United Oil & Gas plc announced preliminary results from the ASD-1X exploration well suggested at least 22m net oil pay at its Abu Sennan concession onshore Egypt. The results were across a number of reservoirs, including the Abu Roash C, Abu Roash E, Lower Bahariya and Kharita formations. United, which holds a 22% working interest […]
Day: 15 November 2024
United looks to Selva gas after EIA is approved
United Oil & Gas plc said that environmental approval has been given for its Selva natural gas interest east of Bologna in northern Italy. The Podere Gallina licence, held by Australian operator Po Valley Energy Ltd, is for the development of the onshore Selva natural gas field concession in which United has a 20% economic […]
Oriole primed for ‘new frontier’ of gold in Cameroon
Oriole Resources plc announced it had secured a controlling interest in it orogenic gold exploration projects at Bibemi and Wapouzé in northern Cameroon. LICENCES The move follows the completion of an initial funding commitment of $1.56 million set out under the terms of an option agreement signed in June 2018. Oriole now has 51% ownership […]