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

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Board Appointment

19 Feb 2018 07:00

RNS Number : 2050F
United Oil & Gas PLC
19 February 2018
 

[19] February 2018

 

United Oil & Gas Plc

Board Appointment

 

United Oil & Gas Plc ("UOG", "United" or the "Company"), the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce that Mr. Graham Martin has joined the Board as a Non-Executive Chairman with immediate effect.

 

Mr. Martin is an experienced senior natural resources executive and brings a wealth of international expertise. He is currently a Non-Executive Director at Kenmare Resources plc, one of the leading global producers of titanium minerals and zircon listed in London and Dublin. He has also previously served as an Executive Director, General Counsel and Company Secretary at Tullow Oil plc. From 1997 until 2016, Mr. Martin was centrally involved in the growth of Tullow Oil plc into a FTSE100 business, and in the company's transformative M&A programme. Prior to Tullow Oil plc, Mr. Martin was a partner at the US energy law firm Vinson & Elkins LLP, having started his legal career in Scotland.

 

Commenting on the new appointment, Brian Larkin, Chief Executive Officer, said:

 

"We are delighted to welcome Graham to our Board and to see him assume the role of Chairman. We have, from the outset, stated a clear vision to build an oil and gas company that will successfully operate in exploration, development and production stages. Graham's addition to our Board will further strengthen our strategic and corporate experience and will help us in achieving this goal and in ultimately delivering superior shareholder returns.

 

 

There are no further details in respect of Mr. Alan Graham Martin to be disclosed pursuant to LR 9.6.11, LR 9.6.12 or LR 9.6.13 of the Listing Rules, FCA Handbook

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014

 

For more information please visit the Company's website at www.uogplc.com or contact:

 

United Oil & Gas Plc (Company)

Brian Larkin

brian.larkin@unitedoilandgas.eu

Optiva Securities Limited (Broker)

Christian Dennis

+44 (0) 20 3137 1902

Beaumont Cornish Limited (Financial Adviser)

Roland Cornish and Felicity Geidt

+44 (0) 20 7628 3396

Murray (PR Advisor)

 +353 (0) 87 6909735

Joe Heron

jheron@murrayconsultanta.ie

 

Editor's Note:

 

United Oil & Gas plc (UOG) is listed on the main market of the London Stock Exchange. UOG was established to explore, appraise and develop low risk assets in Europe and North Africa and to develop higher risk, higher impact exploration projects in Latin America and Africa.

 

The following table outlines the Company's current licences:

 

Country

Licence

Operator

United Holding

Italy

Podere Gallina Licence

Po Valley Energy

20%

United Kingdom

Waddock Cross Field

Egdon Oil Plc

26.25%

United Kingdom

PL090 Exploration

Egdon Oil Plc

18.95%

United Kingdom

P1918*

Corallian

10%**

United Kingdom

PEDL 330

Corallian

10%**

United Kingdom

PEDL 345

Corallian

10%**

Jamaica

Walton-Morant

Tullow Oil plc

20%

*Offshore ** Option to acquire a further 10%

 

In addition, UOG has an option agreement to farm into offshore Block 49/29c UK Licence P2264 which contains the Acle prospect. On exercise of this option agreement UOG will acquire a 24% interest in the licence.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOAMMGMZMRDGRZZ
Date   Source Headline
7th Jan 20202:45 pmRNSItalian Licencing Update
3rd Jan 20209:30 amRNSSchedule One Update - United Oil & Gas Plc
23rd Dec 201911:17 amRNSResult of General Meeting
20th Dec 20191:15 pmRNSEgypt Update in response to media reports
18th Dec 20197:11 amRNSRockhopper Announcement
12th Dec 201911:00 amRNSCompletion of Sale of North Sea Blocks
9th Dec 20198:00 amRNSSchedule 1 - United Oil & Gas Plc
9th Dec 20197:30 amRNSRestoration - United Oil and Gas Plc
9th Dec 20197:00 amRNSRockhopper Acquisition & Conditional Fundraise
1st Nov 20197:00 amRNSUpdate on 31st Licensing Round
7th Oct 201910:00 amRNSUpdate on UK and Egyptian asset transactions
26th Sep 20197:00 amRNSInterim Results Announcement
9th Sep 20197:00 amRNSConfirmation Award of Four Blocks - UK North Sea
7th Aug 201911:00 amRNSRockhopper Announcement
23rd Jul 20197:30 amRNSSuspension - United Oil & Gas Plc
23rd Jul 20197:03 amRNSDetails of Investor Call
23rd Jul 20197:02 amRNSAppointment of Joint Broker
23rd Jul 20197:01 amRNSSuspension of Trading & Conditional Acquisition
23rd Jul 20197:00 amRNSConditional Acquisition - Rockhopper Egypt Pty Ltd
17th Jul 201911:20 amRNSUnited proposed sale of Crown Discovery
24th Jun 20192:15 pmRNSResult of AGM
5th Jun 20197:00 amRNSUnited Successful in UK Licensing Round 31
31st May 20197:00 amRNSAppointment of Chief Financial Officer
30th May 20197:00 amRNSFinal Audited Results and Notice of AGM
26th Apr 20197:00 amRNSSignificant Upgrade to Italian Resources
15th Mar 20197:00 amRNSShareholder Conference Call
11th Mar 20197:00 amRNSExpands Portfolio With Benin Farm In
8th Mar 20197:00 amRNSCompletion of Colter Appraisal Campaign
1st Mar 20197:00 amRNSAdmission to Trading on AIM
26th Feb 20197:00 amRNSUpdate on Proposed Admission to AIM
25th Feb 20197:00 amRNSColter Appraisal Well Results
21st Feb 20197:00 amRNSCPR upgrades Jamaica prospect to 229million bbls
20th Feb 20193:30 pmRNSSchedule One update - United Oil & Gas plc
7th Feb 20197:00 amRNSCPR for Selva Gas Field, Onshore Italy
6th Feb 201911:00 amRNSSpud of Colter Appraisal Well
1st Feb 20197:00 amRNSCPRs for Crown Discovery and Waddock Cross Field
31st Jan 201911:30 amRNSProposed Admission to AIM
31st Jan 201911:30 amRNSSchedule One - United Oil & Gas plc
15th Jan 20197:00 amRNSProduction concession awarded for Podere Gallina
19th Dec 201811:00 amRNSUpdate
18th Dec 20187:00 amRNSShareholder Conference Call
28th Nov 20187:00 amRNSInvestor Evening
13th Nov 20187:00 amRNSColter Appraisal Well Update
23rd Oct 20187:00 amRNSHolding(s) in Company
18th Oct 20187:00 amRNSOil Capital Conference Presentation
8th Oct 20183:15 pmRNSResult of General Meeting and Total Voting Rights
28th Sep 20187:00 amRNSUpdate on Colter Appraisal Well
19th Sep 20187:00 amRNSPosting of Circular and Notice of General Meeting
18th Sep 20187:00 amRNSInterim Results
18th Sep 20187:00 amRNSOversubscribed Placing to Raise £3 million

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