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Share Price: 0.0775

Bid: 0.07

Ask: 0.085

Change: 0.00 (0.00%)

Spread: 0.015 (21.429%)

Open: 0.0775

High: 0.0775

Low: 0.0775

Prev. Close: 0.0775

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IN BRIEF: Reabold Resources shares lifted on Corallian licence deal

Wed, 04th May 2022 13:08

Reabold Resources PLC - investor in upstream oil and gas projects - Says Corallian Energy Ltd, of which it owns 49.99%, receives non-binding conditional takeover offer for entire share capital. Corallian board deems offer attractive and is pursuing sale. Reabold now will acquire Corallian's portfolio of six exploration and appraisal licenses for GBP250,000, excluding Victory license.

"Four of the licences in particular have significant prospective potential in addition to the de-risked contingent resources associated with Oulton, which we believe, can be progressed in a low-cost manner given, inter alia, the low spending commitments. We look forward to providing further updates in the weeks ahead," says co-Chief Executive Officer Sachin Oza.

Current stock price: 0.40 pence, up 26% on Wednesday

12-month change: down 45%

By Elizabeth Winter; elizabethwinter@alliancenews.com

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5 Dec 2023 15:02

Reabold gets £5.2m second payment for Corallian sale

(Sharecast News) - Oil and gas investor Reabold Resources announced the next tranche of payment from Shell UK for the sale of Corallian Energy in November last year.

5 Dec 2023 12:19

Reabold Resources secures GBP5.2 million tranche for sale of Corallian

(Alliance News) - Reabold Resources PLC on Tuesday said that it has received the next tranche of payment from Shell UK Ltd for the sale of the Corallian Energy Ltd.

1 Dec 2023 16:21

Reabold hails Italian government decree on renewable energy production

(Alliance News) - Reabold Resources PLC on Friday said the Italian government has approved a decree to boost the country's renewable energy production and energy security.

1 Dec 2023 11:42

Reabold upbeat on new Italian energy policy

(Sharecast News) - Oil and gas investor and developer Reabold Resources responded positively to a new decree from the Italian government on Friday.

22 Nov 2023 18:23

Reabold Resources advises no action on requisitioned general meeting

(Alliance News) - Reabold Resources on Wednesday said it received a new requisition notice from one of its shareholders, Pershing Nominees Ltd.

17 Nov 2023 15:30

IN BRIEF: Reabold Resources ups LNEnergy stake to just over 18%

Reabold Resources PLC - has interests in oil and gas assets in the UK, US, Romania and Italy - Ups interest in LNEnergy Ltd by a further 0.8% through the subscription of 11 new shares for a cash consideration of GBP150,000. Brings total shareholding in LNEnergy to around 18.4%. LNEnergy's primary asset is the Colle Santo gas oil field in Italy.

17 Nov 2023 12:14

Reabold ups stake in LNEnergy by 0.8pc

(Sharecast News) - Oil and gas investor Reabold Resources announced its intention to enhance its stake in LNEnergy by 0.8% on Friday.

14 Nov 2023 22:04

TRADING UPDATES: Zinc Media to pay GBP850,000 in earn-out on The Edge

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and Monday and not separately reported by Alliance News:

8 Nov 2023 16:29

Reabold believes requisition shareholders attempting takeover

(Alliance News) - Reabold Resources PLC on Wednesday said that it has received a signed requisition notice from one of its shareholders, Pershing Nominees Ltd, requesting a general meeting.

28 Sep 2023 18:29

EARNINGS: Cizzle Biotechnology loss widens as admin costs mount

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

27 Sep 2023 14:42

TRADING UPDATES: SIMEC Atlantis swings to profit; System1 optimistic

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

27 Sep 2023 09:02

Reabold Resources upbeat on oil-based drilling approval

(Sharecast News) - Oil and gas investor Reabold Resources has received approval from the Environmental Agency (EA) to use oil-based drilling fluids at the West Newton B-2 well, it announced on Wednesday.

12 Sep 2023 13:58

IN BRIEF: Reabold Resources raises LNEnergy stake to 18%

Reabold Resources PLC - Oil and gas company with projects in the UK, US and Romania - Ups interest in LNEnergy Ltd by a further 1.6% through the subscription of 18 new shares for a cash consideration of GBP250,000 at GBP13,889 per share. This brings its total shareholding in LNEnergy to around 18%. LNEnergy's primary asset is the Colle Santo gas oil field in Italy.

12 Sep 2023 12:27

Reabold Resources ups stake in LNEnergy

(Sharecast News) - Oil and gas investor Reabold Resources announced a significant addition to its shareholding in LNEnergy on Tuesday, as it invested £0.25m to increase its stake by an additional 1.6% through the subscription of 18 new ordinary shares at a price of £13,889 each.

5 Sep 2023 10:10

Reabold's LNEnergy cheers start of operations at Colle Santo in Italy

(Alliance News) - Reabold Resources PLC on Tuesday said that it has begun operations at the Colle Santo gas field after making progress on environmental regulations.

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IN BRIEF: Reabold Resources shares lifted on Corallian licence deal

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