Wick – UK

The Wick Prospect lies in the license P2235 offshore UK in the Inner Moray Firth, 5 kilometres up-dip from the Lybster field.

Wick is an exploration opportunity and is estimated by Corallian Energy, the Operator, to contain gross mean prospective resources of around 26 million barrels of recoverable oil equivalent.

Corallian is expecting drilling of the Wick well to commence in Q4 2018 following receipt of the necessary regulatory approvals and consents.

Reabold has exposure to the high impact Wick exploration well through its 32.9% interest in Corallian Energy, which has a 40% interest in Wick.