United Oil & Gas Plc

Podere Maiar flow testing commences

 

United Oil & Gas Plc (“UOG”, “United” or the “Company”), the London Stock Exchange listed oil and gas exploration and development company, announces that flow testing has commenced on the Podere Maiar 1 (“PM1”) well on the Selva Gas Field in the Podere Gallina licence.

The Company is pleased to announce that it has been informed by the operator that flow testing on the PM1 well in Northern Italy has commenced today, and results will be reported next week.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014

 

For more information please visit the Company’s website at www.uogplc.com or contact:

United Oil & Gas Plc (Company)
Brian Larkinbrian.larkin@unitedoilandgas.eu
Optiva Securities Limited (Broker)
Christian Dennis+44 (0) 20 3137 1902
Beaumont Cornish Limited (Financial Adviser)
Roland Cornish and Felicity Geidt+44 (0) 20 7628 3396
Murray (PR Advisor) +353 (0) 87 6909735
Joe Heronjheron@murrayconsultanta.ie

 

Editor’s Note:

United Oil & Gas plc (UOG) is listed on the main market of the London Stock Exchange.  UOG was established to explore, appraise and develop low risk assets in Europe and North Africa and to develop higher risk, higher impact exploration projects in Latin America and Africa.

The following table outlines the Company’s licences:

 

Country Licence Operator United Holding
Italy Podere Gallina LicencePo Valley Energy 20%
United KingdomWaddock Cross FieldEgdon Oil Plc 26.25%
United Kingdom PL090 Exploration Egdon Oil Plc 18.95%
Jamaica Walton-Morant Tullow Oil plc 20%