Reabold Resources Share Discussion Threads

[luckykids] 22/8/2019 07:06

Good news RNS increased stake in Rathlin

[luckykids] 21/8/2019 16:53

so far made it 4.1 mill bought against 2.3 sold may still be hidden sell I suppose

[steelwatch] 21/8/2019 14:36

The place to check is here, allowing for 9 hours time difference:

[cashandcard] 21/8/2019 14:27

I'd say by Friday they should be clear of that zone and know exactly what they've got. Maybe a case of Monday update?


Cash

[ileeman] 21/8/2019 14:16

Worth noting ADX announcement stated 4 days to gas zone from the 18th, so possible we get an update tomorrow or Friday.

[grannyboy] 21/8/2019 13:09

Over 70+% COS, because it's an appraisal well, it was drilled in the 80's but Romania didn't have the infrastructure for the gas, totally different scenario now.

[goodbloke1] 21/8/2019 12:48

The parta well

[grannyboy] 21/8/2019 12:25

Which well?

[goodbloke1] 21/8/2019 12:07

What's the cos on this well ?

[ken chung] 21/8/2019 10:28

Feel free to join my new discussion thread

[grannyboy] 20/8/2019 16:01

Well they certainly don't want to be under selling an asset just to please those traders that are happy with their 10/20% share price rises... So if it means proving up an asset with further drilling, so be it..

[ileeman] 20/8/2019 15:01

Not exactly sure what the chance of success is on the secondary exploration oil target but it is worth noting neighboring fields are producing 1000+ bopd from the same target...so not entirely exploration.

Gas is 60-70% CoS if I recall.

[cashandcard] 20/8/2019 14:57

Divmad,

A good result is confirmation of the previous gas encountered at this location. A stellar result would be to discover oil&gas in secondary zones.


Cash

[divmad] 20/8/2019 14:53

What would be a good result at Parta and what would be a stellar result? Thinking of the Eco drill analogy at Jethroe.

[cashandcard] 20/8/2019 14:35

pistonbroke1,


Agree, RBD are an early stage player and should not stretch themselves thin in places like Romania (especially if its just gas). Sell to the highest bidder once they have hooked up. Production is good if the costs to get to production are relatively low ala California.


Cash

[ileeman] 20/8/2019 14:06

Brine tanker in.

"used by drilling operators when they are about to complete the production of an oil or gas well and while performing well testing. Completion fluid is placed inside the well to facilitate the final operations prior to starting hydrocarbon production"

[ileeman] 20/8/2019 13:50

Mr Daniel Levi (Sinner)‏ @BrokermanDaniel · 1h1 hour ago


Hearing there’s a communications ‘black out’ & lock down of roads around drill site at West Newton. Ergo: Perfed & getting readied to flow. #RBD & #UJO on site. I may pop down with my drone to get a birds eye view 😂🤣😂😂9315;😂

[pistonbroke1] 20/8/2019 13:32

Not sure thats our problem, RBD prove up gas resources via a number of wells then sell the job lot.

[cashandcard] 20/8/2019 10:32

Problem for Romania is that Ukraine is not the most reliable gas customer. They do take alot of time to pay. I'd rather any gas is sold into the local market.


Cash

[grannyboy] 20/8/2019 10:28

Good news, get Iecea Mica 1 flowing the gas and plenty more wells to drill and a ready hungry market awaits...

[simon_64] 20/8/2019 10:24

If Parta is on stream by then fantastic for us and Romania and Ukraine to help shake off the shackles of Putins Russia.

[ltinvestor] 19/8/2019 15:23

Peel hunt on the bid.

[l4z4rus] 19/8/2019 15:23

Never mind the 3s, nice 7m buy...

[theaviator] 19/8/2019 13:51

I can take 10k worth at 1.26 Not bad not bad