27th May 2022 16:58
Reabold Resources PLC - London-based oil and gas company with projects in the UK, the US and Romania - Pretax loss stays broadly unchanged in 2021, widening to GBP2.68 million from GBP2.67 million. Revenue rises 12% to GBP1.2 million from GBP1.0 million. Production on a working interest basis from the company's California assets was 24,457 barrels of oil, down from 33,890 barrels of oil the previous year. The lower production was primarily due to workover of wells and bringing enhanced storage infrastructure online, the company explains. Realised sales price was USD65.4 per barrels, up from USD38.4 per barrel a year prior. Read More
