10th Dec 2020 14:49
Reabold Resources PLC - London-based investor in upstream oil and gas projects - Announces its West Newton B drilling operations results in Yorkshire have exceeded pre-drill expectations by discovering further significant hydrocarbon. Reabold's B-1Z well found a gross 62 metre hydrocarbon bearing reservoir interval in the primary Kirkham Abbey target formation, with an estimated hydrocarbon column of at least 118 metres.
Reabold said that with the B-1Z sidetrack located approximately 2.5 kilometres south of the West Newton A-1 and A-2 wells, the results indicate "a particularly extensive accumulation with good reservoir continuity." The company's sidetrack drilling operation commenced in November in order to further appraise the Kirkham Abbey formation at a structurally higher location, targeting enhanced reservoir quality with characteristics thought to be similar to that at the West Newton A-2 location.
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By Zoe Wickens; [email protected]
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