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New Union Jack board rejects Reabold offer

Summary by DRILL OR DROP?
New directors of Union Jack Oil have unanimously rejected the takeover offer by Reabold Resources. Wressle well site in North Lincolnshire, where Union Jack has a majority stake. Photo: Egdon Resources planning statement 2026 In a circular to investors, released on 11 September 2026, the board also recommended Union Jack shareholders reject the offer. The…
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DRILL OR DROP?DRILL OR DROP?

New Union Jack board rejects Reabold offer

New directors of Union Jack Oil have unanimously rejected the takeover offer by Reabold Resources. Wressle well site in North Lincolnshire, where Union Jack has a majority stake. Photo: Egdon Resources planning statement 2026 In a circular to investors, released on 11 September 2026, the board also recommended Union Jack shareholders reject the offer. The…

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DRILL OR DROP? broke the news on Friday, September 11, 2026.
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