Reabold takeover fails
Reabold Resources has announced its takeover offer for Union Jack Oil has lapsed.
Reabold Resources has announced its takeover offer for Union Jack Oil has lapsed.
An environmental campaigner has applied to the High Court for an interim injunction to halt lower-volume fracking at the West Newton-A site in East Yorkshire.
Reabold Resources has hit back at doubts over plans to frack at West Newton in East Yorkshire made by the partner it is seeking to acquire.
Companies behind plans in East Yorkshire for a £2.5m lower-volume frack, well test and data centre study have given notice of preparation work.
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.
All three Union Jack Oil directors, David Bramhill, Joseph O’Farrell and Zac Phillips, have been removed immediately from the board, the company announced today (24 August 2026).
On the first full day of the Burnham government, campaigners have warned that people in 79 English constituencies could face a form of fracking unless a legal loophole is closed.
Reabold Resources announced this afternoon it had reached agreement on the takeover of Union Jack Oil.
Legal papers have been submitted to the High Court in a legal challenge against plans for lower-volume fracking at an oil and gas site in East Yorkshire.