A feasibility study has also started to evaluate the potential for power generation and data centre assets, using gas produced from the field.
Tag: Rathlin Energy (UK) Ltd
Rathlin appoints independent director
Rathlin Energy (UK) Ltd, operator of the West Newton onshore gas field, has appointed Philip Birch as an independent non-executive director to the board, with immediate effect. Mr Birch has more than 40 years’ experience as an oil and gas executive in the energy sector. He has held a range of senior leadership positions including […]
Reabold clarifies Bitcoin plan for West Newton
Reabold Resources plc is continuing to investigate the possibility of mining Bitcoin to finance gas production at the West Newton joint venture in East Yorkshire. SCALE The company first raised the idea in August 2025 when the JV also signed a non-binding letter of intent with Texas-based 360 Energy for potential Bitcoin mining. Operations at […]
West Newton JV allowed ‘reservoir stimulation’
Rathlin Energy (UK) Ltd said that the Environment Agency had issued the variation to the permit, which includes a “reservoir stimulation” in the West Newton-2 well, at the site onshore East Yorkshire. RECOMPLETION The permission granted to the operator is subject to pre-operational conditions. “This key regulatory milestone clears a major hurdle in the company’s […]
West Newton JV looks to Bitcoin financing
The West Newton onshore gas project could be financed by installing gas-powered generators and cryptocurrency mining equipment, funded by natural gas produced at the East Yorkshire site. AI DATA The project estimate is gross recoverable 2C gas resources of almost 200 billion cubic feet, based on RPS’ independent assessment in 2022. Operator Rathlin Energy (UK) […]
Rathlin appoints Paul Harris as independent NED
Rathlin Energy (UK) Ltd has appointed Paul Harris as an independent non-executive director of the board, with immediate effect. Mr Harris is a chartered engineer with 35 years’ experience within the energy sector. He has a technical, regulatory and commercial background and a track record of delivering UK oil and gas projects. Mr Harris’ previous […]