United Oil & Gas PLC Podere Maiar flow testing commences (6655B)

TIDMUOG

RNS Number : 6655B

United Oil & Gas PLC

12 January 2018

United Oil & Gas Plc

Podere Maiar flow testing commences

United Oil & Gas Plc ("UOG", "United" or the "Company"), the London Stock Exchange listed oil and gas exploration and development company, announces that flow testing has commenced on the Podere Maiar 1 ("PM1") well on the Selva Gas Field in the Podere Gallina licence.

The Company is pleased to announce that it has been informed by the operator that flow testing on the PM1 well in Northern Italy has commenced today, and results will be reported next week.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014

For more information please visit the Company's website at www.uogplc.com or contact:

 
 United Oil & Gas Plc (Company) 
=====================================  ================================ 
 Brian Larkin                           brian.larkin@unitedoilandgas.eu 
=====================================  ================================ 
 
 Optiva Securities Limited (Broker) 
=====================================  ================================ 
                                        +44 (0) 20 3137 
 Christian Dennis                        1902 
=====================================  ================================ 
 
 Beaumont Cornish Limited (Financial 
  Adviser) 
=====================================  ================================ 
 Roland Cornish and Felicity            +44 (0) 20 7628 
  Geidt                                  3396 
=====================================  ================================ 
 
 Murray (PR Advisor)                     +353 (0) 87 6909735 
=====================================  ================================ 
 Joe Heron                              jheron@murrayconsultant.ie 
=====================================  ================================

Editor's Note:

United Oil & Gas plc (UOG) is listed on the main market of the London Stock Exchange. UOG was established to explore, appraise and develop low risk assets in Europe and North Africa and to develop higher risk, higher impact exploration projects in Latin America and Africa.

The following table outlines the Company's licences:

 
 Country           Licence              Operator            United Holding 
----------------  -------------------  ------------------  --------------- 
                   Podere Gallina 
 Italy              Licence             Po Valley Energy    20% 
----------------  -------------------  ------------------  --------------- 
                   Waddock Cross 
 United Kingdom     Field               Egdon Oil Plc       26.25% 
----------------  -------------------  ------------------  --------------- 
 United Kingdom    PL090 Exploration    Egdon Oil Plc       18.95% 
----------------  -------------------  ------------------  --------------- 
                                        Tullow Oil 
 Jamaica           Walton-Morant         plc                20% 
----------------  -------------------  ------------------  ---------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLQFLFFVFFZBBD

(END) Dow Jones Newswires

January 12, 2018 02:00 ET (07:00 GMT)

United Oil & Gas (LSE:UOG)
Historical Stock Chart
From Apr 2024 to May 2024