United Oil & Gas plc announced an extension to the deadline for the £3.2 million sale to Quattro Energy Ltd of its licences P2480 and P2519 in the UK Central North Sea. NEW DATE The long stop date to satisfy the sale and purchase (SPA) conditions was 6 December 2021. United said today that the […]
Tag: UK Central North Sea licences P2480 and P2519
United to exit North Sea with £3.2m Maria sale
United Oil & Gas plc has signed a non-binding heads of terms agreement to sell its UK Central North Sea licences P2480 and P2519 to newly formed Quattro Energy Ltd for up to £3.2 million. REVIEW United holds a 100% equity interest in each, with licence P2519 including the Maria discovery in block 15/18. The company […]