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Alba Further Strengthens Oil & Gas Team

23/03/2018

Alba Mineral Resources plc, the diversified mineral exploration and development company, announces the appointment with immediate effect of Feroz Sultan as Alba's Special Adviser - Oil & Gas. This follows the appointment, announced on 14 March, of Sue Corrigan as Alba's Technical Consultant - Oil & Gas.

Feroz Sultan is a petroleum geologist with over 40 years of diverse experience in the management, exploration, development and production of oil and gas. He has managed both onshore and offshore oil and gas field developments and prepared field development plans and technical and commercial evaluations. His experience includes over six years (2007-13) as Chief Executive Officer/Director of Petro Ventures International, a private company which participated in the drilling of wells which have resulted in establishing gas fields in the UK North Sea and offshore Romania.

Mr Sultan also spent three years (2003-6) as Chief Operating Officer/Technical Director of Grove Energy Ltd, the AIM and TSX-V listed company which merged with Stratic Energy in 2007 with a merger valuation of approximately C$123 million. Since January 2013, Mr Sultan has been a Director at the UK private company, DESS Energy, an equity partner in the Kirkleatham Gas Field and Westerdale Block, Yorkshire, England. DESS Energy is also pursuing oil and gas exploration and production opportunities in Europe and Mozambique.

Alba's Executive Chairman, George Frangeskides, commented:
"I am delighted to welcome Feroz Sultan to our team at Alba. Feroz has a wealth of experience and has run significant oil and gas projects and companies in his time."

"Feroz's combination of technical and corporate skills in the sector will be invaluable as we enter the key testing and production phases at Horse Hill and Brockham respectively. Together with our recent appointment of Sue Corrigan, Alba now has a strong oil and gas team in place to guide the Company through the next phase in its development."

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