Reabold Resources plc said that an 18-month extension had been granted to its project interest in the Ex-10 Parta gas exploration licence in Romania. The investment company holds a 51% interest in Danube Petroleum Ltd, which holds a 100% interest in Parta (including 100% interest in the Parta sole risk area) and a 100% interest […]
Tag: Reabold Resources plc
Rathlin mobilises equipment for tests at West Newton B-1Z
Rathlin Energy (UK) Ltd said it had mobilised equipment to complete and test the West Newton B-1Z (WNB-1Z) sidetrack well in East Yorkshire. The site operator added that a workover rig, well test package, Certified Ultra-Low Emission Burners, a wireline unit and other related materials will be set up during the first week of operations. […]
West Newton JV orders CPR for oil and gas wells
The joint venture (JV) partners at the West Newton oil and gas discoveries have ordered a competent person’s report (CPR) for WNA-1, WNA-2 and WNB-1Z wells in the East Riding of Yorkshire. Gaffney, Cline & Associates Limited will carry out the CPR following completion of the imminent well testing programme of the WNB-1Z and WNA-2 […]
Reabold completes offer for additional Victory interest
Reabold Resources plc said it had completed its offer for additional Corallian Energy Ltd shares, which could increase its interest from 36.87% to 49.99% in the Victory gas discovery, West of Shetland. The deal involves the acquisition of shares from existing Corallian shareholders in exchange for Reabold shares at a ratio of 474 Reabold shares […]
Reabold targets stronger hold in Victory discovery
Investment company Reabold Resources plc has offered to acquire additional shares in Corallian Energy Ltd, which could increase its interest from 36.87% to 49.99% in the Victory gas discovery, West of Shetland. The offer will see the acquisition of up to 13.12% of Corallian shares from existing Corallian shareholders, in exchange for Reabold shares, at […]
West Newton JV nears flow testing of WNB-1Z sidetrack well
The joint venture partners have ended the current phase of operations ahead of flow testing the West Newton B-1Z (WNB-1Z) sidetrack well near Hull in East Yorkshire. During December 2020, WNB-1Z encountered a gross 62 metre thick hydrocarbon bearing reservoir interval in the primary Kirkham Abbey target formation. The JV today said that the cased […]