We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| United Oil & Gas Plc | UOG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.21 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.21 | 0.21 | 0.21 | 0.21 | 0.21 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 24/5/2024 08:34 by spangle93 It's pretty clear the likelihood is, well, limited, because like BPC, the environmentalists would be all over UOG like a rash if anything ever looked like it would eventuate |
Posted at 24/5/2024 07:56 by spangle93 Link to new presentationTea must have been strong last night, Walton-Morant is now another Stabroek waiting to be discovered |
Posted at 21/5/2024 10:12 by citys2874 great day so far UOG and PHE BOTH BREAKING OUT....good start to the day |
Posted at 15/5/2024 23:18 by spangle93 As per today's RNS here's a link to a Q&A with the Jamaica country managerNo-one asked "how did a happy person like you end up working for UOG" |
Posted at 01/5/2024 23:16 by oilbuy Lovely finish and confirms a breakout , today's action could be interesting, who is Mr Anthony and does he have a plan for UOG ? |
Posted at 02/4/2024 10:16 by 1347 It's meaningless and valueless.Eggedon have been kicking this can for donkeys years, as they do everything. They promised to drill it in 2022, 2023 and the latest was that it would be H1 2024, yet they still haven't got any planning approved. If DCC don't approve it then an appeal by Eggedon will take ages and if they do approve it then Finch et all will appeal it anyway. Also, do they have all the EA permits in place and up to date, because if they don't that's another year or so to add on. My call is that this will just drag on and on and on and on.... UOG don't have the funds for a drill anyway so even if Egedon got their ducks in a row and a cash call comes in then where do you think it will get funds from? They've just done a huge discounted placing to raise not very much at all. Also, why are UOG claiming a 26.25% interest when the NSTA portal shows them having just 18.95893%? Come back in a years time if UOG are still here. Larkin gambled on Egypt and that's gone belly up. Jamaica is pie in the sky stuff. |
Posted at 20/3/2024 16:14 by apotheki The sh*t end of the AIM where the likes of UOG lurk really has become like the pink sheets in the US |
Posted at 20/3/2024 15:35 by 1347 Spoke too soon, equity wipeout it is.United Oil & Gas Plc (AIM: "UOG"), the oil and gas company with a high impact exploration asset in Jamaica and development asset in the UK announces the results of the General Meeting held earlier today where all the resolutions were duly passed on a poll vote. Accordingly, the capital reorganisation has completed and the conditional Fundraising, results of which were announced on 27 February 2024, will complete on the admission to trading of the Fundraising Shares that will take place at 8.00am tomorrow that is 21st March 2024. |
Posted at 25/1/2024 08:27 by 1347 I did a review of this shambles and this is where they are:Abbu Sennan: Paid $16 m for acquisition from Rockhopper. SPA valued it at $2.052 m in November 2023, which equalled the cash call at the time, so worth nothing. Now a liability as cashcall now stands at $3.822m. Plus $1.089 m debt overhang, less the $0.8 m EGP owe (if they ever get it). Jamaica: Been looking for a partner for 4 years plus, no-one found. Amended PSA. What are the terms for that? Anyone know? No funds to progress anyway. North Sea: After the Hisbscus fiasco (lost P2366 Crown licence then had legal dispute, eventually settled). Then had the Quattro fiasco. Lost licence P2480 licence (Zeta), now lost P2519 licence (Maria), expired in December 2023. Larkin's not mentioned that though has he? More non-disclosure of material information. Waddock Cross: Difficult field that Eggedon have never done anything with in years and that UOG wanted to exit. Eggedon have now applied for a 10 year extension and permission for more drills but unlikely to get permission and even if they do it will face possibly years of appeals and legal challenges. Plus UOG don't have the funds for a cash call even if they did get the go ahead. I don't see anything worth didly squat here now unless they find a partner for Jamaica very shortly. If anyone was interested they'd be better off just buying UOG, they'd get it cheap, it's worth damn near nothing anyway, sell Waddock to Eggedon for whatever they can get and send Larkin and the rest of the useless clowns down the road. Change my mind. |
Posted at 24/11/2023 22:26 by thirdtimelucky1 ameen post ….We all need to be more vocal and should contact BL directly (imo). I have already send him a email yesterday. He has already responded to another LTH and is arranging an investors call asap. Key points I mentioned on my email: * I was present on the 23rd July call (listening only as I joined from Morocco) This was so reassuring and like many others LTH, I have heavily averaged down and now hold over 2% UOG stock (my biggest holdings in any UK stock ever). * Yesterday’s RNS announcement was a huge blow to us all to say the least, many people across LSE chat etc are saying/thinking this is the end of the company. Obviously I don’t think that at all and I have added more shares (hard earned money I cannot afford to lose, I have put our future family house buying funds in to UOG stock as I believed he would maximise value for all shareholders). * His failure to deliver any value to shareholders over several projects is inexcusable. The only workaround was Maria and Jamaica, for now he should step up and deliver first then get paid and at this point Brian should be taking ZERO salary for the foreseeable and RNS immediately as he has his shares in UOG, if he turns the company around he will be very well rewarded like all suffering LTH. * We’re seriously worried about cash balance as it must be running low and he assured us there will be no future Fund Raise * Few holders think it would be worth a vote, if share holders would consider the selling of the Egyptian asset as it could be worth significantly more then what UOG paid for it and way more then our current MCAP. *From the call on 23rd July, I recall him saying ‘’HE WISH he could BUY more shares but are in a closed period because of quattro and Jamaica news to come (as this is not the care anyone will you be buying shares on the open market immediately?) * We’re paying back $223,000 BP loan monthly to be fully paid early Jan or Feb 2024 (after debt is paid off, this amount will be added to company’s cash flow, can this be done asap and RNS issuesed). Above are few key points from my email and I feel we must ask these and more at the next Teams call/meeting. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
