Takeover bid for Union Jack Oil
Reabold Resources has offered to buy Union Jack Oil, both companies confirmed this morning.
Union Jack takes £1m loan from Egdon
The company with the biggest stake in the Wressle oil field has agreed a £1m loan from the site operator, Egdon Resources.
Europa shareholders back fundraising
Investors in Europa Oil & Gas, the company behind plans for gas drilling and lower-volume fracking at Burniston, have approved resolutions to issue more shares and warrants. Announcement
Company profile: Europa Oil & Gas Limited
Europa Oil & Gas Limited has been making headlines since it announced controversial plans a year ago for gas drilling and lower-volume fracking in the North Yorkshire village of Burniston, near Scarborough.
UKOG interim accounts delayed
UK Oil & Gas has delayed publication of its interim accounts.
Angus Energy chief resigns
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.
Angus works with lender on takeover
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
Star Energy increases stake in geothermal group
Star Energy announced this morning it had acquired a further 20% of the geothermal company, A14 Energy Limited.
Reabold Resources ups stake in Rathlin Energy
Reabold Resources has acquired a further 20.4% of shares in Rathlin Energy, the operator of two exploration sites in East Yorkshire.
West Newton to miss drilling deadlines
Rathlin Energy will fail to meet its obligations to drill a production well at West Newton in East Yorkshire because it can’t find the money, it was revealed today.
DRILL OR DROP? 