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- Reabold Resources’ (LON:RBD) partner Rathlin Energy interacted with the West Newton Community Liaison Group (CLG) regarding the development of the West Newton project.
- Rathlin's ongoing plans are based on the analysis and interpretation by CoreLab, Applied Petroleum Technology (“APT”) and RPS (engineering firm).
- As per tests, oil-based drilling fluid is more appropriate for the Kirkham Abbey reservoir.
UK-based upstream oil and gas investment firm Reabold Resources (LON:RBD) recently updated the market about a meeting between Rathlin Energy (UK) Limited ("Rathlin") and West Newton Community Liaison Group (CLG). The meeting took place at West Newton B ("WNB") site, where CLG members were given an update on Rathlin's work.
Reabold holds a 59% stake in Rathlin, the operator of PEDL183 and the West Newton Field, and 16.665% direct interest in the PEDL183 project, taking its total economic interest to ~56%.
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