Reabold takeover fails
Reabold Resources has announced its takeover offer for Union Jack Oil has lapsed.
Reabold Resources has announced its takeover offer for Union Jack Oil has lapsed.
Reabold Resources has hit back at doubts over plans to frack at West Newton in East Yorkshire made by the partner it is seeking to acquire.
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.
Two directors of an oil firm have retired after “consultation with shareholders” and the entire board of a second company faces a call for its replacement.
Shareholders in most UK onshore oil and gas companies could be forgiven for looking forward to the end of 2019.