Reabold Resources Share Discussion Threads

[ccr1958] 17/1/2022 09:13

Been a tough ride here , a bit of a rerate won’t go amiss.

[soulsauce] 17/1/2022 09:10

At last some news, and it's decent. Now they have to turn those words in to actual production.

[nicosevos] 17/1/2022 09:04

Consolidation next,imo.....
And if there's no asset sale?!.....Hmmmmmmmmm
Edit
Still hold a few...
gla

[avsome1968] 17/1/2022 08:58

Just need the planning now for a further 4 wells to be passed, excellent rns.

[amrishbhim] 17/1/2022 08:48

The numbers are big

[wisteria2] 17/1/2022 08:29

Hidden depths, absolutely.

[wisteria2] 17/1/2022 08:14

Nice update, what a difference a couple of weeks make to the share price

[archie222] 17/1/2022 07:54

A potential of upto 6,900 boe.

with a likely uplift contribution (UJO RNS) from natural fractures.

Panmure and Arden both maintaining their TPs with Arden stating this is a "desktop/lab-based analysis" on "theoretical potential initial flow rates".

Probably still quite a long way to go - if it ever gets to this.

Still, any change in sentiment is welcome.

[32campomar] 17/1/2022 07:51

Panmure comment on RNSOverall, the study results are very encouraging and show how the West Newton field could be developed to deliver optimal flow rates. While a positive step forward to development, this does not impact our assessment of valuation. Consequently, we reiterate our BUY recommendation and maintain our 1.4p target price.

[32campomar] 17/1/2022 07:48

Looks like good news, hopefully a turning point particularly with gas at £2 a therm and oil more than $80 a barrel

[hiddendepths] 17/1/2022 07:40

It looks great ccr! Great flow rates and it looks as if that's the tip of the iceberg.

Does the UK want cheap gas (and oil for that matter) or would we rather buy it indirectly as economic hostages to Russia? It beggars belief that so many people think we shouldn't develop our domestic transition fuel but rely on supplies from other, far less environmentally aware countries and LNG, which is always expensive.

It's just stupid to shun our own supply in favour of buying the stuff from other countries. Just a question of exporting our emissions not reducing them! That's not doing the world a favour!

[ccr1958] 17/1/2022 07:34

RNS looks good ?

[simon_64] 13/1/2022 21:45

archie

They have made the first step clearing the debt and the director wrote his off,so the will is there.

[archie222] 13/1/2022 21:01

California

Longstop date in the Daybreak Equity Exchange Agreement is 14 February 2022. Before this I think they need to raise a minimum of US$2.5 million via an equity raise.

As Barnier was fond of saying "the clock is tocking".

[simon_64] 13/1/2022 20:15

Looking good for our Corallian sale.

[grannyboy] 05/1/2022 17:47

The press releases from Daybreak are noticeable by their scarcity and long periods of no news updates over recent years .. ie.

23/4/2015 - 3/11/2016 - 1/3/2019 - 21/10/2021 ..

[simon_64] 05/1/2022 14:20

Website just been updated.

Reading through WN just show's how we have been manipulated down as they could have just taken the easy gas, before the oil was discovered.

[simon_64] 05/1/2022 12:39

Like i said before there is a buyer here,they are after shares.

Oil and gas moving back up ideal time for us with Corallian disposal and Daybreak merger.

GLA.

[simon_64] 04/1/2022 13:49

Another nice little asset to have in our Corallian holding.

Viking Graben
P2464

The licence was awarded in the 31st Round. Block 3/12b contains the Unst gas prospect, an Eocene Frigg sandstone prospect which exhibits a seismic amplitude anomaly similar to that observed at the nearby Nuggets Fields. The prospect is estimated to contain an upside (P10) outcome of c. 80 bcf recoverable.



Block 3/18 contains the Quoys prospect, a Jurassic structural / stratigraphic trap up dip of the 3/19b-2 oil discovery which flowed in excess of 5,000 bopd on DST. The prospect is estimated to contain Pmean prospective resources of 57.4 mmbo, with upside (P10) of 107.5 mmbo.



Corallian holds a 100% interest in the licence.