Rathlin board changes
Rathlin Energy, the company planning lower-volume fracking in East Yorkshire, has appointed a new board member from its majority owner.
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).
Union Jack, which has interests at Wressle and West Newton, has recommended shareholders vote against a proposal to remove the board.
Shareholders opposed to the takeover of Union Jack Oil are seeking a general meeting to remove three directors from the board.
Reabold Resources announced this afternoon it had reached agreement on the takeover of Union Jack Oil.
Reabold Resources has offered to buy Union Jack Oil, both companies confirmed this morning.
DrillOrDrop’s round-up of announcements from three companies with UK onshore oil and gas interests: investor raises stake, director resigns and refinancing continues.
The major backer of oil and gas production in East Yorkshire has announced a share placing to raise £1.1m.
A new share placing could raise £1.9m for the West Newton oil and gas project in East Yorkshire, the leading partner has announced.
An oil and gas site in East Yorkshire has got a go-ahead for reservoir stimulation, the site operator announced this morning.