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Rockhopper Exploration to sell Egyptian assets to United Oil & Gas
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United Oil and Gas announces final audited results for the year ended 31 December 2021
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Landmark year for Dublin based oil and gas explorer
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United Oil and Gas hails landmark year despite Covid crisis
United Oil and Gas increased its production a quarter despite a steep drop in fuel demand due to Covid-19.
United Oil and Gas this morning hailed a “landmark year” for the AIM-listed firm despite the carnage caused by the coronavirus pandemic.
The company, one of the few smaller oil and gas firms to operate both exploratory and production assets, posted its first ever profit in 2020.
United also said that it had seen its working production increase nearly a quarter over the year, despite the plunge in demand for fuel during the Covid-19 lockdowns.
United Oil and Gas announces final audited results for 2020
26 Apr 2021
AIM-listed
United Oil & Gas, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced its audited results for the year ended 31 December 2020.
A shareholder call hosted by management will take place at 12.00pm BST today. Should investors wish to participate in the event, please click this link to register https://bit.ly/2S9mfow. A confirmation email with details of the dialling in process will be sent to your email address. A presentation and the 2020 Annual Report will be made available today on www.uogplc.com