---
title: "Reabold Resources (RBD.L) Parta Exploration Farm-in Update"
publisher: "Share Talk"
author: "sharetalk"
published: "2020-09-08T08:35:02+00:00"
modified: "2020-09-08T08:35:02+00:00"
date: 2020-09-08
canonical: "https://www.share-talk.com/reabold-resources-rbd-l-parta-exploration-farm-in-update/"
category: "Energy"
categories: ["Energy"]
tags: ["ADX", "ADX Energy", "Danube Petroleum", "Parta Energy", "RBD", "Reabold Resources"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1"
format: "news"
language: "en-GB"
---

# Reabold Resources (RBD.L) Parta Exploration Farm-in Update

**Published:** September 8, 2020
**Author:** sharetalk
**Categories:** Energy
**Tags:** ADX, ADX Energy, Danube Petroleum, Parta Energy, RBD, Reabold Resources
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1)

---

Reabold, the AIM investing company which focuses on investments in upstream oil and gas projects, announces that ADX Energy Ltd (“ADX”) has received a notice from Parta Energy Pty Ltd (“Parta Energy”).

A wholly-owned subsidiary of ASX listed Tamaska Oil & Gas Limited (“Tamaska”), that the board of Tamaska have decided not to proceed with the farm-in transaction relating to the EX-10 Parta licence in Western Romania pursuant to the terms of the previously announced farm-in agreement between ADX Energy Panonia Srl (“ADX Panonia”), Danube Petroleum Limited (“Danube”) and Parta Energy.

The Farm-in Agreement relates only to the Parta Exploration License, not the sole risk appraisal area which contains both the IMIC-1 discovery and the IMIC-2 target. The Company’s activity in the Iecea Mare sole risk area is ongoing and un-impacted by this development.

Reabold holds a 51% shareholding in Danube.

Further details can be viewed at: [https://adx-energy.com/en/investors/asx-announcements.php.](http://Reabold,%20the%20AIM%20investing%20company%20which%20focuses%20on%20investments%20in%20upstream%20oil%20and%20gas%20projects,%20announces%20that%20ADX%20Energy%20Ltd%20(ADX)%20has%20received%20a%20notice%20from%20Parta%20Energy%20Pty%20Ltd%20(Parta%20Energy),%20a%20wholly%20owned%20subsidiary%20of%20ASX%20listed%20Tamaska%20Oil%20&%20Gas%20Limited%20(Tamaska),%20that%20the%20board%20of%20Tamaska%20have%20decided%20not%20to%20proceed%20with%20the%20farm-in%20transaction%20relating%20to%20%20the%20EX-10%20Parta%20licence%20in%20Western%20Romania%20pursuant%20to%20the%20terms%20of%20the%20previously%20announced%20farm-in%20agreement%20between%20ADX%20Energy%20Panonia%20Srl%20(ADX%20Panonia),%20Danube%20Petroleum%20Limited%20(Danube)%20and%20Parta%20Energy.%20%20%20%20%20The%20Farm-in%20Agreement%20relates%20only%20to%20the%20Parta%20Exploration%20License,%20not%20the%20sole%20risk%20appraisal%20area%20which%20contains%20both%20the%20IMIC-1%20discovery%20and%20the%20IMIC-2%20target.%20The%20Company)

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**Original URL:** https://www.share-talk.com/reabold-resources-rbd-l-parta-exploration-farm-in-update/
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