UOG good news and SP up23 Aug 2018 10:03
Award of Two Blocks in the UK North
United Oil & Gas PLC CEO, Brian Larkin, said, "A number of factors including the existing multi-million barrel oil discovery, multiple leads and targets, an excellent location close to substantial oil fields, and the attractive cost profile of exploration and production in the North Sea all culminate to position these licences as compelling investment opportunities
. Confirmation of the award enables us to pursue farm-out discussions with potential partners with whom we can work to take these licences forward."Â
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"Blocks 15/18d and 15/19b are the latest