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
0.21    0.00 (0.00%)
Bid:
0.20
Ask:
0.22
Spread: 0.02 (10.00%)
Market Cap: £9.23m
UOG Live PriceLast checked at - London Stock Exchange

Intraday United Oil&gas Share Chart

Update on Walton-Morant Licence

4 Apr 2018 07:00

RNS Number : 5259J
United Oil & Gas PLC
04 April 2018
 

4th April 2018

 

United Oil & Gas Plc

Update on Walton-Morant Licence

 

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 commencement of seismic acquisition on the Tullow Jamaica Ltd ("Tullow") operated Walton-Morant licence, offshore Jamaica.

Further to the announcement of 2 March 2018, the Company is pleased to report the commencement of seismic acquisition in the Walton Morant licence, offshore Jamaica. "Polarcus Adira", a vessel contracted to acquire 2,250km2 of 3D seismic, arrived in Kingston on Friday 23 March 2018. After a quick turnaround, the vessel departed for deployment on the Sunday 25 March 2018, with data acquisition successfully commencing on 3rd April 2018.

The seismic acquisition is expected to take approximately 8 weeks and is centred on the high-graded Colibri prospect.

 

United Oil & Gas Plc, Brian Larkin

 

"We are very pleased with progress to date on our Jamaica licence and we look forward to seeing the initial results. We will update shareholders on completion of the survey in approximately eight weeks. In addition, we continue to evaluate similar high impact licences in neighbouring regions, which we believe could offer transformational growth opportunity, as we look to develop our business".

 

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:

 

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%
This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLUUSWRWRASRRR
Date   Source Headline
29th Apr 20267:00 amRNSBlocklisting update, PDMR dealings and TVR
9th Apr 202610:32 amRNSReplacement: Holding(s) in Company
8th Apr 20262:50 pmRNSHolding(s) in Company
8th Apr 20267:00 amRNSSGE Survey Analysis Update
2nd Mar 20267:00 amRNSSGE Programme Offshore Jamaica Completed
23rd Feb 20267:00 amRNSJamaica Update: Commencement of Piston Coring
20th Feb 20263:56 pmRNSBlocklisting Application
19th Feb 20267:00 amRNS-R“On the Rocks” podcast – Episode 2
16th Feb 20267:00 amRNSJamaica Update: Completion of Stage 1 MBES Survey
10th Feb 202611:29 amRNSHolding(s) in Company
5th Feb 20261:20 pmRNSHolding(s) in Company
5th Feb 202612:42 pmRNSHolding(s) in Company
4th Feb 202611:31 amRNS-R"On the Rocks" podcast - offshore Jamaica geology
28th Jan 20267:00 amRNSJamaica Update: Commencement of MBES Operations
19th Jan 20267:00 amRNSJamaica Update: Mobilisation of Survey Vessel
15th Jan 20265:05 pmRNSHolding(s) in Company
14th Jan 20267:00 amRNSSurvey Vessel Update - Jamaica Offshore Programme
7th Jan 20264:31 pmRNSHolding(s) in Company
6th Jan 202612:47 pmRNSHolding(s) in Company
5th Jan 20267:00 amRNSHolding(s) in Company
23rd Dec 202512:00 pmRNSExtension of Warrant Expiry Date
23rd Dec 202512:00 pmRNSExtension of Warrant Expiry Date
27th Nov 20256:00 pmRNSHolding(s) in Company
13th Nov 20257:00 amRNSAward of Share Options
12th Nov 20257:00 amRNSUnited signs Vessel Contract for Jamaica Survey
30th Oct 202512:59 pmRNSHolding(s) in Company
27th Oct 202511:47 amRNSResult of General Meeting and TVR
24th Oct 20257:00 amRNSBoard Appointment
14th Oct 20257:00 amRNS-RInvestor presentation via Investor Meet Company
10th Oct 20257:00 amRNS-RPublication of Piston Core Presentation
9th Oct 20257:00 amRNS-RUnited signs Vessel MOU for Jamaica Survey
8th Oct 202512:33 pmRNSPosting of Circular and Notice of GM
7th Oct 20257:00 amRNSConditional Fundraising to Deliver Piston Coring
29th Sep 20257:00 amRNSResults for Half Year ending 30 June 2025
25th Sep 20257:00 amRNSDerisking potential from Geochemical work
19th Sep 20257:00 amRNSIntention to Make Performance Related Option Award
2nd Sep 20257:00 amRNSWalton Morant Licence - Grant of Beach Licence
13th Aug 20257:00 amRNS-RWalton Morant Licence - Technical Planning Update
12th Aug 202511:31 amRNSHolding(s) in Company
25th Jul 20251:46 pmRNSResult of AGM and issue of shares
24th Jul 20257:00 amRNSReceipt of Environmental Permit - Walton Morant
8th Jul 20258:00 amRNSExercise of Warrants
3rd Jul 20257:00 amRNSFundraising to Raise £800,000 and Notice of AGM
30th Jun 20257:00 amRNSNEPA Permit Publication and Warrant Extension
26th Jun 20252:34 pmRNSFinal Results
24th Jun 20254:57 pmRNSHolding(s) in Company
20th Jun 20257:00 amRNS-RUpdated Technical Presentation - Walton-Morant
13th Jun 202510:51 amRNSHolding(s) in Company
13th Jun 202510:19 amRNSExercise of Warrants, Total Voting Rights
5th Jun 20257:00 amRNS-RCEO Interview

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.