Union Jack Oil plc has received a non-binding, indicative and undisclosed all-share offer from investor Reabold Resources plc. DEBT Following receipt of the offer by letter on 1 June 2026, Union Jack said it had provided due diligence access to Reabold. “Discussions with Reabold are ongoing and there can be no certainty that any offer will be forthcoming […]
Tag: Colle Santo gas field – Abruzzo – Italy
Reabold completes share consolidation
Reabold Resources plc has completed its share consolidation, of one new ordinary share for every 1,000 existing ordinary shares, following shareholder approval. TVRs The company’s issued share capital as at 10 April 2026 was an estimated 13,614,413,490 ordinary shares. Reabold said it had issued 793 additional existing ordinary shares to its registrar immediately prior to […]
Beacon CEO joins LNEnergy board
Beacon Energy plc chief executive officer Stewart MacDonald is to join the board of LNEnergy, which is advancing the Colle Santo gas field in the Abruzzo region of Italy. WELL TESTS Beacon also announced that LNE IOM Ltd, of which it owns 49%, had acquired additional shares in LNEnergy through the latter’s rights offering to […]
Reabold raises £687,000
Reabold Resources plc has raised £686,800 via a conditional subscription for 686,800,000 new ordinary shares of 0.1 pence each in the company, at 0.1 pence per share. DIRECTORS The company has also proposed a share consolidation, subject to shareholder approval. The subscription adds to the £1.51 million and £1.9m raised during March 2026, and takes […]
Reabold raises £1.51m
Reabold Resources plc has conditionally raised gross £1.51 million through the placing of 1.51 billion new ordinary shares, each at the issue price of 0.1 pence. TVRs The sum raised, added to the March £1.9m strategic investment, takes the total to £3.41m. The fundraise is subject to shareholders’ approval at a general meeting on 24 […]
Beacon makes initial investment in Colle Santo
Beacon Energy plc has completed its initial investment in the Colle Santo gas field in the Abruzzo region, Italy. REABOLD The company now holds an approximate 24% indirect interest in LNEnergy, whose subsidiary owns the field. Subject to receiving a production concession, Beacon will acquire a further 24% indirect interest, for a total 48%, which is […]