United Oil makes production, development progress

19th Apr 2022 12:40

(Sharecast News) - United Oil reported average first quarter production of 1,567 barrels of oil equivalent per day in an update on Tuesday.

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United Oil rises on latest Abu Sennan drilling

15th Mar 2022 14:28

(Sharecast News) - United Oil updated the market on the drilling of the ASD-2 development well in the Abu Sennan licence, onshore Egypt on Tuesday, where it holds a 22% working interest in the licence operated by Kuwait Energy Egypt.

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United Oil reports commercial net pay in latest Abu Sennan well

29th Dec 2021 10:53

(Sharecast News) - United Oil & Gas updated the market on the drilling of the Al Jahraa-13 development well in the Abu Sennan licence, onshore Egypt on Wednesday.

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United Oil announces spudding of latest well at Abu Sennan

12th Nov 2021 15:53

(Sharecast News) - United Oil & Gas announced the spudding of the Al Jahraa-13 development well in the Abu Sennan licence, onshore Egypt on Friday.

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United Oil offloads Italian operations

10th Aug 2021 11:18

(Sharecast News) - United Oil & Gas announced on Tuesday that, as part of the ongoing optimisation of its portfolio and capital allocation strategy, it has signed a conditional sale and purchase agreement with PXOG Marshall for the sale of all of the share capital of UOG Italia for €2.165m in cash.

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United Oil has expectations exceeded at Abu Sennan well

2nd Aug 2021 10:02

(Sharecast News) - United Oil & Gas updated the market on the testing of the Al Jahraa-8 development well on the Abu Sennan concession, onshore Egypt on Monday, where it holds a 22% working interest alongside operator Kuwait Energy Egypt.

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United Oil agrees sale of Central North Sea assets

28th Jul 2021 12:36

(Sharecast News) - United Oil & Gas announced the signing of non-binding heads of terms on an agreement to sell UK Central North Sea licences P2480 and P2519 to Quattro Energy, it announced on Wednesday, for headline consideration of up to £3.2m.

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United Oil gets approval for lease of Abu Sennan discovery

2nd Jun 2021 15:22

(Sharecast News) - United Oil & Gas updated the market on the Abu Sennan Licence in Egypt on Wednesday, in which it holds a 22% non-operating interest, reporting that the Minister of Petroleum had approved the award of a development lease covering the ASD-1X discovery.

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United Oil reports 'material increase' in Abu Sennan reserves

14th Apr 2021 14:30

(Sharecast News) - United Oil & Gas updated the market on the Abu Sennan concession, onshore Egypt on Wednesday, reporting that an independent reserves and resources report, relevant to the end of 2020, indicated a "material increase" in reserves.

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United Oil reports positive results from Abu Sennan drilling

6th Apr 2021 13:59

(Sharecast News) - United Oil & Gas updated the market on the drilling of the ASD-1X exploration well in the Abu Sennan concession, onshore Egypt on Tuesday, reporting that preliminary results suggested the well encountered a total of at least 22 metres of net oil pay interpreted across a number of reservoirs, including the Abu Roash C (AR-C), Abu Roash E (AR-E), Lower Bahariya and Kharita Formations.

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United Oil upbeat on spudding of latest Abu Sennan well

8th Mar 2021 11:18

(Sharecast News) - United Oil & Gas announced the spudding of the ASD-1X exploration well in Egypt's Abu Sennan licence on Monday, where it holds a 22% working interest alongside operator Kuwait Energy Egypt.

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United Oil confirms Covid delays to Crown discovery payments

4th Dec 2020 14:32

(Sharecast News) - United Oil & Gas updated the market on Friday on the milestone payment from Hibiscus Petroleum's indirect wholly-owned subsidiary, Anasuria Hibiscus UK, for the purchase of licence P2366, blocks 15/18d and 15/19b, which include the Crown discovery.

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United Oil confirms rig contract for Abu Sennan

2nd Dec 2020 16:12

(Sharecast News) - United Oil & Gas updated the market on the Abu Sennan licence in Egypt on Wednesday, where it holds a 22% working interest, including the signing of the rig contract for the ASH-3 well.

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United Oil gets nod from Jamaican government for Walton Morant

3rd Aug 2020 11:41

(Sharecast News) - United Oil and Gas has received approval from the Jamaican government to take forward the Walton Morant Licence in Jamaica, it announced on Monday, on a 100% operated basis.

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United Oil reports rise in reserves at Abu Sennan

24th Jun 2020 11:24

(Sharecast News) - United Oil & Gas updated the market on reserves at Abu Sennan as well as its production on Wednesday, reporting gross average production of 13,900 barrels of oil equivalent per day from the concession in the first half of June.

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