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Last checked at 
30 Nov 2017 07:00
30 November 2017
United Oil & Gas Plc
("UOG", "United" or the "Company")
Italian Operational Update
United Oil & Gas Plc ("UOG", "United" or the "Company"), the London Stock Exchange listed oil and gas exploration and development company, is pleased to offer the following update on the Podere Gallina Licence.
United is pleased to confirm that the operator, Po Valley Energy, has successfully completed first casing run in hole and cementing of Podere Maiar-1 and drilling is ahead from 500m to target depth of 1,300m.
Target depth is expected to be reached in approximately 6-8 days.
United holds a 20% non operated stake in the Podere Gallina Licence.
ENDS
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@murrayconsultants.ie |
Editor's Note:
About United Oil & Gas
United Oil & Gas plc (UOG) is listed on the main market of the London Stock Exchange. United 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 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% |
Jamaica | Walton-Morant | Tullow Oil plc | 20% |
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