Registered in England with Company Registration number . Group VAT registration quantity FCA Registration number . United Oil & Gas (UOG) is an independent oil & gas begin sulphur price Iran-up established in 2015. UOG's share price has been volatile over the previous 3 months.
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United Oil & Gas Plc #UOG announced, in its operational and corporate replace, that it has accomplished low capital expenditure gas pipeline challenge at Al Jahraa. The firm acknowledged that production of gas and elimination of flaring increased gross production in Egypt to round 8,400 boepd (c. 1,850 boepd internet) - more than doubling the manufacturing in comparison with 12 months in the past. Also, Kuwait Energy Egypt (KEE), the operator of the Abu Sennan concession, has indicated that as a result diesel price per litre of present low oil price, they plan to scale back the 2020 Capex costs on the licence considerably. This will include deferring no less than two of the four planned 2020 infill wells. Moreover, the company has worked with the Operators of its key belongings to cut back and defer capital programmes.
- United Oil & Gas Plc #UOG announced, in its operational and company update, that it has completed low capital expenditure gas pipeline project at Al Jahraa.
Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes bitumen cost per ton unless otherwise indicated.
United Oil & Gas Plc #UOG announced that it has completed the acquisition of Rockhopper Egypt Pty Ltd. from Rockhopper Exploration Plc. The acquisition, which has an effective date of 1st January 2019, includes a 22% nonoperating curiosity within sulfur price per ton the producing Abu Sennan concession, onshore Egypt, the place production averaged 7,900 boepd within the first half of February 2020. United Oil & Gas Plc #UOG introduced that it has appointed Mr Stewart MacDonald as Non-Executive Director of the company.
The company has also made vital decisions round the price base of the Company and has applied some important modifications that are expected to grasp approximately ss60 bitumen emulsion price $zero.5m of annualised savings. Under the terms of the Crown SPA, and topic to FDP approval, the corporate expects an extra $2.eighty five million of web payments throughout 2020 from the sale of this asset.
Data is gathered from historic databases corresponding to Quandl and different dependable sources, however errors do happen. United Oil & Gas aggressive advantages and company technique can generally be found in its financial reports archived right sulphur price per kg here. Examine United Oil & Gas's financial health to find out how nicely-positioned it's in opposition to instances of monetary stress by taking a look at its degree of debt over time and the way a lot cash it has left.
United sulphur powder price & Gas Plc (UOG) is a quickly-rising full-cycle AIM-listed oil and gas company with the vitality and capability to build on our monitor report of supply. United liquid sulphur price & Gas Plc is a United Kingdom-primarily based firm. The Company is an exploration for crude oil petroleum and natural rate of bitumen emulsion gas. The Company operates Abu Sennan Concession in Egypt, Podere Gallina Licence, Onshore Italy (Selva), PL090 Licence, Onshore UK (Waddock cross and broadmayne), P1918 Licence, Offshore UK (Colter), P2480 Licence, Offshore UK (Zeta) and Walton Morant Licence Jamaica (Colibri Prospect).