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Cenkos says there s more to come from United Oil & Gas Plc

Cenkos says there s more to come from United Oil & Gas Plc
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Cenkos lifts United Oil & Gas Plc valuation as Egypt success continues

United Oil & Gas touts positive well test results in Egypt | 4 May 2021

4 May 2021 | 09:25am StockMarketWire.com - Oil company United Oil & Gas announced positive testing results for a well at the Abu Sennan project in Egypt, of which it owned 22%. The ASD-1X well had tested both the Lower Bahariya and Abu Roash C reservoirs. Headline test results from both reservoirs exceed United s internal pre -drill expectations, the company said. The EDC-50 rig had now moved to the Al Jahraa Field within the Abu Sennan licence, where drilling of the AJ-8 development well commenced on 2 May. At 9:25am: [LON:UOG] United Oil Gas Plc share price was 0p at 2.45p Story provided by StockMarketWire.com

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