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United Oil & Gas PLC (UOG)

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Wednesday 01 August, 2018

United Oil & Gas PLC

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

[email protected]

 

 

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

[email protected]

 

 

St Brides Partners (Financial PR/IR)

 

Frank Buhagiar and Juliet Earl

+44 (0) 207 236 1177

 

 

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%

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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