United Oil & Gas to raise £1.25m with share placing

United Oil and Gas has announced the placing of 31,250,000 new ordinary shares of £0.01 each in the capital of the company at a price of £0.04 per placing share. The placing will raise £1.25m (€1.4m) which will be used to advance potential near-term acquisitions and...

United Oil & Gas raises £3m as takeover deal completed

Oil and gas explorer United Oil & Gas has successfully raised £3m and completed a reverse takeover of Senterra Energy. The Sunday Independent understands the fundraising was oversubscribed and the shares will return to market, having been suspended pending the...

United Oil & Gas set for £3m fundraiser

United Oil & Gas, the explorer which is plotting a listing in London, is looking to raise around £3m as part of a share placing in tandem with its reverse takeover of Senterra Energy, the Sunday Independent understands. The company has interests in the UK and has...