Union Jack takeover update
New directors of Union Jack Oil will give their views next week on the proposed takeover by Reabold Resources, according to a statement to investors.
New directors of Union Jack Oil will give their views next week on the proposed takeover by Reabold Resources, according to a statement to investors.
Rathlin Energy, the company planning lower-volume fracking in East Yorkshire, has appointed a new board member from its majority owner.
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.
The founder and director of a company behind new plans to use UK onshore gas for bitcoin mining, has resigned.
A major backer of the West Newton oil and gas project in East Yorkshire has fought off another challenge by a group of shareholders.
Star Energy has appointed an energy executive with a background in renewables to its board.
Two directors of an oil firm have retired after “consultation with shareholders” and the entire board of a second company faces a call for its replacement.
Shareholders in Reabold Resources have voted to maintain the company’s board.
Stephen Bowler, who has been chief executive of IGas for the past seven years, is leaving immediately by mutual consent.