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Alba Mineral Resources looks forward to HH-2 production tests in early December

Published: 09:02 27 Nov 2019 GMT

Alba Mineral Resources PLC - Alba Mineral Resources looks forward to HH-2 production tests in early December

Investors in Alba Mineral Resources PLC (LON:ALBA) can now look forward to the start of production testing for the new horizontal well at the Horse Hill project.

In a statement today it was revealed that the horizontal well is now completed.

The well has accessed exposure to 2,500 feet in the conventional Portland oil reservoir. It has now been suspended as a future oil production well, starting with an extended well testing programme.

It is expected that the production test will begin in early December.

READ: UK Oil & Gas cheers completion of Horse Hill’s horizontal well

Alba owns an 11.765% interest in Horse Hill Developments Limited (HHDL) which in turn has 65% of the Horse Hill project.

Horse Hill’s first well has been temporarily shut-in, to enable safe ‘rig-down’ operations.

Prior to this pause in production, the HH-1 well had produced some 78,844 barrels of oil in aggregate, with 49,276 barrels coming from the deeper Kimmeridge oil zone.

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