Reabold Resources has confirmed the completion of its acquisition of Simwell Resources, a privately held explorer with several southern North Sea licences.
Shareholders in Reabold Resources have put their faith in the North Sea firm’s board to deliver on their promises, snubbing an attempt to replace them.
One of the individuals hoping to takeover control of oil and gas firm Reabold Resources (LON: RBD) say they plan to “stop the knee jerk” decision making.
Watch: Boxing legend Amir Khan urges shareholders to deliver knockout blow to board of North Sea firm
A rebel investor group - that is hoping to oust the board of a North Sea oil and gas company - has secured backing from an unlikely supporter.
Bosses at Reabold Resources (LON: RBD) have pleaded with shareholders to “stick with” them ahead of a crunch vote next week.
Supermajor Shell (LON: SHEL) has formally completed the acquisition of West of Shetland operator Corallian Energy.
Reabold Resources (LON: RBD) has announced plans to farm-in to a Shell North Sea licence near the hotly-tipped Pensacola prospect to be drilled next month.
Bosses at Reabold Resources are fighting their corner ahead of an upcoming showdown with a minor shareholder group aiming to replace them.
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.
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.
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.