United Oil & Gas credits Egyptian assets for swing to profit

Irish explorer has published its interim results for the six months ended June 30th Irish explorer United Oil & Gas has credited its Egyptian operations for a swing into profit during the first half of the year. The London-listed company, which has assets in...

United Oil & Gas swings into profit

United Oil & Gas has reported a profit before tax of $1.8m for the six months to June 30, a swing on the loss of $756,000 in the corresponding period last year. Revenue for the period was $2.4m, according to interim results for the group. The Dublin-based company...

Irish exploration company awarded new North Sea oil licences

The new assets are in the centre of the North Sea, close to the low-risk Zeta project. Irish exploration company United Oil and Gas has been provisionally awarded two blocks in the North Sea as part of the UK’s latest exploration licensing round. The new assets are in...