Reabold Resources plc has verbally agreed a second extension to the options expiry date regarding its conditional acquisition in the Colle Santo gas field, onshore Italy. OPTIONS In May, the company initially bought 32 shares in LNEnergy which holds an option over a 90% interest in the field. A conditional shareholder option agreement is with […]
Tag: Colle Santo gas field – Abruzzo – Italy
Reabold expands into Italy with Colle Santo deal
Reabold Resources plc has entered into a conditional agreement to acquire an interest in the Colle Santo gas field in the Abruzzo region, onshore Italy. TERMS The investor purchased an initial 32 shares representing a 3.1% interest for £250,000 in LNEnergy Ltd which holds an option over a 90% interest in the field. The subscription […]