Takeover bid for Union Jack Oil
Reabold Resources has offered to buy Union Jack Oil, both companies confirmed this morning.
Reabold Resources has offered to buy Union Jack Oil, both companies confirmed this morning.
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest.
The company with the biggest stake in the Wressle oil field has agreed a £1m loan from the site operator, Egdon Resources.