United Oil & Gas plc has announced a material increase in oil and gas reserves from an independent evaluation of the Abu Sennan concession in Egypt. A report by Gaffney Cline & Associates showed a 24% increase in Abu Sennan gross 2P reserves to 16.8 MMboe (15% gas) from 13.5 MMboe at the beginning of 2020. […]
Tag: United Oil & Gas plc
United plans tests after ASD-1X results at Abu Sennan
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 […]
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. […]
United acquires Walton Morant from Tullow
United Oil & Gas plc has acquired the Walton Morant licence in Jamaica on a 100% operated basis, with its initial exploration period extended by 18 months. TARGETS The Jamaican Government approved the move which sees United take Tullow’s 80% equity in the licence for a nominal fee to become the operator and 100% equity […]