United Oil & Gas buys into African prospect

London-listed United Oil & Gas has bought into a prospect in West Africa, its first excursion into the continent. It has signed an agreement with UK firm Elephant Oil, giving it the option to take a stake in Elephant acreage in Benin, West Africa. The block is...

United Oil & Gas acquires stake in three UK licences

London-listed United Oil & Gas has entered into a farm-out agreement with Corallian, a private UK oil and gas exploration company, to acquire an initial 10pc interest from Corallian in three licences held by a joint venture between Corallian and Corfe Energy...

United Oil & Gas in farm-in agreement with Tullow

United Oil & Gas has farmed into the Tullow Jamaica operated Walton-Morant licence located offshore Jamaica. The agreement, which is subject to approval from the Petroleum Corporation of Jamaica, will see United have a 20pc equity interest in the Walton-Morant...