REG - Reabold Resources - Clarification of media article

Reabold ResourcesAnnouncement

20/04/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260420:nRST0910Ba&default-theme=true

RNS Number : 0910B  Reabold Resources PLC  20 April 2026

20 April 2026

Reabold Resources plc

("Reabold" or the "Company")

Clarification of media article

Reabold, the investing company focused on developing strategic gas projects
for European energy security, notes the recent media article in the Telegraph
newspaper on 19(th) April 2026 and issues the following clarifications.

The significant onshore natural gas resource at the West Newton site in
Yorkshire has and will continue to be progressed for the benefit of UK energy
security, which is particularly important at this time of significant
geopolitical uncertainty. In addition, Reabold will continue to engage with
all stakeholders, both locally and nationally, to ensure the optimal
development pathway for West Newton is achieved.

The Company is exploring the potential to deploy a small-scale power
generation facility at the West Newton A well site to mine bitcoin from
initial flows of gas following the upcoming well workover, to demonstrate the
ability to use West Newton gas to fuel datacenter developments that will be
crucial to the future UK economy.

Successful implementation of such a project could allow for the development of
a larger scale data centre at site, which would not preclude the potential for
gas to grid, or gas to industrial consumption development options.

Reabold believes that the natural gas resources at West Newton and further
prospective resources on the PEDL 183 licence can be used for the benefit of
all stakeholders and is committed to facilitating this outcome.

ENDS

For further information, please contact:

 Reabold Resources Plc                                     Via our Investor Hub

 Stephen Williams                                          https://reabold.com/ (https://reabold.com/)

 Sachin Oza
 Cavendish - Nominated & Financial Adviser and Broker      +44 (0) 20 7220 0500

 Neil McDonald

 Pearl Kellie
 Camarco                                                   +44 (0) 20 3757 4980

 Billy Clegg

 Rebecca Waterworth

 Sam Morris

 

Subscribe to our news alert service: https://reabold.com/auth/signup
(https://reabold.com/auth/signup)

 

Notes to Editors

 

Reabold Resources PLC is a UK-based upstream oil and gas investment company
focused on generating returns through investment in low-risk energy projects
with high potential upside. Investment activity is undertaken through
strategic equity stakes in proven undeveloped gas discoveries with significant
resources and near-term production potential, primarily across the UK and
continental Europe. To support its investment strategy, Reabold balances
proceeds from asset sales between shareholder returns and re-investment in new
projects, with a focus on contributing to European energy security while
achieving significant valuation uplift through clear monetisation pathways.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCGZGMDGLVGVZZ



            Copyright 2019 Regulatory News Service, all rights reserved