United Oil & Gas PLC New Corporate Presentation

TIDMUOG

United Oil & Gas PLC

01 August 2018

United Oil & Gas Plc / Index: LSE / Epic: UOG / Sector: Oil & Gas

1 August 2018

United Oil & Gas Plc ('United' or 'the Company')

New Corporate Presentation

United Oil & Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce that the new corporate presentation, delivered at its investor evening on 25 July, is now available to view on United's website https://bit.ly/2OuToYM.

**ENDS**

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

 
 United Oil & Gas Plc (Company) 
 Brian Larkin                           [e-mail] 
 
 Optiva Securities Limited (Broker) 
 Christian Dennis                       [phone] 
 
 Beaumont Cornish Limited (Financial 
  Adviser) 
 Roland Cornish and Felicity Geidt      [phone] 
 
 Murray (PR Advisor)                    [phone] 
 Joe Heron                              [e-mail] 
 
 St Brides Partners (Financial 
  PR/IR) 
 Frank Buhagiar and Juliet Earl         [phone] 
 

Notes to Editors

United Oil & Gas Plc is an independent oil & gas company focused on exposing shareholders to multiple re-rating opportunities via the acquisition and development of assets with a clear line of sight to near-term value unlocking activity. Established in 2015 by an entrepreneurial management team which had worked together at leading independent Tullow Oil, significant progress has been made since listing. Leveraging the team's strong technical discipline and established links to the industry, a portfolio of low-risk European development, appraisal and exploration assets has been put in place which underpins a parallel high-impact growth strategy in the Caribbean, South America and Africa. The goal is to create a decent-sized oil company, with cash-flow from European portfolio production to cover G&A and provide free cash-flow to expose shareholders to potentially transformational opportunities.

The following table outlines the Company's licences:

 
 Country           Licence              Operator              United Interest 
                   Podere Gallina       Po Valley Energy 
 Italy              Licence              Limited                       20.00% 
                  -------------------  --------------------  ---------------- 
                   Waddock Cross        Egdon Resources UK 
 United Kingdom     Field                Limited                       26.25% 
                  -------------------  --------------------  ---------------- 
                                        Egdon Resources UK 
 United Kingdom    PL090 Exploration     Limited                       18.95% 
                  -------------------  --------------------  ---------------- 
                                        Corallian Energy 
 United Kingdom    P1918                 Limited                       10.00% 
                  -------------------  --------------------  ---------------- 
                                        Corallian Energy 
 United Kingdom    PEDL 330              Limited                       10.00% 
                  -------------------  --------------------  ---------------- 
                                        Corallian Energy 
 United Kingdom    PEDL 345              Limited                       10.00% 
                  -------------------  --------------------  ---------------- 
 Jamaica           Walton-Morant        Tullow Jamaica Ltd             20.00% 
                  -------------------  --------------------  ---------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

NRABUGDRXBXBGIB

(END) Dow Jones Newswires

August 01, 2018 06:00 ET (10:00 GMT)