Member Info for Heid

Letter sent to #RBD @ReaboldPLC 7th December 2023 by requisitioning shareholders requesting that they refrain from exercising the "Second Option" in LNEnergy Limited and the Colle Santo project and do not invest any further company money

CC @kamsattar @CattaneoGenoa

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https://x.com/Heid_oil/status/1734114730032210283?s=20

The only Christmas cheer here would have been a dividend paid here this week but David is covering the 2025 Biscathorpe drill an the West Newton 2025 drill now imo...

But do not fear...George will still get his Gammon an Chips at Wressle for his photography weekends. We just get 'the futures bright ' whilst they are not the operator..

The good news is requisition meeting date announced this week which should put us on a better footing towards West Newton.

Happy Christmas to Sachin's nephews. Impeccable timing

Requisition news for meeting by Tuesday .

Also may I add, if a farm out had taken place it would of been better but the director's bonuses were geared towards the sale.

The usual by Stephen an Sachin then...

During the Corallian Energy sale process, it was announced Reabold had entered a period of exclusivity on 4 May 2022 when gas prices were at 156.17 p/t. On 31 August 2022, the exclusivity period with Shell ended and gas prices were near record highs of 627.43 p/t, 3x higher over less than a four-month period. It is the Requisitioning Shareholders’ opinion that Corallian should, at this point, have re-opened the process to other bidders to achieve a higher sale price, as the underlying market dynamics had changed and we deem the sale price that was agreed was sub-optimal. The directors of Reabold, as the major shareholder, should have made this clear to the Corallian board during the sale process but were clearly not inclined to do so, much to the detriment of Reabold;

Kamran is over it 'like a rash.'

Kamran is such a nice man. So kind an with morals.

Kamran will pay a dividend

Who would you like to be the directors of #RBD @ReaboldPLC after the requisition meeting vote ?

Shareholder value - West Newton - Dividends - Better communication with shareholders - Improved PR

Please vote. Thank you...

https://x.com/Heid_oil/status/1733130140039688294?s=20

😁

He will be sat next to you at the big table with Zac

I have already told him 🤣🤣

Oh yes...excellent that they bought in at such a cheap price an over 4% !! an now have the advantage of trading this all the way up to West Newton. I bet those on a loss here will be well chuffed.

Impeccable timing too at 0.10p

Ok...Colle Santo stuff sent to fund managers first to read.

You lot gotta wait but hopefully not much longer.

PD let's see what persimmon thinks of one part of the Colle Santo goings on...

Keep eye...might be some words from requisitioning shareholders today re Colle Santo.

But there is something else that stands out for me ....that is more strange an concerning....

⌛️🪴🪴🪴 To be continued...

I even found Mark Frascogna from LNEnergy at the Abruzzo Energy summit an translated it all for you

I was very cautious about the Colle Santo gas field progressing from what Mark said...

#RBD @ReaboldPLC CC @kamsattar @CattaneoGenoa

https://x.com/Heid_oil/status/1732782428270248006?s=20

Just 'read' this article on the Colle Santo project that I posted a while back...

#RBD @ReaboldPLC Do not put any more money in to this project !

https://x.com/Heid_oil/status/1732779613900673042?s=20

Only about 15 days left on the calendar to choose from with Christmas an New Year factored in..

The big holders are looking to kick Stephen an Sachin off this time...

Kamran believes they have enough votes

Why do you think there has been no date set by Stephen an Sachin ? I keep telling you there is more to come here but Kamran wants the date set to answer your questions.

Andrea met Kamran off the plane from COP28 the other day after the partial Shell money came in. They are working hard in the background to nail it this time.

Andrea is not happy with Colle Santo as I said earlier...He does not want more money spent on it !