Union Jack directors stand firm on Reabold takeover two days from deadline
The new board of Union Jack Oil has repeated its recommendation to shareholders to reject the takeover bid by Reabold Resources.
The new board of Union Jack Oil has repeated its recommendation to shareholders to reject the takeover bid by Reabold Resources.
New directors of Union Jack Oil have unanimously rejected the takeover offer by Reabold Resources.
The company behind gas plans in North Yorkshire announced losses of more than £4 million in its annual accounts.
Angus Energy announced today it had signed conditional restructuring agreements with its creditors.
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest.
An investor in the Wressle and West Newton fields warned today that government policy has made its UK business “increasingly difficult to progress”.
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
Revenue and gas production at Angus Energy fell in 2025 compared with the year before.
Europa Oil & Gas Limited has been making headlines since it announced controversial plans a year ago for gas drilling and lower-volume fracking in the North Yorkshire village of Burniston, near Scarborough.
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.