28th Aug 2018 13:25
LONDON (Alliance News) - Reabold Resources PLC said Tuesday that the operator of its California investments put four wells into production at Monroe Swell, in which the company has a 50% equity interest.
Reabold said that the operator, Integrity Management Solutions, expects a gross production rate of 70 barrels of oil per day from the wells.
Reabold shares were trading up 2.3% at 0.885 pence each.
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