- Reabold Resources welcomed news from partner ADX Energy that drilling had commenced on an appraisal well in western Romania.

The Iecea Mica 1 was expected to take 27 days to reach its target depth, and 13 days to reach its first target reservoir.

Reabold was exposed to well via its 37.5% equity interest in Danube Petroleum, which owns half of the Parta exploration licence and 100% of the defined sole risk area, which includes the Iecea Mare production licence.

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