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Unit Oil&Gas Ord GBP0.01 (UOG)

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12-Apr-2021 07:51 AM

United Oil & Gas boost quarterly production to slightly above guidance rate

Oil company United Oil & Gas reported a rise quarterly production, underpinned by recently acquired assets in Egypt. Output for the three months through March had risen to 2,520 barrels of oil equivalent per day, up 12% compared to the fourth quarter of
01-Feb-2021 07:34 AM

United Oil and Gas to book annual revenue of at least $9m

Oil company United Oil and Gas said it expected to notch annual revenue of at least $9.0 million, having recently acquired operational assets in Egypt. Revenue for the year through December was expected at between $9.0 million and $9.2 million, on produc
29-Sep-2020 01:18 PM

United Oil & Gas swings to profit after booking revenue from Egypt

Oil company United Oil & Gas swung to a first-half profit after is started generating production revenue for the first time following its acquisition of operational assets in Egypt. Pre-tax profit for the six months through June amounted to $1.77 million
24-Jun-2020 02:27 PM

United Oil & Gas output up at Abu Sennan asset in Egypt

Oil company United Oil & Gas said production from its Abu Sennan asset in Egypt was exceeding its initial expectations. Production in the first half of June averaged 13,900 barrels of oil equivalent per day, of which 3,060 barrels applied to United Oil &
29-May-2020 09:05 AM

United Oil & Gas posts annual loss as expenses weigh

Oil company United Oil & Gas posted a full-year loss after a gain on an asset sale was offset by writedowns and acquisitions costs. Pre-tax losses for the year through December amounted to $1.95m, compared to losses of $1.08m on-year. The company had ac
29-May-2018 09:41 AM

United Oil & Gas confirms progress at Italian natural gas development

United Oil & Gas said the operator of an Italian natural gas concession, of which it holds a 20% interest, had submitted a development application. Thn Selva gas field would be developed with operator Po Valley Energy following the Podere Maiar discovery
14-May-2018 07:32 AM

United Oil & Gas completes 3D seismic acquisition survey over Walton-Morant licence offshore Jamaica

United Oil & Gas reported the completion of a 2,250 square km 3D seismic acquisition survey over the Walton-Morant licence, offshore Jamaica, including the high-graded Colibri target. United holds a 20% equity interest in the 32,065 square km Walton-Mora
20-Dec-2017 07:41 AM

United Oil & Gas set to flow test PM1 well in January

United Oil & Gas announced the Podere Maiar 1 (PM1) well on the Selva gas field in the Podere Gallina licence is to be flow tested next month, having been successfully cased for production. The company said the PM1 well in Northern Italy (United Oil & G
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