WHO WE ARE
United Oil & Gas (UOG) is an independent oil & gas start-up established in 2015.
We are a former Tullow Oil team, with a strategy to acquire assets where the management team’s experience can drive near-term activity to unlock previously untapped value (see more).
The aim is to build a portfolio of production, development and low-risk appraisal /exploration in Europe, whilst remaining alert for exceptional growth opportunities on a global basis (see more).
Two deals have been completed since August 2016, providing UOG with a material stake in two licences: PL090 in the Wessex Basin, onshore UK, and Podere Gallina in the Po Valley region of onshore Italy.
Both of these licences contain low-risk development projects with near-term drilling activity and exciting follow-on exploration targets (see more).
In July 2017, UOG was admitted to the London Stock Exchange’s Main Market via a reverse takeover of Senterra Energy plc.
Senterra Energy Plc was originally formed to take control of, or invest in, businesses within the oil and gas sector, favouring companies with scope for growth and attractive returns for shareholders.
Since the completion of the reverse takeover, the company is now listed as United Oil & Gas Plc, with the ticker UOG.
The Podere Maiar redevelopment well on the Italian Podere Gallina licence is scheduled for November 2017
Seismic reprocessing ahead of well-planning is continuing on the UK PL090 licence. Drilling is being targeted for 2018
In addition to the existing licences, United Oil & Gas Plc continues to pursue further portfolio growth, with an active pipeline of opportunities across Europe, Latin America, and Africa currently under evaluation