United Oil & Gas PLC (AIM: "UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to provide the following update on the drilling of the Al Jahraa-8 ("AJ-8") development well in the Abu Sennan concession, onshore Egypt (the "Licence"). United holds a 22% working interest in the Licence, which is operated by Kuwait Energy Egypt.
Highlights from AJ-8 Well:
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Initial interpretations indicate a total of over 40m MD of net oil pay encountered cumulatively across three different reservoir units in a sidetrack (AJ-8ST1), after the initial hole was plugged back due to stability issues