Union Jack Oil Cancels General Meeting
The onshore oil and gas company has cancelled a planned General Meeting after receiving insufficient shareholder votes in favor of the resolution.
The onshore oil and gas company has cancelled a planned General Meeting after receiving insufficient shareholder votes in favor of the resolution.
The oil and gas company is holding a general meeting to seek shareholder approval for the issue of fundraise and bonus warrants.
The oil and gas producer reported a significant drop in revenue and swung to a loss in the first half of 2025, impacted by lower production, oil prices, and currency headwinds. Despite ongoing projects, financial performance remains challenging.
The oil and gas company provides an update on its Sark well project in Central Oklahoma, where it holds a 60% interest. The well has shown hydrocarbon-bearing potential, and the company is now conducting a 30-day test program.
The onshore oil and gas company has withdrawn a resolution that was to be put to shareholders at a general meeting.
The onshore oil and gas company has spudded the Sark well in Central Oklahoma, USA.
The non-executive director of the oil and gas company has purchased additional shares, increasing their stake.
The oil and gas company plans to use gas from its West Newton project to power an on-site cryptocurrency mining operation, aiming to generate early cash flow ahead of full field development.
The onshore oil and gas company is holding a general meeting to authorize the issuance of warrants related to a recent fundraising.
The oil and gas company has announced that one of its non-executive directors has purchased additional shares in the business.