending upgrades to site facilities, the operator was due to commence a 150-day production testing programme on the Portland and Kimmeridge KL3 and KL4 reservoirs, with the objective of confirming the presence of a commercially viable oil volume.

"This will enable us to then make a declaration of commerciality."

"This significant point in the development of the Horse Hill Project having been reached, and with production expected from the Brockham site in which Alba is also invested, Sue's technical advice and support will be invaluable as we enter this potentially transformational phase for the company."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ALBA Market Data

Currency UK Pounds
Share Price 0.070p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.17
52 Week Low 0.065
Volume 12,077,470
Shares Issued 8,318m
Market Cap £5.82m
RiskGrade 447

ALBA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.07% above the market average66.07% above the market average66.07% above the market average66.07% above the market average66.07% above the market average
36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average36.84% above the sector average
Price Trend
71.3% below the market average71.3% below the market average71.3% below the market average71.3% below the market average71.3% below the market average
42.07% below the sector average42.07% below the sector average42.07% below the sector average42.07% below the sector average42.07% below the sector average
Income Not Available
Growth
6.95% below the market average6.95% below the market average6.95% below the market average6.95% below the market average6.95% below the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average

ALBA Dividends

No dividends found

Trades for 29-Apr-2024

Time Volume / Share Price
15:18 176 @ 0.073p
14:32 195,000 @ 0.066p
14:23 462,833 @ 0.071p
13:34 500,000 @ 0.066p
12:22 370,370 @ 0.067p

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