Business
Response to Governmental Energy Plan
Response to Governmental Energy Plan.
About this update from Reabold Resources Plc
[{"type":"text","content":"\n \n \n 9 September 2022\n \n \n \n \n \n \n Reabold Resources plc\n \n \n \n \n \n \n \n \n (\"Reabold\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n \n \n \n \n Response to Governmental Energy Plan\n \n \n \n \n \n \n \n \n Reabold,\n the AIM quoted investing company which focuses on investments in upstream oil and gas projects, notes the announcement by the UK Government of the cancellation of the moratorium on hydraulic fracturing onshore in the UK.\n \n \n \n \n \n Reabold welcomes this change in policy and notes that it could have a materially beneficial effect on the Company's UK onshore business, including the potential to exploit additional resources within its existing licence interests and other potential opportunities.\n \n \n \n \n \n The Company awaits further details following the announcement and will provide updates to the market as appropriate.\n \n \n \n \n \n \n Regulatory Information\n \n \n \n \n \n \n This announcement contains inside information for the purposes of the UK version of the market abuse regulation (EU No. 596/2014) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.\n \n \n \n \n \n \n \n \n \n \n \n For further information, contact:\n \n \n \n \n \n \n \n \n \n \n \n \n \n Reabold Resources plc\n \n \n \n Sachin Oza\n \n \n Stephen Williams\n \n \n \n \n \n \n \n \n \n c/o Camarco\n \n \n +44 (0) 20 3757 4980\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Strand Hanson Limited - Nominated & Financial Adviser\n \n \n \n James Spinney\n \n \n Rory Murphy\n \n \n James Dance\n \n \n \n \n \n \n Stifel Nicolaus Europe Limited - Joint Broker\n \n \n \n Callum Stewart\n \n \n Simon Mensley\n \n \n Ashton Clanfield\n \n \n \n \n \n \n Panmure Gordon - Joint Broker\n \n \n \n Hugh Rich\n \n \n Nick Lovering\n \n \n \n \n \n \n \n +44 (0) 20 7409 3494\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n +44 (0) 20 7710 7600\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n +44 (0) 207 886 2733\n \n \n \n \n \n \n \n Camarco\n \n \n \n James Crothers\n \n \n Billy Clegg\n \n \n Rebecca Waterworth\n \n \n \n \n +44 (0) 20 3757 4980\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n &nb...