Union Jack board resists bid to oust directors
Union Jack, which has interests at Wressle and West Newton, has recommended shareholders vote against a proposal to remove the board.
Union Jack, which has interests at Wressle and West Newton, has recommended shareholders vote against a proposal to remove the board.
The countdown to restoration of the Preston New Road former fracking site near Blackpool is underway.
The company with the biggest stake in the Wressle oil field has agreed a £1m loan from the site operator, Egdon Resources.
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
A residents’ group in the South Downs is reporting that UK Oil & Gas is pulling out of its exploration site at Markwells Wood.