United Oil & Gas plc announced it was nearing the completion of selling its interests in the Podere Gallina licence holding the Selva gas project in Italy. SPA PXOG Marshall Ltd, a subsidiary of Prospex Energy plc, signed a conditional sales and purchase agreement to buy United’s 100%-owned subsidiary UOG Italia Srl for €2.165m ($2.54m […]
Tag: United Oil & Gas plc
United cancels £3.2m Maria sale to Quattro
United Oil & Gas plc said it had terminated the agreement with Quattro Energy Ltd to sell its licences in the UK Central North Sea. AGREEMENT The Oil and Gas Authority (OGA) awarded United licence P2480 in its the 31st Licensing Round in August 2019 and licence P2519 in the 32nd Licensing Round, in December 2020. In September 2021, United […]
United starts 2022 drill campaign in Abu Sennan
United Oil & Gas plc announced the spudding of the ASD-2 development oil well in the Abu Sennan licence as the start of its drill campaign onshore Egypt. ASD-2 WELL United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. The ASD-2 is the first well in a fully funded four-well drilling […]
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 […]
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 […]
United extends deadline for £3.2m Maria sale
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 […]