Union Jack directors stand firm on Reabold takeover two days from deadline
The new board of Union Jack Oil has repeated its recommendation to shareholders to reject the takeover bid by Reabold Resources.
The new board of Union Jack Oil has repeated its recommendation to shareholders to reject the takeover bid by Reabold Resources.
The fracking company Cuadrilla has secured the very time extension to restore its Lancashire shale gas site that councillors refused nine months ago.
Production at the UK’s newest onshore oil site has dropped 15%, accounts from one of the partners have revealed.
The formal refusal of planning permission for drilling and lower-volume fracking at Burniston in North Yorkshire was confirmed this afternoon.
Cuadrilla’s fracked shale gas wells in Lancashire should be decommissioned in six months. But the company’s deadline depends on the availability of a rig.
The Oil & Gas Authority (OGA) has confirmed that it has extended Angus Energy’s licence at Brockham in Surrey until spring next year.