Takeover bid for Union Jack Oil
Reabold Resources has offered to buy Union Jack Oil, both companies confirmed this morning.
Union Jack takes £1m loan from Egdon
The company with the biggest stake in the Wressle oil field has agreed a £1m loan from the site operator, Egdon Resources.
Star Energy update: revenue and production fall in 2025 plus share placing
Star Energy oil revenues fell more than 20% in 2025, compared with the year before, according to annual accounts. The company also announced a share placing aimed at raising £8.4m.
Star Energy reports below expectation production and delays at Singleton gas-to-grid
The UK’s second biggest onshore oil operator saw production volumes drop nearly 6% below predictions in 2025. In a trading update, Star Energy said net production averaged 1,886 barrels of oil equivalent per day (boe/d), compared with the 2,000 boe/d expected for the year. The company’s chief executive, […]
Rathlin gets more time to raise cash for West Newton drilling – annual accounts
The cash-strapped oil and gas company, Rathlin Energy, has won more time to secure funds to meet its drilling commitments.
Angus update on lender talks and production
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
Angus works with lender on takeover
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
Cuadrilla owner refinances debt
Cuadrilla’s Australian owner has refinanced its debt, it announced this morning.
Horse Hill partner slashes value of investment
Alba Mineral Resources has cut by 94% the value of its stake in Horse Hill – the Surrey oil site at the centre of last year’s landmark Supreme Court judgement.
€25m loan for Star Energy
The UK onshore oil and gas company, Star Energy, has announced a new €25m loan.
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