Reabold Resources Share Discussion Threads

[dandadandan] 01/11/2017 10:21

My charts suggest back to 1.2p+ in the next few weeks.

Are they running short of stock???

Someone is holding these tightly.


GLA.

[dandadandan] 01/11/2017 09:48

youtu.be/dSjzyYD5c9Y

Check them out.

Exciting times ahead for pre cash flow O & G opportunities.

Investing in some low risks projects within the European area.
Do not get left behind.....

Follow the money.........

More deals to follow in the next few weeks.


GLA.

[the deacon] 01/11/2017 09:18

Private, unlisted, non cash generating asset. One day Rodney..

[pre] 01/11/2017 08:37

Reabold Resources deals into South Coast oil drilling
Share
08:18 01 Nov 2017
The Colter exploration project, off the south coast, near Wytch Farm, could contain around 30mln barrels of recoverable oil.
Offshore oil drilling
Drilling is slated for the first half of 2018
Reabold Resources Plc (LON:RBD) has dealt into an offshore drilling project, off England’s south coast, which is expected to see a well in the first half of 2018.

The company is to invest £1.5mln into Corallian Energy, to take a 35.4% stake in the privately owned UK oil firm.


Corallian holds five licence interests in the UK, including a 60% in Colter exploration prospect which is located offshore in close proximity to Wytch Farm, Britain’s largest oil field which has so far produced some 450mln barrels of crude.

Colter was confirmed as containing oil with a British Petroleum (BP) well back in 1986, and by using contemporary seismic technologies a new area of interest has now been identified in an ‘up-dip’ location.

It is estimated, by Corallian, that Colter could contain around 30mln barrels of recoverable oil and the success case has been estimated to be worth some £255mln.

The deal follows the appointment of joint chief executives Sachin Oza and Stephen Williams to Reabold in October.

Reabold’s new bosses, in the statement’s joint-comment, said: "We are delighted that the first project since joining Reabold is something as exciting and impactful as Corallian's five UK licence interests and in particular, the Colter appraisal well.

“We look forward to continuing to work closely with the Corallian team.

“This is an excellent time to put capital to work in high quality oil & gas projects, and we continue to assess a number of opportunities.”;

[pre] 01/11/2017 08:35

Transformational news here as nice strategic move imo:

extract from today's rns makes very interesting reading, no wonder the excitement:


Highlights - Corallian's Colter Project:

-- Colter is offshore, adjacent to the Wytch Farm oil field, which has produced in excess of 450 million barrels of oil;

-- A 1986 discovery well, drilled by BP, on Colter recovered 41.9 API oil on test from a 10.5m oil column;

-- Since the 1980's seismic technology has advanced significantly such that Corallian has used modern techniques to merge and reprocess two offshore 3D seismic datasets which have enabled the identification of over 100m of mapped vertical relief up-dip of the discovery well;

-- An appraisal well is planned to be drilled on Colter by Corallian (Operator) in the first half of 2018;

-- Corallian estimates gross mean prospective resources of 30 million barrels of recoverable oil for the Colter prospect; and

-- Corallian financial modelling based on the above prospective resources forecasts a gross NPV (10) in the success case of GBP255 million.

Stephen Williams and Sachin Oza, Co-CEOs of Reabold, commented on the Investment, "We are delighted that the first project since joining Reabold is something as exciting and impactful as Corallian's five UK licence interests and in particular, the Colter appraisal well. We look forward to continuing to work closely with the Corallian team. This is an excellent time to put capital to work in high quality oil & gas projects, and we continue to assess a number of opportunities".

[dudleym1975] 01/11/2017 08:00

The latest ramp from twitter brigade

[2prsimo] 01/11/2017 07:37

a bit underwhelming imho

[ozzm0ziz] 01/11/2017 07:24

Are we sleeping on here? RNS out!

[euclid5] 30/10/2017 09:58

Total shares in Majority large s/holders & Directors = 62.5%

FFloat = 37.5% of 1.541B = 578m shs less any holdings below 3% which we don't know exact figures - still good to know 63% tken up by large holders or just under 1b shs

hxxp://www.reabold.com/securities-in-issue

[simon_64] 30/10/2017 08:21

Buys being marked as sells.

[alexios1201] 29/10/2017 13:10

Well spotted kiwi with nominees holdings missingThe fact is the free float is much smaller that it is on official major shareholders list on Reabold site

[soultrading] 28/10/2017 11:11

Surprised there are not more peeps talking about this. It looks like an easy way to grow your portfolio having some of these.

[showme01] 24/10/2017 18:01

plus 2x2.5m delayed buys.

[dsmith57] 24/10/2017 16:32

14 million bought. 3 million sold. Down nearly 6%. Go figure.

[isaseeya] 24/10/2017 13:09

Looks like time to add a few.

[red nutter] 23/10/2017 16:27

I have dipped in

[isaseeya] 23/10/2017 13:03

British bulls have a buy signal.

[phoenix equity] 23/10/2017 10:08

Took a lot of stock here

[gibso6767] 22/10/2017 15:48

Mmm , I’ve bought into RBD but there’s yet to be any solid news re acquisitions etc , my concern is also an open book to issue more shares

[soultrading] 21/10/2017 16:04

In the saddle and ready to start the race now. A few jumps ahead of us but have every confidence in the jockeys to get us to the finish line. Hopefully, we will make another new high over the week ahead and if we are lucky enough to break out of the upward trend channel of around 1.2 - 1.3 then the sky is the limit. One to buy and keep in the PF. It could be huge in the future and glamorously big in the near term.

[soultrading] 18/10/2017 07:51

Should be an up day today