Podere Maiar flow testing commences

RNS Number : 6655B

United Oil & Gas PLC

12 January 2018

 

                                                                                                                            12 January 2018  

United Oil & Gas Plc

Podere Maiar flow testing commences

United Oil & Gas Plc ("UOG", "United" or the "Company"), the London Stock Exchange listed oil and gas exploration and development company, announces that flow testing has commenced on the Podere Maiar 1 ("PM1") well on the Selva Gas Field in the Podere Gallina licence.

The Company is pleased to announce that it has been informed by the operator that flow testing on the PM1 well in Northern Italy has commenced today, and results will be reported next week.

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	[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]

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 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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