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Share Price: 0.25

Bid: 0.24

Ask: 0.26

Change: 0.01 (4.17%)

Spread: 0.02 (8.333%)

Open: 0.25

High: 0.25

Low: 0.25

Prev. Close: 0.24

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IN BRIEF: Rockhopper Nets GBP3 Million From United Oil Stake Sale

Thu, 27th Aug 2020 17:43

Rockhopper Exploration PLC - oil and gas exploration company with key interests in the North Falkland basin - Divests entire stake in United Oil & Gas PLC for gross proceeds of GBP3 million. Sells 114.5 million shares in United Oil at 2.66 pence per share, a 6.7% discount to Wednesday's closing price of United's shares. To use proceeds to strengthen balance sheet.

Current share price: 6.42 pence

Year-to-date change: down 57%

By Tapan Panchal; tapanpanchal@alliancenews.com

More News

10 Aug 2021 19:24

TRADING UPDATES: Barkby expects revenue growth; Beeks trading in line

10 Aug 2021 11:18

United Oil offloads Italian operations

(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.

2 Aug 2021 18:04

IN BRIEF: United Oil & Gas notes positive testing from Al Jahraa well

2 Aug 2021 10:02

United Oil has expectations exceeded at Abu Sennan well

(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.

28 Jul 2021 18:07

TRADING UPDATES: United Oil & Gas in North Sea sale; Trifast confident

28 Jul 2021 12:36

United Oil agrees sale of Central North Sea assets

(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.

26 Jul 2021 20:23

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

19 Jul 2021 19:13

TRADING UPDATES: Sareum raises GBP1 million; Marlowe buys Core Stream

2 Jun 2021 19:10

TRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows

2 Jun 2021 15:22

United Oil gets approval for lease of Abu Sennan discovery

(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.

4 May 2021 19:13

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United Oil&gas Share News (UOG)

Share Price Information for United Oil&gas (UOG)

IN BRIEF: Rockhopper Nets GBP3 Million From United Oil Stake Sale

TRADING UPDATES: Barkby expects revenue growth; Beeks trading in line

United Oil offloads Italian operations

IN BRIEF: United Oil & Gas notes positive testing from Al Jahraa well

United Oil has expectations exceeded at Abu Sennan well

TRADING UPDATES: United Oil & Gas in North Sea sale; Trifast confident

United Oil agrees sale of Central North Sea assets

TRADING UPDATES: Attraqt and tinyBuild trade in line in first half

TRADING UPDATES: Sareum raises GBP1 million; Marlowe buys Core Stream

TRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows

United Oil gets approval for lease of Abu Sennan discovery

TRADING UPDATES: Supreme annual revenue jumps; Pelatro in Asia deal

IN BRIEF: United Oil & Gas lifts guidance, reports 2020 profit

UK earnings, trading statements calendar - next 7 days

IN BRIEF: United Oil & Gas reports Abu Sennan reserves boost

United Oil reports 'material increase' in Abu Sennan reserves

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United Oil&gas Share News (UOG)

Share Price Information for United Oil&gas (UOG)

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IN BRIEF: Rockhopper Nets GBP3 Million From United Oil Stake Sale

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