Member Info for reaction

The realisation that West Newton appears to have a 45 metre oil column is a significant and exciting development in the evaluation of this cornerstone asset. We particularly look forward to further analysis and testing results, as well as a proposed updated Competent Persons Report, as, alongside our partners, we establish the optimum forward programme to maximise value out of this field for Reabold shareholders. In addition, subject to funding, the next well at West Newton will be planned to target the deeper Cadeby formation, which has the potential to add significant further resource upside. There are also other follow on exploration targets within this extensive licence area.

n 17 June 2019, the Company was pleased to announce that the West Newton A-2 appraisal well had been successful, with West Newton potentially the largest hydrocarbon discovery onshore UK since 1973.



Preliminary data suggests West Newton 2C Contingent Resources is at least the pre-drill estimate of 189bcf, the equivalent of 31.5mmbbl of oil. The data from the A-2 appraisal well is subject to further testing, which is required to determine flow rates and inform the forward work programme.

in our view, West Newton is extremely attractive, due to both its scale and its location and we are delighted to have been able to fund the appraisal well towards potentially proving up its considerable value.

RBD sound very confident in there RNS. People invest where they like.

I see they are very happy with west newton .
https://www.lse.co.uk/rns/RBD/unaudited-interim-results-r79wu7fhipijv4v.html

Every body. All. GLA.

Well a few less mouths to feed. I am not going to have a tantrum about the days events.
On wards and forwards.
Today has been a good day for all imo.

I recommend deep breaths and plenty of rigorous exercise.
I feel certain any RNS in the morning will be positive. GLA.

Imo Heid.

Dam blast !

Looks like RBD taking a hammering now. mmm

Just to refresh.
https://www.rathlin-energy.co.uk/latest-update/

Good to see the MM starting to raise the bid now. Bring on the EWT.

Would go really well with a glass of wine.
The panic will start after the next RNS when people realise the price is going up and up and up !
Then we will see panic. You won't be able to get enough of these imo.
I am very positive on UJO.
I hold the stock and am happy to do so.

There are a lot of mouths to feed here. But I take great comfort that these companies have already managed to turn Gas into wine. I am confidant they will be able to feed us all.

We must just knuckle down and await news. This is difficult amongst all the excitement. Clearly there are those amongst us affected with doolally tap, and there have been quite enough of them on this board already.
I suggest deep breaths, and lots of trust in the board of directors.

Yes that is half year report RNS. I am very excited for us all.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/UJO/14236269.html

Nothing to worry about here Heid. I very much look forward to the next news also with great anticipation.

Oiler87. The perfect storm. Looking forward to the red dot. One things for sure there must be so much going on in the back ground. Oh to be a fly on the wall. These people are so full on. This silent wait I feel is very positive. All things considered.