Confident it will prevail, North Sea oil investor Reabold Resources (LON: RBD) will proceed with a meeting called by minority shareholder Pershing, which seeks to oust the company’s board.
A minor shareholder in North Sea firm Reabold Resources (LON: RBD) is trying to oust the company’s entire board of directors.
It has been revealed that Shell (LON: Shel) is the previously unknown “oil and gas major” behind the purchase of Corallian Energy.
Reabold Resources has announced a conditional offer to acquire Simwell Resources, a privately held explorer with several licences across the southern North Sea.
An unnamed “oil and gas major” has struck a £32 million deal to acquire the controlling stake in West of Shetland operator Corallian Energy.
North Sea companies have hailed the new prime minister’s decision to side with the oil and gas industry.
Reabold Resources (LON: RBD) has confirmed it is still in negotiations with a potential buyer for its major stake in Corallian Energy.
Corallian Energy has submitted an environmental statement for its proposed development of the Victory field, a subsea tieback due to come online in 2024.
London-listed Reabold Resources (LON: RBD) has announced the appointment of a new chief financial officer.
Oil and gas company Reabold Resources has received a conditional, non-binding offer from a “credible party” for its major share in Corallian Energy.
Plans have been submitted to the UK Government to develop the Victory gas discovery in the West of Shetland.
The Victory discovery in the west of Shetland has been given a £47million boost to its value after finding more recoverable gas.
Reabold Resources has announced the completion of an environment baseline survey (EBS) at the Victory project, West of Shetland.
Deltic Energy said the progress made on its portfolio justified the decision to fight off hostile takeover attempts from two other London-listed energy firms last year.
Investors are being increasingly influenced by environmental, social and governance (ESG) themes, but the “hunt for value” still takes centre stage.
London-listed upstream investor Reabold Resources has agreed to loan North Sea oil firm Corallian Energy £1 million, subject to shareholder approvals.
London-listed Reabold Resources said today that new drilling operations “further suggested” the West Newton field in east Yorkshire is the largest UK onshore oil and gas discovery since the 1970s.
Independent Oil and Gas (IOG) said today it won’t be making an official offer to acquire fellow southern-North-Sea-focused firm Deltic Energy.
Upstream investment firm Reabold Resources has hailed a significant boost to its footprint west of Shetland through its stake in Corallian Energy.
Deltic Energy is facing yet another potential acquisition bid, this time from Independent Oil and Gas (IOG).
Reabold Resources has abandoned its takeover bid for Deltic Energy, formerly known as Cluff Natural Resources.
Deltic Energy’s largest shareholder has backed the company’s efforts to stave off a hostile takeover bid from London-listed energy investment firm Reabold Resources.
Energy investment firm Reabold said today it was “disappointed” and “surprised” by takeover target Deltic Energy’s assessment of its portfolio.
Deltic Energy, formerly Cluff Natural Resources, has “unequivocally rejected” a £12.3million bid from Reabold Resources to acquire a controlling stake in the business.
Corallian Energy has added another 10million barrels of oil equivalent to its North Sea portfolio thanks to a new deal.