Union Jack board resists bid to oust directors
Union Jack, which has interests at Wressle and West Newton, has recommended shareholders vote against a proposal to remove the board.
Union Jack, which has interests at Wressle and West Newton, has recommended shareholders vote against a proposal to remove the board.
Shareholders opposed to the takeover of Union Jack Oil are seeking a general meeting to remove three directors from the board.
IGas announced today it was withdrawing investment from 10 oil and gas licences in the East Midlands, southern England and north east Scotland.
Angus Energy said today it had not been notified formally by Surrey County Council that it had breached planning permission at its oil production site at Brockham near Dorking.