Tag: Wressle oil field – Lincolnshire

Finance News Oil & Gas

Reabold progresses £6.14m bid for Union Jack

Reabold Resources plc has progressed its takeover of Union Jack Oil plc by receiving initial shareholder acceptances of its £6.14 million offer. As at 19 August 2026 the investment company had counted acceptances for 3,437,504 Union Jack shares, representing approximately 2.35% of its issued share capital. These comprise 305,650 shares (0.2%) and a further 3,132,144 […]

Finance News Oil & Gas

Europa blocklists 96m shares

Europa Oil & Gas (Holdings) plc has applied to block list 96,249,532 ordinary shares of one pence each, in the event of exercises of issued warrants outstanding. CAPITAL The block listing is expected to become effective on 16 July 2026. As of 9 July 2026, the company’s total issued share capital comprised 1,316,139,215 ordinary shares. […]

Finance News Oil & Gas

Reabold to buy Union Jack for £6.14m

Reabold Resources plc has agreed a £6.14 million takeover of Union Jack Oil plc, which was at risk of losing its main assets. COMPELLING Under the agreement, each Union Jack shareholder will receive 0.051 new Reabold share in exchange for every one Union Jack share. Investment company Reabold said that, following completion, the enlarged group […]

Company Moves News Oil & Gas

Union Jack director leaves

Union Jack Oil plc non-executive director John Americanos has left the company, “by a resolution of the board with immediate effect,” after just six months in the post. OFFER His vacated office was announced in a single-sentence statement on 26 June 2026. Mr Americanos, who is a Chartered Certified Accountant, took up the post of […]