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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
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13th Aug 20187:00 amRNSDelivery of 3D seismic for Jamaica licence
2nd Aug 20187:00 amRNSIssue of Share Options
1st Aug 201811:00 amRNSNew Corporate Presentation
25th Jul 20187:00 amRNSUpdate on Colter Appraisal Well in Wessex Basin
19th Jul 20187:00 amRNSInvestor Presentation Evening
25th Jun 20184:26 pmRNSResult of AGM
25th Jun 20187:00 amRNSAGM Statement
4th Jun 20187:00 amRNSColter Appraisal Well Option Update
30th May 20184:43 pmRNSNotice of AGM
29th May 20187:00 amRNSOperational Update: Progress at Podere Gallina
24th May 20189:00 amRNSHolding(s) in Company
24th May 20187:00 amRNSProvisional Award of UK Blocks, Includes Discovery
15th May 201811:43 amRNSHolding(s) in Company
15th May 20187:00 amRNSLetter of Intent Signed for Colter Drill
14th May 20187:00 amRNSCompletion of Jamaican 3D Seismic Survey
10th May 20182:22 pmRNSResult of General Meeting
2nd May 20185:07 pmRNSCorallian farmout agreement - extension of option
30th Apr 20186:12 pmRNSAnnual Financial Report
30th Apr 20183:00 pmRNSPublication of Prospectus
23rd Apr 20184:54 pmRNSPosting of Circular and Notice of General Meeting
20th Apr 20187:00 amRNS£2.5 million funding
13th Apr 20187:00 amRNSHolding(s) in Company
4th Apr 20187:00 amRNSUpdate on Walton-Morant Licence
3rd Apr 20187:00 amRNSUpdate on Corallian Farmout Agreement
2nd Mar 201810:00 amRNSExercise of Warrants and Total Voting Rights
2nd Mar 20187:00 amRNSUpdate on Walton-Morant Licence
19th Feb 20187:00 amRNSBoard Appointment
2nd Feb 201810:00 amRNSHolding(s) in Company
29th Jan 201812:00 pmRNSHolding(s) in Company
24th Jan 20187:00 amRNSOption Agreement to Farm into Licence P2264
19th Jan 20187:00 amRNSUpdate on Podere Maiar
16th Jan 20187:00 amRNSCorallian farmout agreement
12th Jan 20187:00 amRNSPodere Maiar flow testing commences
11th Jan 20189:30 amRNSHolding(s) in Company
2nd Jan 20185:49 pmRNSTotal Voting Rights
28th Dec 201711:00 amRNSNotification of major interest in shares
20th Dec 20177:05 amRNSPlacing to raise £1.25 million
20th Dec 20177:00 amRNSPodere Maiar Update
6th Dec 20177:00 amRNSPodere Maiar drilling results
4th Dec 20174:00 pmRNSHolding(s) in Company
30th Nov 20177:00 amRNSItalian Operational Update
27th Nov 20177:00 amRNSLatin America Farm-In Agreement
21st Nov 20179:03 amRNSSpudding commences on Italian licence
24th Oct 20177:00 amRNSItalian Operational Update
25th Sep 201711:00 amRNSHolding(s) in Company
20th Sep 20177:00 amRNSHalf-year Report
19th Sep 20177:00 amRNSCorporate Presentation
4th Sep 20177:00 amRNSOperational Update
22nd Aug 20173:09 pmRNSHolding(s) in Company

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