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 […]
Tag: United Oil & Gas plc
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 […]
United granted further two years for Walton Morant
United Oil & Gas plc said it had been granted a two-year extension for its 100% Walton Morant licence, Jamaica. POTENTIAL Following completion of the approval process, the licence will run to 31 January 2024. United believes that there is a hydrocarbon system in Jamaica including source, reservoir, and seal rocks. An independent evaluation by […]
United spuds AJ-13 development well in Abu Sennan
United Oil & Gas plc announced that drilling had started at the Al Jahraa-13 development well in the Abu Sennan licence, onshore Egypt. AJ-13 The AJ-13 development well will take some 65 days to drill and complete and will target stacked Upper and Lower Bahariya reservoir targets. United added that the well was fully funded from […]
United Oil & Gas directors’ dealings
United Oil & Gas plc directors have purchased ordinary shares of 1p each in the company in the market. The five directors are as follows: Director’s name and position Date of purchase Number of Ordinary Shares purchased Price paid per Ordinary Share purchased Total number of Ordinary Shares held following purchase Total as percentage of […]