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.
Egdon losses rise – annual accounts
The company behind gas plans in North Yorkshire announced losses of more than £4 million in its annual accounts.
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.
Updated: Shareholders challenge oil directors
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.
Wressle oil earns Europa £5.3m – annual accounts
The Wressle oil field in North Lincolnshire earned Europa Oil & Gas £5.3m in the past year, the company reported this week.
Revenue quadruples at Europa Oil & Gas
The Wressle production site in Lincolnshire has helped Europa Oil & Gas quadruple its annual revenues.
Boxer backs board change at West Newton drilling company
A former champion boxer has backed a group seeking to take control of the company that owns more than half of Rathlin Energy’s onshore oil and gas operations.
Onshore shale gas company closing
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
UKOG issues 637m new shares to fund cuts in the cost of oil production
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
£10m loss for Ineos shale gas company in 2017
The UK’s biggest shale gas licence-holder declared a loss of more than £10m for 2017.
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