Alba Minerals Corporate Presentation
Horse Hill www.albamineralresources.com 5 Alba is the second largest partner in Horse Hill Developments (the operator and 65% owner of the Horse Hill oil project), with an effective 11.765% project interest Weald Basin, Surrey HH-1 well flow tested in 2016 – commercially viable initial flow rates (1688 bopd) Estimated 10 billion barrels of OIP under the licence area (Schlumberger, reported 26 August 2015*) Flow tests produced high quality Brent crude Planning approval granted for production flow testing and drilling Clearly mapped path towards commercial production Oil production targeted for early 2019 Oil & Gas * The above estimated OIP hydrocarbon volumes should not be construed as recoverable resources or reserves and also should not be construed in any way to reflect potential producibility of hydrocarbons from the formations evaluated.
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