Reabold Resources Share Discussion Threads

[simon_64] 24/11/2020 13:21

Q

They didn’t think they would it anything. On this drill although they have found presence of hydrocarbons, they think they will on the sidetrack though they are trying to find out the optimum drilling target to hit the oil column they have found.

[lw425] 24/11/2020 13:13

thanks brut winky for the slide in post 24.

are the private investors asleep here.

the sidetrack is on it way back towards to initial huge discovery and therefore the Chance of Success for the sidetrack must be very high.

[qsmeily456] 24/11/2020 13:07

Are you indicating a 2nd duster or the new drill should hit the desired result?

[simon_64] 24/11/2020 13:05

Looks like the end of the sell off , should get an RNS soon.

Shorters will close again onwards and upwards.

[brut winky] 24/11/2020 12:18

The WNB-1 well has been drilled safely to a Total Depth of 2,295 metres, encountering both the primary and secondary objectives, the Kirkham Abbey and Cadeby formations respectively.

The Kirkham Abbey formation indicated a hydrocarbon charge based on wireline logs, cuttings and mud gas readings. The secondary target, the Cadeby formation contained insufficient reservoir development at this location.

The operator has commenced the planned side-track drilling operation from the WNB-1 well and following preparatory engineering exercises the West Newton B-1Z ("WNB-1Z") will be drilling ahead during the next few days.

The objective of the WNB-1Z side-track well is to further appraise the Kirkham Abbey formation at a structurally higher location, targeting reservoir with characteristics anticipated to be similar to that at the West Newton A-2 location. The WNB-1Z location is believed to be suitable for a subsequent flow test. The information derived from both the WNB-1 and WNB-1Z wells will provide additional data to inform the optimal locations of future development wells at the West Newton project.

The sidetrack will also provide an additional penetration into the Cadeby, which Reabold believes remains a valid target in this location.

Drilling activities at the West Newton B site are ongoing and shareholders and the market will be updated following completion of drilling operations and evaluation at the West Newton B site in due course.

[adyfc] 24/11/2020 11:05

i can't i'm trapped, help

[adyfc] 24/11/2020 10:59

Can't believe they won't let u dump big blocks. Where's the buyers.

[under the radar] 24/11/2020 10:43

🆘🆘🆘🆘7384;🆘ӹ84;🆘🆘;🆘🆘

CANT SELL A BEAN⛔️⛔️⛔;️⛔A039;⛔️

🆘🆘🆘🆘7384;🆘ӹ84;🆘🆘;🆘🆘🆘

[neilyb675] 24/11/2020 10:16

Fundraise ?

[adyfc2] 24/11/2020 10:16

UTR theres a new thread on RBD and they want u 2 give your expertise on that 1 , so pop over and introduce yourself

[theaviator] 24/11/2020 10:15

You don't own any and no it's not!Time out until Si gets thread sorted.

[neilyb675] 24/11/2020 10:13

NT to sell not great.

[theaviator] 24/11/2020 10:13

Hope that's not what they playing at beggarman

[brut winky] 24/11/2020 10:11

No real downside from here.

[beggarman] 24/11/2020 10:11

You never know, if the market cap comes down to £21M (.3p) there might be an offer for the whole company.

[theaviator] 24/11/2020 10:10

Seeing you created the thread I think you can remove Simon. Block I think it is. Not sure as never created a thread.

[neilyb675] 24/11/2020 10:07

39 broken.....