United Oil and Gas to acquire Egyptian business for €14m

United Oil and Gas – whose CEO Brian Larkin is a veteran of both Tullow Oil and Providence Resources – it to purchase Rockhopper Egypt for $16m (€14m). The deal includes a 22pc non-operated position in the Abu Sennan concession onshore Egypt. Because the transaction...

CEO Brian Larkin talks about Crown sale – Proactive Investors

  United Oil & Gas PLC’s (LON:UOG) Brian Larkin speaks to Proactive London’s Andrew Scott after announcing they’ve signed heads of terms to sell two blocks in the North Sea to Anasuria Hibiscus UK Limited for up to US$5mln.   VIEW...