AIM-listed United Oil & Gas has issued a trading and operations update summarising recent operational activities, providing trading guidance in respect of the financial year to 31 December 2022, and initial guidance for 2023.
Here’s a roundup of the latest E&P headlines including first gas from an Oman field and new contract awards from the past week in the upstream oil and gas industry.
United Oil & Gas has entered into a binding Asset Purchase Agreement ( APA ) with Quattro Energy to sell UK Central North Sea Licence P2519 containing the Maria discovery in Block 15/18e for a maximum consideration including contingent bonus payments of up to £5.7 million (c.US$6.95 million).
United Oil & Gas PLC shares up 15% on disposal news proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.
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