We have a portfolio containing a development asset onshore UK and a high impact exploration licence in Jamaica
The Waddock Cross oil discovery is our UK asset. The licence is located Onshore UK, near the south coast of England.
During January 2024 the Company received a Default Notice from the concession Operator. United has not remedied the Default and, subject to legal advice, intends to withdraw from the Abu Sennan Concession pursuant to the terms of the JOA.
Our high-impact exploration Walton-Morant licence containing 7 billion barrel mean/mid case unrisked prospective resource potential.
United Oil & Gas is committed to being a positive presence in the regions where we do business, conducting our operations in a safe and responsible manner to deliver long term growth, while complying with all applicable laws and regulations and limiting our environmental impact.
Issued Share Capital as at 24 April 2024: 1,156,353,969
Percentage of Share Capital not in public hands as at 24 April 2024 is 3.4%
*Rule 17 of the AIM Rules requires a person to notify the Company of the percentage of voting rights he/she reaches once it exceeds or goes below 3% and each 1% threshold thereafter.
Notes:
(1) Broker Accounts – consolidated individual holdings
Focused on growth
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We are a rapidly-growing full-cycle AIM-listed oil and gas company with the energy and capability to build on our track record.
