MEDIA COVERAGE

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...

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Rockhopper sells United Oil stake for €3.4m

Rockhopper Exploration has sold its 18.3pc stake in Ireland-based United Oil & Gas for $4m (€3.4m). The deal announced tonight concludes United’s reverse takeover earlier this year of Rockhopper’s Egyptian subsidiary and its operations in the Abu Sennan oil field...

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Egyptian optimism

Anglo-Irish independent United Oil & Gas completed in March a deal struck last year to enter the Egyptian upstream by buying UK producer Rockhopper’s 22pc non-operated stake in the onshore Abu Sennan concession. It is fair to say that the world changed between the...

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United Oil and Gas takes over Jamaica field from Tullow

United Oil and Gas has taken over the running of Jamaica’s Walton Morant oil field from fellow explorer Tullow Oil, it was announced today. This morning, the firm announced that the Jamaican government had given it permission to take forward the reserve on a 100 per...

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New Petroleum Discovery in Abu Sennan

Borg Al Arab Petroleum Company has achieved a new petroleum discovery in Abu Sennan concession after drilling Al Salemia Well -5 at the Western Dessert, according to a press release. The new discovery has been put on the production plan at a rate of 4,100 barrel per...

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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...

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Interview about Colter Appraisal campaign

United CEO Brian Larkin speaks to Vox Podcast about Colter Appraisal campaign that has delivered a new discovery and significantly increased understanding of the Colter prospect. United is delighted by the discovery of Colter South, which with an estimated mean...

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CEO Brian Larkin in Vox Markets Podcast

CEO Brian Larkin catches up with Justin Waite from Vox Podcast to provide an update across the United Oil & Gas portfolio including the upcoming drilling campaign at Colter, forthcoming newsflow and new opportunities currently under evaluation. United was...

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