Reabold seeks to raise £1.1m
The major backer of oil and gas production in East Yorkshire has announced a share placing to raise £1.1m.
The major backer of oil and gas production in East Yorkshire has announced a share placing to raise £1.1m.
Shares in UK Oil & Gas closed down more than 4% on news that the company had raised £2m in a share placing, snapped up by a single investor.
An exploration company has told investors about plans to drill next year at a second site at West Newton in East Yorkshire.