Last checked at 7 Aug 2019 11:00
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas
07 August 2019
United Oil & Gas PLC
Rockhopper Announcement
On 23 July 2019 United Oil & Gas PLC ("United"), the AIM traded oil and gas exploration and development company, announced the proposed acquisition of Rockhopper Egypt Pty Ltd from Rockhopper Exploration Plc. The purchase will include a non-operated 22% interest in the Abu Sennan concession onshore Egypt, and accordingly United note the announcement made by Rockhopper Exploration Plc earlier today with headline "Egypt Update" and with RNS number 1623I available on the following link https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/RKH/14179014.html
Enquiries:
United Oil & Gas Plc (Company) | |
Brian Larkin, CEO | brian.larkin@uogplc.com |
Beaumont Cornish Limited (Nominated Adviser) | |
Roland Cornish and Felicity Geidt | +44 (0) 20 7628 3396 |
Optiva Securities Limited (Joint Broker) | |
Christian Dennis | +44 (0) 20 3137 1902 |
Cenkos Securities Plc (Joint Broker) | |
Joe Nally (Corporate Broking) Derrick Lee and Pete Lynch | +44 (0) 20 7397 8900 +44 (0) 131 220 6939 |
Murray (PR Advisor) | +353 (0) 87 6909735 |
Joe Heron | jheron@murrayconsultants.ie |
| |
St Brides Partners (Financial PR/IR) | |
Frank Buhagiar and Juliet Earl | +44 (0) 207 236 1177 |
Notes to Editors
United Oil & Gas PLC (UOG) is an AIM-traded company. United was established to explore, appraise and develop low risk assets in Europe and to develop higher risk, higher impact exploration projects in the Caribbean, Latin America and Africa.
The following table outlines the Company's licence interests:
Country | Licence | Operator | United Interest |
Italy | Podere Gallina Licence | Po Valley Energy Limited | 20% |
UK | Waddock Cross Field | Egdon Resources UK Limited | 26.25% |
UK | PL090 Exploration | Egdon Resources UK Limited | 18.95% |
UK | P1918 | Corallian Energy Limited | 10% |
UK | PEDL 330 | Corallian Energy Limited | 10% |
UK | PEDL 345 | Corallian Energy Limited | 10% |
UK | P2366 | United Oil & Gas Plc | 95% |
Jamaica | Walton-Morant | Tullow Jamaica Ltd | 20% |
ENDS