Reabold Resources (GB:RBD) has released an update.
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Reabold Resources has announced a key update on their West Newton gas development, emphasizing the project’s role in the UK’s transition to a low carbon energy sector. The recompletion of the West Newton A-2 well is set to rectify previous damages and gather crucial data for future production wells, with the venture fully funded for this phase. Holding a significant economic interest through its shareholding in Rathlin Energy, which operates the site, Reabold is advancing its strategy of investing in low-risk, high-potential projects.
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