United Oil & shares fall as Abu Sennan drilling disappoints lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
AIM-listed United Oil & Gas has announced the completion of drilling operations on the ASW-1X exploration well in the Abu Sennan licence, onshore Egypt. Although the well encountered net reservoir in the Abu Roash, Bahariya, and Alam El Bueib targets, the logs did not indicate the presence of hydrocarbons.
LONDON MARKET CLOSE: Miners, oil majors limit gains for FTSE 100 lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
United Oil & Gas has announced an update on the ASH-4 development well in the Abu Sennan licence, onshore Egypt. The well was brought on stream on 17 November 2022.