From Rns 31 October5 Nov 2024 07:10
Lots of positive news to come very soon,
Brian Larkin, United Chief Executive Officer commented:
"We are pleased to have reached an agreement with Kuwait Energy and Global Connect, allowing us to withdraw from the Abu Senna concession. Our continued discussions with EGPC regarding to the outstanding receivables are also encouraging, and we expect resolution shortly. We wish our former Join Venture partners all the best in their future endeavours.
"We can now focus our efforts on growth opportunities, particularly in Jamaica. Our Farmout discussions are progressing well, and our team is making excellent headway with selected parties. We look forward to providing further updates to shareholders shortly."