News Oil & Gas

United begins production at Al Jahraa-13

United Oil & Gas plc announced the start of production following successful test results from the Al Jahraa-13 development well in the Abu Sennan licence, onshore Egypt. RESULTS Kuwait Energy Egypt operates the licence in which United holds a 22% working interest. The well tested with flow rates of 897 bopd and 0.95 mmscf/d gas […]

News Oil & Gas

United ends 2021 on high note with drill success at Abu Sennan

United Oil & Gas plc said that drilling the Al Jahraa-13 (AJ-13) development well proved it be the seventh consecutive successful well since the company acquired the Abu Sennan licence, onshore Egypt. RESULTS United today reported that AJ-13 had encountered 17.5m of net pay in the oil-bearing Upper and Lower Bahariya reservoir targets. The well […]

News Oil & Gas

United marks ‘exceptional success’ from Egypt assets

United Oil & Gas said its Egyptian assets had performed beyond expectations during the first half of 2021. ABU SENNAN Revenues for H1 2021 are expected to be $10.3 to $10.5 million. Group cash balance was $2m, total cash collections of $8.2m and cash capital expenditure of $3m. United invested $2.2m in the Abu Sennan […]

News Oil & Gas

United nears completion of initial testing of ASH-3

United Oil & Gas plc expects initial testing to be completed at the ASH-3 well ahead of being brought onstream at the joint venture Abu Sennan concession, onshore Egypt. PRODUCTION The company added that the well encountered 27.5m of net pay interpreted over a 59m gross section in the targeted Alem El Buieb (AEB) reservoir. […]

News Oil & Gas

United remains within guidance on production increase

United Oil & Gas has announced that production remained within guidance following an increase from its Abu Sennan interest, onshore Egypt. PRODUCTION The company holds a 22% working interest in the licence which is operated by Kuwait Energy Egypt. In its fourth quarter results for 2020, United reported its second half net working interest averaged […]