United Oil & Gas PLC’s (LON:UOG) Brian Larkin speaks to Proactive London’s Andrew Scott after announcing they’ve signed heads of terms to sell two blocks in the North Sea to Anasuria Hibiscus UK Limited for up to US$5mln.
- Operations
Our Operations
We have a portfolio containing a development asset onshore UK and a high impact exploration licence in Jamaica
UK ONSHORE
The Waddock Cross oil discovery is our UK asset. The licence is located Onshore UK, near the south coast of England.
EGYPT
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.
Jamaica
Our high-impact exploration asset with a drill ready prospect. High quality 3D seismic supports compelling evidence for a working petroleum system
- Responsibility
Working Responsibly
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.
LINKS