United Oil & Gas plc has appointed non-executive director Iman Hill as a consultant for the Walton Morant project, offshore Jamaica. Ms Hill, who joined United in September 2020, is a petroleum engineer with 30 years’ experience in the oil and gas industry. She has global expertise in the technical and commercial aspects of the […]
Tag: United Oil & Gas plc
United receives $1m over Abu Sennan
United Oil & Gas plc said it had received US$1 million from state oil company Egyptian General Petroleum Corporation (EGPC) in relation to the Abu Sennan onshore licence. ASSETS The funds will leave United debt free while withdrawal from the concession, in which it held 22% working interest, is finalised. The company anticipates the remaining […]
United-Egdon granted more time for Waddock Cross
United Oil & Gas plc said that a five-year extension has been granted to PL090 containing the Waddock Cross onshore oil field in Dorset. REDEVELOPMENT The company holds a 26.5% working interest in PL090, of which the operator is Egdon Resources plc, owned by Petrichor Partners LP, which in turn is owned by Heyco Energy […]
United shareholders back ‘crucial’ £1m fundraise
United Oil & Gas plc has received its shareholders’ support for February’s £1 million discounted conditional fundraise via a placing. Voting remained open for three days until 18 March and the general meeting adjourned until today. United had warned that its future would be under threat if its investors refused to back the fundraise. The […]
United allows more time for ‘crucial’ fundraise vote
United Oil & Gas plc has given its shareholders three days from tomorrow’s general meeting to vote on resolutions including February’s conditional £1 million fundraise. GOING CONCERN The company said it was “crucial” to approve the resolutions, warning that rejection threatened its future survival. United’s current interests are in Jamaica and onshore UK, after leaving […]
United appoints Herona Thompson as Jamaica manager
United Oil & Gas plc has appointed Herona Thompson as country manager in Jamaica. Ms Thompson is a geologist experienced in the petroleum industry, having worked for the Government of Jamaica as well as the private sector on national and international projects. She will play a key role in overseeing and implementing United’s work programme […]