Reabold Resources plc’s offer for Union Jack Oil plc has lapsed after failing to gain more than 75% of Union Jack’s voting rights.
Tag: oil and gas
Orcadian offshore data centre review for Earlham ends
Orcadian Energy plc has mutually ended its agreement with a US company for an offshore energy-to-compute data platform, using the Earlham and Orwell gas prospects.
Reabold support for Union Jack offer rises to 9.5%
Support for Reabold Resources’ £6.14 million offer for Union Jack Oil has risen to 9.5%, compared with 24.39% opposing the bid.
Europa extends completion date for EG-08 farm-out
Europa Oil & Gas (Holdings) has agreed a third extension to the farm-out for drilling the Barracuda prospect offshore Equatorial Guinea.
Reabold support for Union Jack takeover edges higher
Reabold Resources’ support has edged higher to 6.8% for its £6.14 million takeover of Union Jack Oil, whose new board maintains 24.39% against the offer.
Reabold support increases slightly for £6.14m takeover
Support for Reabold Resources’ £6.14m offer for Union Jack Oil plc has reached 6.2% as Union Jack half-year revenue grows to £1.6m