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Share Price: 23.25

Bid: 23.00

Ask: 23.50

Change: 0.00 (0.00%)

Spread: 0.50 (2.174%)

Open: 23.25

High: 23.25

Low: 23.25

Prev. Close: 23.25

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IN BRIEF: Reabold, Union Jack note Rathlin to submit new application

Fri, 26th Nov 2021 13:19

Reabold Resources PLC and Union Jack Oil PLC - Note that Rathlin Energy (UK) Ltd, the operator of PEDL183 and the West Newton Field in Yorkshire, publishes update to residents regarding ongoing plans for the West Newton A and West Newton B sites. Rathlin's update includes that it is working on a revised approach for West Newton A proposed development and intends to submit new application. Rathlin also says it will be applying to council to extend condition requiring operations to be completed by April 2022 at West Newton B.

Reabold holds a 56% economic interest in West Newton via its 59% shareholding in Rathlin, which, in turn, has a 67% stake in PEDL183. In addition, Reabold has a 16.67% direct licence interest in PEDL183. Union Jack holds a 16.67% PEDL183 stake also.

Current Reabold stock price: 0.147 pence, down 8.1% on Friday

Year-to-date change: down 78%

Current Union Jack stock price: 13.00p, down 7.1% on Friday

Year-to-date change: down 59%

By Lucy Heming;Â lucyheming@alliancenews.com

More News

14 Nov 2022 16:56

Union Jack Oil continues to see benefit from Wressle oilfield

(Alliance News) - Union Jack Oil PLC on Monday said its revenue has increased dramatically over the course of the year as it continued to benefit from the recommencement of production at the Wressle oil field.

14 Nov 2022 16:48

Union Jack reaches $11m revenue from Wressle since restart

(Sharecast News) - Union Jack Oil announced on Monday that material landmark net revenues of $11m had been achieved from the Wressle hydrocarbon development, in licences PEDL180 and PEDL182, on the western margin of the Humber Basin in North Lincolnshire.

8 Nov 2022 14:42

TRADING UPDATES: Argentex interim profit grows; Egdon swings to profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

24 Oct 2022 10:45

AIM WINNERS & LOSERS: Union Jack declares payout; Aferian revenue down

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

24 Oct 2022 10:19

Union Jack Oil shares surge on buyback and dividend announcement

(Alliance News) - Union Jack Oil PLC on Monday declared its first special dividend and announced a share buyback programme as its financial position has been "transformed" over the course of the year.

19 Oct 2022 16:41

TRADING UPDATES: Smiths News, Cambridge Cognition win contracts

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

19 Oct 2022 13:06

Europa Oil repays £1m loan from Union Jack

(Sharecast News) - Hydrocarbon explorer and developer Union Jack Oil said on Wednesday that Europa Oil & Gas has repaid the loan facility entered into in September.

4 Oct 2022 13:49

Union Jack reaches 'landmark' $10m revenue from Wressle

(Sharecast News) - Union Jack Oil announced on Tuesday that "material landmark" net revenues of $10m had been achieved from the Wressle hydrocarbon development, within licences PEDL180 and PEDL182 in North Lincolnshire, on the western margin of the Humber Basin.

4 Oct 2022 11:48

Union Jack Oil reaches USD10 million of revenue from Wressle oilfield

(Alliance News) - Union Jack Oil PLC on Tuesday said it had reached USD10 million of revenue from the Wressle oil field.

23 Sep 2022 11:28

Reabold Resources and Union Jack Oil shares fall on West Newton report

(Alliance News) - Shares in Reabold Resources PLC and Union Jack Oil PLC slumped on Friday after an update on the West Newton Field concluded that the formation was "very sensitive to aqueous fluids".

13 Sep 2022 12:25

Union Jack hails Wressle's "upside potential" after reserves report

(Alliance News) - Union Jack Oil PLC on Tuesday took confidence from an independent reserves report for its Wressle oilfield asset.

13 Sep 2022 10:58

AIM WINNERS & LOSERS: Fevertree bubbles; Transense in Meggitt pact

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

9 Sep 2022 11:27

IN BRIEF: Union Jack Oil shares up as loan facility signed with Europa

Union Jack Oil PLC - Bath-based UK-focused oil and gas company - Signs a loan facility with Europa Oil & Gas PLC for GBP1.0 million. Says the loan facility offers an "attractive commercial return to Union Jack on cash funds". Under the pact, the loan has an 18-month term, secured against an unencumbered 10% interest in the Wressle field, located within licences PEDL180 and PEDL182 in North Lincolnshire on the western margin of the Humber Basin. Union Jack holds a 40% interest in the development, whilst joint venture partner Europa holds a 30% stake.

8 Sep 2022 16:57

IGas Energy and Union Jack Oil shares jump on fracking announcement

(Alliance News) - Shares in IGas Energy PLC and Union Jack Oil PLC surged following the government's announcement today on the lifting of the moratorium on hydraulic fracking.

7 Sep 2022 11:21

EARNINGS UPDATES: Maiden Union Jack Oil profit; Kistos revenue jumps

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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