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.
New directors of Union Jack Oil have unanimously rejected the takeover offer by Reabold Resources.
The company behind gas plans in North Yorkshire announced losses of more than £4 million in its annual accounts.
Angus Energy announced today it had signed conditional restructuring agreements with its creditors.
An investor in the Wressle and West Newton fields warned today that government policy has made its UK business “increasingly difficult to progress”.
Revenue and gas production at Angus Energy fell in 2025 compared with the year before.
Cuadrilla has announced two of its subsidiaries are to cease trading.
Europa Oil & Gas Limited has been making headlines since it announced controversial plans a year ago for gas drilling and lower-volume fracking in the North Yorkshire village of Burniston, near Scarborough.
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
There is “material uncertainty” over the finances of companies in the Cuadrilla oil and gas group, annual accounts have revealed.