Beacon Energy plc’s plan to buy a further share in the Colle Santo gas project has halted after the long stop date expired, with seller Reabold Resources plc.
Tag: Reabold Resources plc
Reabold offer for Union Jack lapses with 13.02% support
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.
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.
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
Beacon expects start of Colle Santo production tests
Beacon Energy plc expects production testing to begin on two existing wells within the Colle Santo gas field in Abruzzo, Italy.