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(Sharecast News) - United Oil & Gas announced on Tuesday that, as part of the ongoing optimisation of its portfolio and capital allocation strategy, it has signed a conditional sale and purchase agreement with PXOG Marshall for the sale of all of the share capital of UOG Italia for €2.165m in cash.
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IN BRIEF: United Oil & Gas notes positive testing from Al Jahraa well
Read more(Sharecast News) - United Oil & Gas updated the market on the testing of the Al Jahraa-8 development well on the Abu Sennan concession, onshore Egypt on Monday, where it holds a 22% working interest alongside operator Kuwait Energy Egypt.
Read moreTRADING UPDATES: United Oil & Gas in North Sea sale; Trifast confident
Read more(Sharecast News) - United Oil & Gas 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, it announced on Wednesday, for headline consideration of up to £3.2m.
Read moreTRADING UPDATES: Attraqt and tinyBuild trade in line in first half
Read moreTRADING UPDATES: Sareum raises GBP1 million; Marlowe buys Core Stream
Read moreTRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows
Read more(Sharecast News) - United Oil & Gas updated the market on the Abu Sennan Licence in Egypt on Wednesday, in which it holds a 22% non-operating interest, reporting that the Minister of Petroleum had approved the award of a development lease covering the ASD-1X discovery.
Read moreTRADING UPDATES: Supreme annual revenue jumps; Pelatro in Asia deal
Read moreIN BRIEF: United Oil & Gas lifts guidance, reports 2020 profit
Read moreUK earnings, trading statements calendar - next 7 days
Read moreIN BRIEF: United Oil & Gas reports Abu Sennan reserves boost
Read more(Sharecast News) - United Oil & Gas updated the market on the Abu Sennan concession, onshore Egypt on Wednesday, reporting that an independent reserves and resources report, relevant to the end of 2020, indicated a "material increase" in reserves.
Read moreTRADING UPDATES: Flooring firm Victoria expects record annual results
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