Reabold Resources Share Discussion Threads

[ccr1958] 03/11/2020 12:00

Why do we have to follow anyone...buy we need leaders for that of course...

[theclangers] 03/11/2020 11:26

Agree, think lock downs are unnecessary, just needed to follow Sweden's lead

[grannyboy] 03/11/2020 10:53

It was obvious the covid infection rate would start to fall, when they brought in the first lockdown it coincided with the peak of the infections and hospital intakes, and started to fall.. The clowns running the show have no idea, and that includes the so called 'scientific experts' sitting on the 'sage' group..

[theclangers] 03/11/2020 09:22

Brent back up to $40+ UJO ticking back up, Corona infection/death rate down today

[dan de lion] 02/11/2020 15:14

Makes you wonder if there is something amiss, could be only days away from major news from West Newton!

[ccr1958] 02/11/2020 14:49

Yes mate we don’t feature highly ..agreed.

[soulsauce] 02/11/2020 14:45

Yep 7bn plus and counting. Not bad for a company with such a short life 😖

[ccr1958] 02/11/2020 14:04

Oh soul , I knew UJO was severely diluted but obviously I’ve missed all the confetti at RBD.

[soulsauce] 02/11/2020 13:41

Who knows and who cares anymore to be honest. Both companies have that many shares swilling about due to excessive dilution that in a market like this there is bound to be plenty of shares on the sell side and consequential weakness.
Ant and Dec and Bramhill probably sitting on one of the best oil and gas finds in the UK for decades and they have screwed it up for shareholders.

[ccr1958] 02/11/2020 13:31

This and UJO down , we come to a haunt or something?

[huffster] 30/10/2020 09:02

Bit more detail on IMIC-1 from ADX quarterlies. Looking a tad more positive if a bit marginal.



IMIC–1 Well Testing: Testing of the IMIC-1 well was ongoing during the quarter following installation
of permanent production tubing and flow control equipment in the well prior to perforation and
production testing of the well 19th of June 2020.

On 2 July 2020 ADX reported well production equipment had been run into the well and perforated
to initiate flow from the Lower Pannonian “Pa IV” gas reservoir (the PaV and Pa III potential gas
reservoirs were not perforated during the current program).

Initial flow test results suggested reservoir damage and mud filtrate build up around the well bore
given that the IMIC-1 well encountered good reservoir porosity (20% within the net pay gas zone)
and gas saturations in the Pa IV sandstone reservoir based on electric wireline logs and gas shows
(gas inflow to the drilling mud) while drilling late last year. In addition, well test results from the
nearby historic well drilled in the mid 80’s flowed at up to 1 MMSCFPD and subsequent cuttings from
IMIC-1 drilling analysis together with modern petrophysical analysis from the well logs indicated
good Pa IV gas reservoir permeability.

The IMIC-1 well was acidised and back flowed on the 10th and 11th of September 2020 with the
assistance of nitrogen injected to the bottom of well using coiled tubing.
Liquids recovered from the well consisted of well completion brine, acidization fluid that was
pumped into the reservoir, minor amounts of reservoir fluids and a yet to be analysed sludge like
material most likely consisting of fine reservoir solids and precipitation materials formed by the
reaction of acid with the reservoir.

Gas flow was observed at surface 12 hours after back flow with nitrogen on the morning of 12th of
September. The gas was a combination of methane gas and nitrogen. A number of well blow downs
of the well were undertaken over a period of 24 hours. Build-up of pressure at the well head was
substantially faster than pre acidization indicating permeability improvement from acidizing. The
pressure build up to near reservoir pressure indicated well inflow is predominantly gas. Gas samples
taken conformed excellent gas quality.

A proposal has also been received for an acid frac with view to achieve further permeability
improvements. The acid frac proposal will be assessed in conjunction with remapping of reprocessed
Iecea Mare 3D seismic

[theaviator] 29/10/2020 00:41

Totally unhinged. He sold out the bell on Vela the other day. Fine as I didn't have much in but he ramped his mate in to tune of 12ml shares. You wanna hear what HE has to say about him now. Just a vendetta as I called him on it so he's decided it's grown up to do this in all my investments lol

[theaviator] 28/10/2020 13:09

He isn't Chris oil mate. He doesn't have that kind of dosh lol

[theaviator] 28/10/2020 13:08

UTR is now trolling every BB and investment I am on lol His supposed best mate isn't too impressed either by the looks of it lolWhat a Sad little boy.

[pistonbroke1] 28/10/2020 13:05

Sod off Chris Oil, mummies boy

[under the radar] 28/10/2020 13:01

LOWER HIGHS AND LOWER LOWS

WILL TANK BELOW 0.4p

VERY WEAK

STRONG SELL

[squiresquire] 27/10/2020 18:47

Thanks NICOS Good stuff nice find.

[nicosevos] 27/10/2020 10:34

Mr Daniel Levi (Sinner)@BrokermanDaniel 18h

I’m hearing #WestNewton are circa 400mtrs from TD.

If so news circa 7days imho...

[nicosevos] 19/10/2020 15:25

C&P, LSE, UJO, BB.

Heid
Posts: 11,273
Price: 0.16


Reports of drilling going exceptionally well at West Newton