The joint venture (JV) partners at the West Newton oil and gas discoveries have ordered a competent person’s report (CPR) for WNA-1, WNA-2 and WNB-1Z wells in the East Riding of Yorkshire. Gaffney, Cline & Associates Limited will carry out the CPR following completion of the imminent well testing programme of the WNB-1Z and WNA-2 […]
Tag: Reabold Resources plc
Reabold completes offer for additional Victory interest
Reabold Resources plc said it had completed its offer for additional Corallian Energy Ltd shares, which could increase its interest from 36.87% to 49.99% in the Victory gas discovery, West of Shetland. The deal involves the acquisition of shares from existing Corallian shareholders in exchange for Reabold shares at a ratio of 474 Reabold shares […]
Reabold targets stronger hold in Victory discovery
Investment company Reabold Resources plc has offered to acquire additional shares in Corallian Energy Ltd, which could increase its interest from 36.87% to 49.99% in the Victory gas discovery, West of Shetland. The offer will see the acquisition of up to 13.12% of Corallian shares from existing Corallian shareholders, in exchange for Reabold shares, at […]
West Newton JV nears flow testing of WNB-1Z sidetrack well
The joint venture partners have ended the current phase of operations ahead of flow testing the West Newton B-1Z (WNB-1Z) sidetrack well near Hull in East Yorkshire. During December 2020, WNB-1Z encountered a gross 62 metre thick hydrocarbon bearing reservoir interval in the primary Kirkham Abbey target formation. The JV today said that the cased […]
West Newton JV to start WNB-1Z evaluation
The joint venture partners at West Newton announced that the first phase of evaluation will begin in April of sidetrack well WNB-1Z at the site near Hull in the East Riding of Yorkshire. The evaluation will include a cased hole logging programme (CHLP) and a vertical seismic profiling survey. The JV comprises Reabold Resources plc […]
Rathlin starts West Newton-A public consultation
Rathlin Energy (UK) Ltd has started a virtual public consultation on the planned West Newton A (WN-A) hydrocarbon field near Hull in East Yorkshire. PROGRAMME The PEDL 183 licence contains the West Newton A-1 (WN-A1) discovery well, the A-2 appraisal well, along with the recently drilled B-1Z discovery. Drill results in December 2020 revealed that […]