Reabold Resources Share Discussion Threads

[trulyscrumptious] 19/12/2018 10:50

From Malcy

Reabold Resources
Reabold has announced that drilling operations have commenced at the VG-4 well in the West Brentwood licence onshore California. Following the success of the VG-3 well the RBD team are confident of success here. As we head into 2019 the company has a long list of exciting, potentially game-changing wells to drill, 2019 will be an exciting year for the team.

[alamaison5] 19/12/2018 10:25

With a 27% chance of success I wish you a merry good luck, lol.
xxx

[ileeman] 19/12/2018 10:11

Wick rig mobilised and VG-4 drilling, Colter and Monroe straight after.

Good times ahead for Reabold shareholders, long time coming but fundamentals still top notch.

All goes well and just 50% of drills hit RBD price will be many times what it is today.

[steelwatch] 19/12/2018 09:37

Platform Supply Vessel (PSV) booked for Wick and Colter:

[on target] 19/12/2018 07:26

Wick rig now on its way as well.

[trulyscrumptious] 19/12/2018 07:02

First one spudded!

[luckyman3] 18/12/2018 17:17

4 drills in the next 4 Months
Whats not to like

[kinkell] 18/12/2018 17:14

iLeeman

ADL, please?

[ileeman] 18/12/2018 16:52

Cheapest exposure without a doubt is ADL and BOIL but that being said you can bet most people promoting these stocks will just dump their shares pre results they are not investments but trades, limited cash and not much else if Wick/Colter fail BOIL and ADL are toast.

Reabold is the only investable company you can comfortably hold your money in 8+ drills confirmed 2019, fully funded, very good board of directors.

In my opinion ofcourse.

Back on topic should bang out another VG well in next few days, drilling times 7-10 days so results in before the end of December would be most welcome, Monroe drilling early/mid January, Wick drilling next week or two with results by end of January, Colter very late January maybe early Feb as need to account for weather.

I note Rathlin construction has started and things moving ahead on Parta.

All to play for.

[on target] 18/12/2018 11:55

You can't have a spud without the rig there GoM.

[gunsofmarscapone] 18/12/2018 11:51

Cash I completely concur re BOIL. Its a classic case where the the history of a company has influenced the puntvestors of today. Really under the radar. Still V high risk but in a superior mcap/cash league.

Its all about free speech here but all these AIS based posts, is there any point in them? Just standing by for spud rns but each to their own.

[thamestrader] 18/12/2018 10:34

I'm in Aberdeen, and am definitely glad I am not offshore today.

[luckyman3] 18/12/2018 08:54

Weather is bad today rough seas and very windy.
Maybe sail on Thursday weather permitting

[steelwatch] 17/12/2018 12:32

Weather still tricky

[steelwatch] 17/12/2018 12:21

Maersk lifter on the move now:

[steelwatch] 17/12/2018 10:43

2nd anchor handling tug en-route from Montrose to Tees area this morning. Too early to say whether related or not:



Edit: missed this:

14.12.2018 AHTS Pacific Dispatch Fraser Offshore R/M, Ensco 72, D/D 14 days

[korvet] 17/12/2018 10:24

Is that 6/7 days then?

[steelwatch] 17/12/2018 10:21

Towing vessel will be:

16.12.2018
MAERSK LIFTER
Fraser Offshore
RNR
R/M Ensco 72, D/D 21

[korvet] 17/12/2018 10:14

Does anyone have a guesstimate of travel time to jackup position for the rig. Ta in advance Korvet.

[on target] 17/12/2018 09:51

Rig on the move:

[soultrading] 17/12/2018 09:04

Chris Hutch on LSE says Ensco is moving!

[steelwatch] 16/12/2018 23:43

luckyman - Outstanding VSP approval not needed until TD reached, so shouldn't delay commencement of drilling, but that's not to say the outstanding approval isn't imminent.


Weather outlook improving:






Maersk Lifter now berthed 3.9 Nm from Ensco 72 having relocated from Aberdeen in the last 24 hrs, but need weekday shipbroker updates to confirm whether related.

[cashandcard] 16/12/2018 17:02

I think RBD is the safest way to play Wick & Colter. However, the cheapest exposure to Wick and/or Colter are; Boil and ADL - both of which will deliver handsome returns if both wells are successful or will crash and burn like most AIM oil minnows do after a duster. Of the two, I would rule out ADL as ultra high risk as they have very little funds after the well is drilled. Better safe than sorry, I'd rather stick to RBD and UPL.Cash

[luckyman3] 16/12/2018 16:58

I think the Ensco 72 will be pushed back again as we still have not got the permit from the O&G authority.
We would have heard if it was issued.

[steelwatch] 16/12/2018 13:02

Maersk Lifter ???