Does this sound like a duster?27 Aug 2021 14:20
From operator Rathlin 21 July 2021
21 July 2021
Reabold Resources plc
West Newton Operations Update
Reabold, the investor in upstream oil and gas projects, is pleased to provide an update on activities at the West Newton B site, operated by Rathlin Energy (UK) Limited ("Rathlin").
Highlights:
· Commencement of well testing operations on 7 June 2021, with an initial focus on the lower portion of the Kirkham Abbey pay zone
· Significant inflow of completion fluids into and subsequently out of the reservoir, indicative of a functioning permeability system
· Liquids and gas recovered to surface
· Operation now focussed on clean-up of the well ahead of further flow testing
· Gas analyses exhibit a strong similarity to analyses obtained from the West Newton A site wells with samples showing approximately 90% methane content and no native H 2 S
· Analyses of the recovered liquids are pending
· Additional 19 metre zone in the upper Kirkham Abbey Formation identified for perforation and flow testing
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