LONDON: United Oil & Gas Plc (AIM: UOG) on Monday reported unaudited results for the six months ending June 30, 2025, highlighting significant progress on its high-impact Walton Morant exploration licence offshore Jamaica. CEO Brian Larkin said the company had “strengthened the foundations for value creation” at Walton Morant, citing a two-year licence extension to…
LONDON, UK: United Oil & Gas PLC (AIM: UOG) announced the termination of the Asset Purchase Agreement (APA) with Quattro Energy Limited (Quattro) for the sale of the UK Central North Sea Licence P2519, which contains the Maria discovery in Block 15/18. The long stop date for the satisfaction of the APA conditions was extended…
LONDON, UK: United Oil & Gas Plc, (UOG) the growing oil and gas company, announced the signing of non-binding Heads of Terms on an agreement to sell UK Central North Sea Licences P2480 and P2519 to Quattro Energy Limited for a headline consideration of up to £3.2 million, a news release said. United Oil &…
LONDON: United Oil & Gas Plc announced the completion of the ASH gas pipeline in the Abu Sennan Licence, Egypt. United Oil & Gas is listed on the AIM market of the London Stock Exchange. United hold a 22% working interest in the Licence, which is operated by Kuwait Energy Egypt. The ASH gas pipeline,…
LONDON: United Oil & Gas Plc, the AIM traded oil and gas exploration and development company, is pleased to announce the proposed acquisition of Rockhopper Egypt Pty Ltd from Rockhopper Exploration Plc, for a headline consideration of US$16 million. The purchase includes a non-operated 22% interest in the Abu Sennan concession onshore Egypt, and the…