RE: On the up?9 Sep 2022 09:57
9 September 2022
Reabold Resources plc
("Reabold" or the "Company")
Response to Governmental Energy Plan
Reabold, the AIM quoted investing company which focuses on investments in upstream oil and gas projects, notes the announcement by the UK Government of the cancellation of the moratorium on hydraulic fracturing onshore in the UK.
Reabold welcomes this change in policy and notes that it could have a materially beneficial effect on the Company's UK onshore business, including the potential to exploit additional resources within its existing licence interests and other potential opportunities.
Come on Sanderson something this this will do very nicely. They're up 30% in two days