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.
Shareholders opposed to the takeover of Union Jack Oil are seeking a general meeting to remove three directors from the board.
A partner in the mothballed Waddock Cross oil site in Dorset gave details to shareholders this week of a proposed new well.
UK Oil & Gas is selling its stake in the troubled Horse Hill production site and licence, the company’s last remaining hydrocarbon interest.
The controversial shale gas site at Preston New Road in Lancashire must be returned to farmland by the end of the year, officials confirmed today (8 June 2026).
The company behind the suspended oil site that is subject of a landmark Supreme Court ruling has reported declining assets and revenue.
The major backer of oil and gas production in East Yorkshire has announced a share placing to raise £1.1m.
A new share placing could raise £1.9m for the West Newton oil and gas project in East Yorkshire, the leading partner has announced.
The operator of the Balcombe oil site in West Sussex has said it will submit a new planning application after permission lapsed last week.
Planning consent at the controversial Balcombe oil site in West Sussex has lapsed, officials confirmed today.