# INTERVIEW: Why Reabold Resources are excited about West Newton drilling contract

- Link: https://www.directorstalkinterviews.com/why-reabold-resources-are-excited-about-west-newton-drilling-contract/412770561
- Published: 2019-03-26T07:01:09+00:00
- Author: Giles Arbor

**Reabold Resources plc** (LON: RBD) Co CEO Sachin Oza joins DirectorsTalk to discuss
the announcement that Rathlin Energy operator of a UK onshore license has signed
a drilling contract for the West Newton appraisal well. Sachin provides some background
on the investment, explains why he finds it so exciting, talks us through the timeline
and how this fits in with other ongoing projects in the Reabold portfolio.

Reabold Resources plc is an investing company investing in the exploration and production(“
E&P”) sector. The Company’s investing policy is to acquire direct and indirect interests
in exploration and producing projects and assets in the natural resources sector,
and consideration is currently given to investment opportunities anywhere in the
world.

As an investor in upstream oil & gas projects, Reabold aims to create value from
each project by investing in undervalued, low-risk, near-term upstream oil & gas
projects and by identifying a clear exit plan prior to investment.

Reabold’s long term strategy is to re-invest capital made through its investments
into larger projects in order to grow the Company. Reabold aims to gain exposure
to assets with limited downside and high potential upside, capitalising on the value
created between the entry stage and exit point of its projects. The Company invests
in projects that have limited correlation to the oil price.

Reabold has a highly-experienced management team, who possess the necessary background,
knowledge and contacts to carry out the Company’s strategy.

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