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Exciting RNS, we should head back towards that 5p
https://www.investegate.co.uk/united-oil---gas-plc/rns/united-successful-in-uk-licensing-round-31/201906050700081497B/
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas 31 May 2019 United Oil & Gas PLC ("United" or the "Company") Appointment of Chief Financial Officer United, the AIM-traded oil and gas exploration and development company, is delighted to announce the appointment of David Quirke, ACMA, as Chief Financial Officer and Company Secretary to the Board, effective from June 24th, 2019. David has 17 years of treasury and corporate finance experience in the upstream oil and gas sector. He established and led the Tullow Oil Group Treasury function for a fifteen-year period from 2003 to 2017, supporting a period of transformational growth. He has extensive experience of the key exploration & production ('E&P') debt and equity instruments such as Reserves Based Lending Facilities, Acquisition Facilities, Corporate Bonds, Trade Finance Facilities and Equity Transactions. More recently, David acted as a Treasury and Financial Consultant advising Assala Energy on their corporate finance and treasury following the acquisition of Shell's onshore assets in Gabon. He has also supported a number of small E & P companies in managing their capital structure and developing financial strategies. David is a qualified chartered management accountant. He holds a BA in Law and Accounting from the University of Limerick. United Oil & Gas CEO, Brian Larkin said: "We are delighted to persuade someone of David's calibre and experience to join us for the next phase of our development. We are building a team that will enable United to fulfil the undoubted potential of our asset base and to further grow this Company. David's experience in an international FTSE 100 company and extensive banking relationships will strengthen our ability to develop new funding avenues to fuel our growth. His understanding of the Capital Markets and Corporate Finance, particularly in the E&P sector, will expand our financial options for both acquisition and operations."
Great news today, i believe we will now be sold after results in March, i would imagine we have had a substantial offer, just IMO nothing else
Been here along time so looks like the journey is going to be coming to an exciting end soon
Be sure to see some massive buys after closing Big players will now continue to take positions while PI’s jump out as some don’t fully understand the potential Pleased I held and I will continue to I am looking forward to Thursday