5 July 2023
Reabold Resources plc
("Reabold" or the "Company")
New Corporate Presentation - Investment in LNEnergy
Reabold Resources plc, the oil & gas investing company with a diversified portfolio of exploration, appraisal and development projects, is pleased to announce a new Corporate Presentation has been published on the Company's website. The new presentation details the Company's recent investment in LNEnergy Limited. Investors can view the new presentation via the following link: https://reabold.com/investors/reports-presentations/
A video interview with co-CEOs Stephen Williams and Sachin Oza discussing the investment in LNEnergy Limited is available on the Company's website at the following link: https://reabold.com/media/
For further information, contact:
Reabold Resources plc Sachin Oza Stephen Williams
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c/o Camarco +44 (0) 20 3757 4980
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Strand Hanson Limited - Nominated & Financial Adviser James Spinney James Dance Rob Patrick
Stifel Nicolaus Europe Limited - Joint Broker Callum Stewart Simon Mensley Ashton Clanfield
finnCap Ltd - Joint Broker Christopher Raggett Barney Hayward
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+44 (0) 20 7409 3494
+44 (0) 20 7710 7600
+44 (0) 20 7220 0500 |
Camarco Billy Clegg Rebecca Waterworth
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+44 (0) 20 3757 4980
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Notes to Editors
Reabold Resources plc has a diversified portfolio of exploration, appraisal and development oil & gas projects. Reabold's strategy is to invest in low-risk, near-term projects which it considers to have significant valuation uplift potential, with a clear monetisation plan, where receipt of such proceeds will be returned to shareholders and re-invested into further growth projects. This strategy is illustrated by the recent sale of the undeveloped Victory gas field to Shell, the proceeds of which are being returned to shareholders and re-invested.