Rathlin board changes
Rathlin Energy, the company planning lower-volume fracking in East Yorkshire, has appointed a new board member from its majority owner.
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.
Opposition investors seek removal of Union Jack directors
Shareholders opposed to the takeover of Union Jack Oil are seeking a general meeting to remove three directors from the board.
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.
Union Jack warning on UK onshore oil and gas assets
An investor in the Wressle and West Newton fields warned today that government policy has made its UK business “increasingly difficult to progress”.
Profits down at Union Jack
Gross profits at Union Jack Oil fell 40% in 2024, compared with the year before, annual acounts revealed today.
Carbon footprint of West Newton gas “significantly lower” than UK average – report
Potential gas production from two sites in East Yorkshire would have a significantly lower carbon footprint than the UK average, according to new estimates.
Wressle reserves upgraded
A report on the Wressle oil field in North Lincolnshire has upgraded reserves.
Permit change at West Newton-B
Oil-based drilling muds will be allowed on a new well in East Yorkshire, one of the companies involved said this morning.
DRILL OR DROP? 