United Oil hires interim CFO but loses Jamaica licence partner
(Alliance News) - United Oil & Gas PLC shares plummeted on Thursday after it said a potential partner pulled out of discussions regarding the Walton Morant licence in Jamaica.
Read moreWed, 14th Apr 2021 14:30
(Alliance News) - United Oil & Gas PLC shares plummeted on Thursday after it said a potential partner pulled out of discussions regarding the Walton Morant licence in Jamaica.
Read more(Alliance News) - The FTSE 100 in London was down at midday on Thursday, despite getting a boost from oil stocks.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
Read moreUnited Oil & Gas PLC - oil and gas company focused on Egypt and Jamaica - Chief Financial Officer Peter Dunne announces intention to step down and leave company to become CFO at Dublin airport owner daa PLC. United expects Dunne to leave during the first quarter of 2024. Search process for new CFO commences with immediate effect; company will name an interim CFO "in due course". Dunne will remain available "over the coming months" to ensure a smooth transition. He was hired as CFO in early May 2022, moving from the same role at West Africa-focused Boru Energy Ltd. Previous roles include finance director at Origin Enterprises PLC. "I have thoroughly enjoyed my time at United working alongside such a strong team...I look forward to seeing continued progress being made in Jamaica and Egypt," Dunne comments.
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more(Sharecast News) - United Oil & Gas announced the termination of its asset purchase agreement with Quattro Energy on Wednesday.
Read more(Alliance News) - United Oil & Gas PLC on Wednesday said it has terminated its asset purchase agreement with Quattro Energy Ltd.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
Read moreUnited Oil & Gas PLC - oil and gas company focused on Egypt, the UK and Jamaica - Extends the long stop date of the asset purchase agreement with Quattro Energy Ltd to October 27. Asset purchase relates to the conditional sale of the UK Central North Sea Licence P2519 which contains the Maria discovery in Block 15/18 to Quattro.
Read more(Alliance News) - United Oil & Gas PLC on Tuesday said profit fell in the first half of 2023 as revenue also fell, while it plans further exploration work in the future.
Read moreUnited Oil & Gas PLC - London-based oil and gas company with projects in Egypt, Italy and the UK - Says that Chief Operating Officer Jonathan Leather has notified the board of his intention to step down from his role, and as an executive director, as of August 31. Notes that while Leather will step back from day-to-day operational activity, given the status of the Jamaica farmout process, he will continue to provide support on a consultancy basis.
Read more(Alliance News) - United Oil & Gas PLC on Tuesday said it extended the long stop date of a planned licence sale.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
Read more(Alliance News) - United Oil & Gas PLC on Tuesday said revenue fell in the first half of the year due to a lower realised oil price per barrel and lower production in Egypt.
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