United Oil shares jump 12% on UK deal

Shares in Dublin-based exploration company United Oil and Gas jumped more than 12% on the news of it buying into three licences in the south of England. The company, established by former Tullow Oil executives, has taken a 10% share of three licences operated by...

United Oil and Gas will consider Irish licence buys

Newly-floated exploration company United Oil and Gas (UOG) will consider acquiring licences offshore Ireland in the medium-term, after building cash reserves and executing a near-term expansion plan in mainland Europe. Shares in the Dublin-based company — headed by...

Dublin oil firm to list shares in London

Dublin-based exploration company United Oil and Gas (UOG) is to take a share listing on the London Stock Exchange via a reverse takeover of British company Senterra. UOG — led by two former Tullow Oil executives — is also targeting further additions to its growing...