United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil
& Gas
30 April 2024
United
Oil & Gas plc
("United"
or "the Company")
Iman Hill
appointed as Consultant for Jamaica
United Oil & Gas Plc (AIM:
"UOG"), the oil and gas company with a high impact exploration
asset in Jamaica and a development asset in the UK is pleased to
announce that Iman Hill, United's Non-Executive Director, has
agreed to provide consultancy services to support the progress of
the Jamaican project.
Iman is a Petroleum Engineer with 30
years' experience in the oil and gas industry with extensive global
expertise in the technical and commercial aspects of the petroleum
business, in particular field development, capital projects,
commercial negotiations, farm-outs and production operations.
Iman's experience has been gained in the Middle East, North and
West Africa, South America, the Far East, and the North Sea. Iman
has worked in a number of diverse settings from onshore to
ultra-deep water with companies that include BP, Shell, BG Group
and Dana Gas, where as well as her role as Technical Director, GM
UAE and President Egypt, she also ran one of the Egyptian joint
ventures as Managing Director and Board member of the Egyptian
Bahraini Gas Derivatives Company.
The Company has signed a consultancy
agreement with Iman (the "Agreement") for an initial period of
three months, which can be extended by mutual agreement or
terminated by giving not less than one month's written notice. The
consultancy fees will be commensurate with the role and any
expenses must be agreed in advance. Iman will work in the Dublin
office for the period of this assignment.
United Chief Executive Officer, Brian Larkin
commented:
"Iman is a valued member of our board and I am pleased that
she has agreed to provide additional support to the Jamaican
project during this pivotal phase as we advance our work program
and the farmout process. Iman's extensive experience of farm-outs
will greatly benefit the team in the months ahead, and I'm excited
to collaborate with her."
END
This announcement contains inside
information for the purposes of Article 7 of Regulation
2014/596/EU which is part of
domestic UK law
pursuant to the Market Abuse
(Amendment) (EU Exit) regulations (SI 2019/310).
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Enquiries
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United Oil & Gas Plc
(Company)
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Brian Larkin, CEO
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brian.larkin@uogplc.com
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Beaumont Cornish
Limited (Nominated Adviser)
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Roland Cornish | Felicity
Geidt | Asia Szusciak
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+44 (0) 20 7628 3396
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Tennyson Securities (Joint
Broker)
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Peter Krens
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+44 (0) 20 7186 9030
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Optiva Securities
Limited (Joint Broker)
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Christian Dennis
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+44 (0) 20 3137 1902
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Camarco (Financial
PR)
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Andrew Turner | Emily Hall | Sam
Morris
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+44 (0) 20 3757 4983
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Beaumont Cornish Limited ("Beaumont Cornish") is the Company's
Nominated Adviser and is authorised and regulated by the FCA.
Beaumont Cornish's responsibilities as the Company's Nominated
Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM
Rules for Nominated Advisers, are owed solely to the London Stock
Exchange. Beaumont Cornish is not acting for and will not be
responsible to any other persons for providing protections afforded
to customers of Beaumont Cornish nor for advising them in relation
to the proposed arrangements described in this announcement or any
matter referred to in it.
Notes to Editors
United Oil & Gas is an oil
and gas company with a development asset in the UK and a high
impact exploration licence in Jamaica.
The business is led by an
experienced management team with a strong track record of growing
full cycle businesses, partnered with established industry players
and is well positioned to deliver future growth through portfolio
optimisation and targeted acquisitions.
United Oil & Gas is listed on the AIM market of the London Stock Exchange. For further information
on United Oil and Gas please visit www.uogplc.com