Union Jack buys into German oil and gas
Union Jack announced this morning it was buying a 3% stake in Beacon Energy plc, an onshore oil and gas company with assets in Germany.
Profits down at Star Energy and Union Jack
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
Wressle oil delivers first Union Jack annual profit
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
West Newton drilling set for autumn 2023
A horizontal gas well at an East Yorkshire site is due to be drilled this autumn, the operator said today.
Boxer backs board change at West Newton drilling company
A former champion boxer has backed a group seeking to take control of the company that owns more than half of Rathlin Energy’s onshore oil and gas operations.
Updated: Rathlin Energy reveals plans for 15 wells at West Newton
15 wells would be drilled in a decade in a rural part of East Yorkshire, according to a plan by Rathlin Energy for its West Newton gasfield in East Yorkshire.
Shares fall on West Newton gas production update
Any commercial gas production at West Newton in East Yorkshire is about four years away, companies behind the plans revealed this morning.
Union Jack lends £1m to Europa Oil & Gas
One of the investors in the Wressle oil field in North Lincolnshire is lending £1m to another.
Union Jack reveals drilling plans and maiden profit
Union Jack Oil has revealed plans for two new wells next year, as it reported its first profit.
Graham Stuart becomes climate minister
Graham Stuart, the MP representing the area of East Yorkshire around Rathlin Energy’s West Newton oil site, is the new climate minister.
DRILL OR DROP? 