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Pin to quick picksUnited Oil&gas Share News (UOG)

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IN BRIEF: United Oil & Gas considering position on P2366 licence sale

Mon, 04th Oct 2021 20:19

United Oil & Gas PLC - producer and explorer in the Mediterranean, Caribbean and Latin America - Says it is "considering its position" on P2366 licence sale after Hibiscus Petroleum Berhad said the licence terminated last week. However, Hibiscus says it remains committed to working with the UK Oil & Gas Authority to move the North Sea Quad 15 area development forward.

Current stock price: 2.86 pence, up 7.9% on Monday

Year-to-date change: down 5.6%

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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13 Jan 2021 20:25

IN BRIEF: United Oil & Gas Second Half Production Meets Guidance

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5 Jan 2021 21:41

IN BRIEF: United Oil & Gas Reports Spudding Of ASH-3 Well In Egypt

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30 Dec 2020 11:56

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23 Dec 2020 13:44

UK EXECUTIVE CHANGE SUMMARY: United Oil & Gas Hires Former Tullow CFO

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IN BRIEF: United Oil & Gas Notes Completed Walton Morant Report

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IN BRIEF: United Oil & Gas Expects Crown Disposal Payment In 2021

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United Oil confirms Covid delays to Crown discovery payments

(Sharecast News) - United Oil & Gas updated the market on Friday on the milestone payment from Hibiscus Petroleum's indirect wholly-owned subsidiary, Anasuria Hibiscus UK, for the purchase of licence P2366, blocks 15/18d and 15/19b, which include the Crown discovery.

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