New Corporate Presentation

RNS Number : 3674W

United Oil & Gas PLC

01 August 2018

 

United Oil & Gas Plc / Index: LSE / Epic: UOG / Sector: Oil & Gas

1 August 2018

United Oil & Gas Plc ('United' or 'the Company') 

New Corporate Presentation

United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce that the new corporate presentation, delivered at its investor evening on 25 July, is now available to view on United's website https://bit.ly/2OuToYM.

**ENDS**

For more information please visit the Company's website at www.uogplc.com or contact: 

United Oil & Gas Plc (Company)
Brian Larkin	[e-mail]
Optiva Securities Limited (Broker)
Christian Dennis	[phone]
Beaumont Cornish Limited (Financial Adviser)
Roland Cornish and Felicity Geidt	[phone]
Murray (PR Advisor)	[phone]
Joe Heron	[e-mail]
St Brides Partners (Financial PR/IR)
Frank Buhagiar and Juliet Earl	[phone]

Notes to Editors

United Oil & Gas Plc is an independent oil & gas company focused on exposing shareholders to multiple re-rating opportunities via the acquisition and development of assets with a clear line of sight to near-term value unlocking activity.  Established in 2015 by an entrepreneurial management team which had worked together at leading independent Tullow Oil, significant progress has been made since listing.  Leveraging the team's strong technical discipline and established links to the industry, a portfolio of low-risk European development, appraisal and exploration assets has been put in place which underpins a parallel high-impact growth strategy in the Caribbean, South America and Africa. The goal is to create a decent-sized oil company, with cash-flow from European portfolio production to cover G&A and provide free cash-flow to expose shareholders to potentially transformational opportunities.

The following table outlines the Company's licences:

Country	Licence	Operator	United Interest
Italy	Podere Gallina Licence	Po Valley Energy Limited	20.00%
United Kingdom	Waddock Cross Field	Egdon Resources UK Limited	26.25%
United Kingdom	PL090 Exploration	Egdon Resources UK Limited	18.95%
United Kingdom	P1918	Corallian Energy Limited	10.00%
United Kingdom	PEDL 330	Corallian Energy Limited	10.00%
United Kingdom	PEDL 345	Corallian Energy Limited	10.00%
Jamaica	Walton-Morant	Tullow Jamaica Ltd	20.00%

 

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