Reabold Resources says drilling has started on Colter well offshore UK

Reabold Resources said drilling had commenced at the Colter well off England's southern coast.

Drilling was expected to take around three weeks to reach a planned total depth of 1,830 metres.

'Colter is a high value opportunity which, if successful, could create considerable value for Reabold and its shareholders,' chief executive Sachin Oza said.

At 2:07pm: (LON:RBD) Reabold Resources Plc share price was 0p at 0.78p