United Oil & Gas Plc CEO Brian Larkin tells Proactive Investors that it’s been a phenomenal 2018 for the independent oil and gas start up who have added six acquisitions from the original two when United completed their IPO in July 2017.
With a strong balance sheet, rapid growth remains United’s primary focus and Brian states that there are several deals at which United are looking that have the potential to add significant value for shareholders in 2019. In addition, the near-term drilling of an appraisal well in Q1 2019 at the low-risk high CoS Colter discovery is a key near-term transformational value driver for the company.
Larkin says that with plenty of exciting activity scheduled for 2019 and with the team working hard to add exciting new prospects, that the Company may grow just as much over the coming 18 months as it has since listing.