Information  X 
Enter a valid email address

Reabold Resources books loss amid well impairment charge

By BFN News | 02:37 PM | Friday 27 September, 2019

Reabold Resources booked a first-half loss, partly owing to the write down of an unsuccessful well. The company is also looking to help develop oil discoveries in the U.K. and California. Pre-tax losses for the six months through June amounted £1.70m, compared to a loss of £0.75m on-year. Revenue was £0.39m, compared to zero revenue on-year, as the company increased production from its Californian assets. At 2:37pm: (LON:RBD) Reabold Resources Plc share price was 0p at 1.2p Story provided by

a d v e r t i s e m e n t