Reabold Resources PLC (LON:RBD)

Oil & Gas

Reabold Resources PLC (LON: RBD) is an exploration and production sector investment company. Its policy has been to invest in high calibre opportunities in upstream oil & gas sector to unlock value, which requires its specific involvement. The company despite being a non-operator remains heavily involved in all of its projects. The company follows a strict strategy and ensures that each of the investment made by it has a low drilling risk, near term drilling program and a strong exit strategy, and has lessening cost exposure. The company follows a flexible investment model and is focussed on maintaining a strategy of a low-cost non-operator. Its four distinct project areas are spread across the UK, California and Romania. West Newton and Corallian, Reabold California in the US and Danube Petroleum in Romania.

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