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.
Opposition investors seek removal of Union Jack directors
Shareholders opposed to the takeover of Union Jack Oil are seeking a general meeting to remove three directors from the board.
Reabold takeover of Union Jack agreed
Reabold Resources announced this afternoon it had reached agreement on the takeover of Union Jack Oil.
Union Jack warning on UK onshore oil and gas assets
An investor in the Wressle and West Newton fields warned today that government policy has made its UK business “increasingly difficult to progress”.
Breaking: Oil companies drop Biscathorpe appeal
Partners seeking to produce oil in the protected Lincolnshire Wolds have abandoned their challenge to the refusal of planning permission, a formal statement announced this morning.
Go-ahead for Wressle expansion – two new wells and small-scale fracks
Planners at North Lincolnshire Council have granted planning permission for more drilling and small-scale fracking in an expansion of the Wressle oil site near Scunthorpe.
Carbon footprint of West Newton gas “significantly lower” than UK average – report
Potential gas production from two sites in East Yorkshire would have a significantly lower carbon footprint than the UK average, according to new estimates.
Union Jack heads for Texas
Union Jack Oil, the majority investor in the Wressle onshore site in North Lincolnshire, has announced its first move into the US.
Wressle reserves upgraded
A report on the Wressle oil field in North Lincolnshire has upgraded reserves.
Shock and anger at Biscathorpe oil production decision
Campaigners and councillors have said they are shocked that a government-appointed inspector has overturned the refusal of planning permission for long-term oil production in the Lincolnshire Wolds area of outstanding natural beauty (AONB).
DRILL OR DROP? 