Rockhopper Announcement

RNS Number : 2475I

United Oil & Gas PLC

07 August 2019

 

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	[e-mail]
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish and Felicity Geidt	[phone]
Optiva Securities Limited (Joint Broker)
Christian Dennis	[phone]
Cenkos Securities Plc (Joint Broker)
Joe Nally (Corporate Broking) Derrick Lee and Pete Lynch	[phone] [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 (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

 

END

 

 

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