Tag Archive for Reabold Resources

Reabold Resources encounters ‘significant’ hydrocarbon shows at latest California well (RBD)

Reabold Resources (LSE:RBD) dropped 0.75pc to 0.7p this morning despite revealing success at its new well in California. The business said VG-4 had encountered significant oil and gas shows in its targeted formation. Meanwhile, wireline logging has confirmed the presence of pay. The well was spudded on Reabold’s 50pc-owned West Brentwood field in December by…

Reabold drills new well in effort to continue California hot streak (RBD)

Reabold Resources (LSE:RBD) was trading down 2.8pc to 0.6p this morning after announcing that drilling has started on its latest well in California. US contract operator Integrity Management Solutions has started work on well VG-4 at Reabold’s onshore West Brentwood licence. The work follows the successful drilling of another well called VG-3 at West Brentwood…