Member Info for luckyman2

Could top 1.5 if West Newton find gas and 2p if they also find oil

We should be getting an update on the Colter South discovery soon as i believe they said jn one of their interviews that we should have an update by the end of June.

That's just the gas from the drill cuttings returning to the mud room .imo
Just wait till they start flow testing.

RNS Number : 1462B
Reabold Resources PLC
05 June 2019

5 June 2019



Reabold Resources Plc

("Reabold" or "the Company")



Corallian Energy - Award of Five Licences



Reabold, the investor in pre-cash flow upstream oil and gas projects, is delighted to announce that Corallian Energy Limited ("Corallian"), in which the Company owns a 32.9 per cent. interest, has been offered five new licences by the Oil and Gas Authority as part of the UK 31st Offshore Licensing Round.



Three of these new licences have been awarded with joint venture partners, while the other two have been offered on a 100 per cent. interest basis.



The five licences comprise 22 blocks and part blocks, including one in the English Channel (49 per cent. interest), two in the Inner Moray Firth (40 per cent. interest each), one in the Viking Graben (100 per cent. interest) and one in the West of Shetland basin (100 per cent. interest).



Sachin Oza, Co-CEO of Reabold, commented:

"The fact that Corallian has been awarded 22 new blocks and part blocks out of a total of just 144 demonstrates the significant capability and experience of its management team in identifying opportunities. In particular, the award of blocks around the Colter discovery is a highly important step for Corallian in realising further potential in the area and ultimately generating value for Reabold shareholders."

from yesterday

https://twitter.com/Share_Talk/status/1135973995420016643

This is good news as it means that they have found gas and are getting ready to well test . imo

If JP has 3 mil shares which is worth around £300.000 then he would be better off getting his wages for another year as selling out at today's price is not worth it .imo

Might as well do a final top up while the SP takes a breather

Gas next week

must be due news soon Waiting on VG-4 to get connected to gas export pipeline 2 Monroe wells also waiting on connection to export pipeline

At least they will get a wash.

Htmm

I dont think we will get an update regarding California assets till after West Newton gas discovery has been announced either good or bad.imo

Not all are down today.
UJO and MATD both up 16% & 22%

No doubt about it being massive.
You thought horse hill was big well just wait and see the size of this find.
This if a success will be all over the news and will be talked about for years to come just like wytch farm.imo

I know which one we are.

If an RNS on Monday saying gas discovery then i think we will open above .25

Just another red day whats new.

They know they have gas but not sure how much.
The only way to find out is to test it and to do that they need to flow the well and flare the gas.

Dont be stupid.
Still drilling away.