Reabold Resources plc has responded to a recent article published in the Telegraph on 19 April 2026, providing clarifications on its strategy and operations and reaffirming its commitment to advancing the West Newton gas project in Yorkshire.
The company said the onshore resource remains a key asset for UK energy security, particularly amid heightened geopolitical uncertainty, and confirmed it will continue engaging with stakeholders to determine the optimal development pathway.
Reabold also revealed it is evaluating the deployment of a small-scale power generation facility at the West Newton A well. The concept would use initial gas flows from the upcoming workover to power bitcoin mining, demonstrating the potential for gas-to-data infrastructure applications.
If successful, the approach could support the development of a larger-scale data centre at the site, alongside more traditional routes such as gas-to-grid or industrial supply.
The company added that it continues to see significant potential across the wider PEDL 183 licence and aims to develop these resources in a way that benefits all stakeholders.
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Reabold Resources Plc Stephen Williams Sachin Oza |
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