If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

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

Share Price Information for United Oil&gas (UOG)

Share Price is delayed by 15 minutes
Get Live Data
0.225    0.00 (0.00%)
Bid:
0.22
Ask:
0.23
Spread: 0.01 (4.545%)
Market Cap: £9.89m
UOG Live PriceLast checked at - London Stock Exchange

Intraday United Oil&gas Share Chart

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
4th Aug 20173:54 pmRNSHolding(s) in Company
2nd Aug 20177:00 amRNSHolding(s) in Company
31st Jul 20177:00 amRNSReadmission to Trading
28th Jul 20171:08 pmRNSChange of Name and Readmission
25th Jul 20175:52 pmRNSProspectus publication, name change, readmission
22nd Jun 20174:47 pmRNSResult of AGM
14th Jun 20177:00 amRNSUpdate on Intended Acquisition
24th May 20177:00 amRNSNotice of AGM
9th May 20177:31 amRNSIntended Acquisition and Suspension of Trading
28th Apr 20177:00 amRNSFinal Results
10th Apr 201711:04 amRNSHolding(s) in Company
21st Nov 20167:31 amRNSTermination of Acquisition, Restoration of Listing
27th Sep 20167:02 amRNSHalf-year Report
27th Sep 20167:00 amRNSAnnual Report and Financial Statements
29th Jul 20164:46 pmRNSResult of General Meeting
7th Jul 20167:00 amRNSNotice of GM
25th May 20162:42 pmRNSHolding(s) in Company
23rd May 20167:45 amRNSPossible Acquisition and Suspension of Trading
31st Mar 20164:29 pmRNSInterim results for period ending 31 December 2015
25th Feb 20166:24 pmRNSDisclosure of Home Member State
22nd Feb 201612:06 pmRNSCorporate Update
10th Nov 20157:00 amRNSAdmission to Trading

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.