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RNS Number : 9691E Reabold Resources PLC 05 July 2023
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/
(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/ (https://reabold.com/media/)
For further information, contact:
Reabold Resources plc c/o Camarco
Sachin Oza +44 (0) 20 3757 4980
Stephen Williams
Strand Hanson Limited - Nominated & Financial Adviser +44 (0) 20 7409 3494
James Spinney
James Dance
Rob Patrick
Stifel Nicolaus Europe Limited - Joint Broker +44 (0) 20 7710 7600
Callum Stewart
Simon Mensley
Ashton Clanfield
finnCap Ltd - Joint Broker +44 (0) 20 7220 0500
Christopher Raggett
Barney Hayward
Camarco +44 (0) 20 3757 4980
Billy Clegg
Rebecca Waterworth
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.
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