RE: West Newton1 Mar 2024 09:36
Reabold RNS:
'Drilling of a first development well (WN-A3) at West Newton (56.3% economic interest net to Reabold), potentially one of the largest ever UK onshore gas discoveries, is planned for 2024, subject to the operator, Rathlin (UK) Energy Limited ("Rathlin"), securing sufficient funding to drill and test the well. There is an active process underway to assess options to source funding for Rathlin's share of the cost, including through a farmout, or through further investment from Reabold, which, following the receipt of the proceeds from Shell, the Company could potentially provide, in addition to funding its own share.'
'could potentially'
'active process underway'
'subject to the operator, Rathlin (UK) Energy Limited ("Rathlin"), securing sufficient funding'
That does NOT read to me as financed ChristineTaylor yet x