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.
New directors of Union Jack Oil have unanimously rejected the takeover offer by Reabold Resources.
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).
A major backer of the West Newton oil and gas project in East Yorkshire has fought off another challenge by a group of shareholders.
There was a real risk that Third Energy might not be able to decommission its gas wells in North Yorkshire under new owners, the High Court was told today.