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.
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).
Europa Oil & Gas, the company behind rejected plans for lower-volume fracking at Burniston in North Yorkshire, is also pursuing developments at three other sites onshore in the UK, it revealed today.
Union Jack announced this morning it was buying a 3% stake in Beacon Energy plc, an onshore oil and gas company with assets in Germany.
The first tanker of oil from the latest operations at the Horse Hill exploration site near Gatwick Airport has been sent to a refinery, UK Oil and Gas announced today.