United Oil & Gas Share Discussion Threads

[1347] 15/5/2025 08:27

Wake up and small the coffee, it's all designed to be dragged out as long as possible to allow Teaboy to keep getting paid to have imaginary friends over for tea and biscuits.

[spangle93] 15/5/2025 08:16

Though on the plus side, it's not as if the Jamaican oil and gas authorities are overworked with other applications..


I initially read "Brian Larkin, still CEO of United Oil & Gas, commented:" but I re-read it and the modifier isn't actually in there

[soulsauce] 15/5/2025 08:00

Only just submitting permit. Jeeze 🙄

[pangrati] 15/5/2025 07:45

Piston Core Survey Permit Application Submitted - Technical De-Risking Advances in 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 it has formally submitted the permitting application for the piston core survey to the National Environmental and Planning Agency ("NEPA") in Jamaica.

The application marks a key milestone in United's forward work programme. The process took longer than anticipated due to enhancements to the technical scope and the need to finalise and align all supporting documentation to the satisfaction of the regulator.

The piston core survey will involve the collection of 40 to 60 seabed sediment (mud) samples from the Walton and Morant basins using a long, cylindrical piston corer designed to penetrate the seafloor and retrieve undisturbed score samples from the seafloor. These samples will undergo detailed geochemical analysis to improve understanding of the hydrocarbon generation potential and reservoir quality across the licence area.

To aid in selecting viable seabed locations, a Multibeam Echosounder (MBES) survey is planned over certain deeper areas of the licence, particularly in regions of the Morant Basin not currently covered by 3D seismic data.

In addition, the survey will include a heat probe analysis at selected locations to measure background heat flow and sediment thermal conductivity. This data will support refined basin modelling and petroleum system analysis - helping to identify and prioritise areas most likely to host commercial hydrocarbon accumulations.

The Walton-Morant Licence covers 22,400km² and contains over 40 identified leads and prospects. Eleven of these have been independently certified by Gaffney Cline and estimated to be holding over 2.4 billion barrels of unrisked mean prospective resources.1 United's internal estimates suggest the total exploration potential could exceed 7 billion barrels across the licence area.2

The piston core survey is expected to form part of the farm-out, offering potential farm-in partners a defined pathway to early-stage participation in the Walton-Morant Licence. Designed to further de-risk what the Company believes to be one of the most compelling frontier exploration opportunities globally, the programme has already attracted interest from engaged parties under NDA. Our strategy on delivering the execution of the piston core survey will form part of the ongoing farm-out efforts.


Brian Larkin, CEO of United Oil & Gas, commented:

"We are pleased to confirm the submission of the permit application for our piston core survey. While the process took longer than anticipated, it reflects the expanded technical scope and our desire to maximise the value of the programme. This survey will deliver valuable data to further de-risk the Walton-Morant Licence, and support our efforts to unlock the value of what we believe is a potentially world-class frontier basin."



1. Unrisked Mean Prospective Resources as per Gaffney Cline report "Prospective Resources Audit, Walton-Morant Licence, Jamaica" dated 4 December 2020

2. Based on United's arithmetic sum of the Unrisked Mean or Mid-Case Prospective Resources for each prospect or lead identified within the Walton Morant Licence boundary by United and/or previous operators

[bad gateway] 08/5/2025 21:30

Backtesting the 200dsma and bottom of gap today on not too much volume. Could just as well be an up day tomorrow as the move to close the gap at 0.18p continues.


free stock charts from uk.advfn.com

[darmz] 08/5/2025 18:45

I'm shorting this down to 0.0008 which will come soon Interest is now gone here More sellers tomorrow let's smash this dog Mr 100m buyer will soon regret it or cancel it

[darmz] 08/5/2025 18:38

Good man Uog is dead now No farm in only Larkin with his pathetic ramps

[letsgo5] 08/5/2025 18:34

Uog 50% banked from 0.1p entry Now in decline mode and fallen through 0.14pWill buy back sub 0.1pWnt be any news for months

[the skipper] 07/5/2025 18:19

Yes that often happens with a conventional placing, and I’ve taken part in many myself, but this is a one off with an existing supportive shareholder, so expect a TR 1 to follow once the shares have been issued.

[1347] 07/5/2025 16:24

Don't be daft Skipper, they get forward sold, sometimes weeks and weeks, in advance by those that know a placing is coming (Company, City of London Barrow Boys & Placees (and Placees mates)).

[soulsauce] 07/5/2025 16:22

Or just that far underwater that it won't matter Skipper due to the Ceo killing their investment stone dead..
Any shorters will already have made a killing here as it was made so easy for them.

[the skipper] 07/5/2025 16:12

The shares will not be issued until 12th May, so nothing to flip as yet and seems to be a supportive investor anyway who’s here for the deal which is coming together imo.

The mugs are the ones who are on the short side when the deal is announced.

[blueblood] 07/5/2025 14:56

And the price increases

[soulsauce] 07/5/2025 14:51

And suddenly all the ramping stops 🤔

[soulsauce] 07/5/2025 12:59

Well quell surpise a raising. Who saw that coming 🤣

[pbj] 07/5/2025 12:20

Going down the pan before end of year.
Desperately getting as many $'s into back pocket for retirement before pulling the plug.
Big holders will be offloading to morons, seems like there's a few on on here, they wont be left holding the baby you morons will.
Big ramp incoming and then lights out.

[pangrati] 07/5/2025 11:30

Brian Larkin, CEO of United Oil & Gas, commented:

"We are pleased to have received this support from an existing shareholder who continues to demonstrate confidence in our strategy. This investment enhances our near-term funding position and supports the momentum building around our Jamaican farm-out process."

[pangrati] 07/5/2025 11:27

Use of Proceeds

Proceeds from the placing will be used to strengthen the Company's working capital position and support the ongoing farm-out process at its Walton-Morant Licence offshore Jamaica, where multiple parties remain under NDA conducting active due diligence.

[pangrati] 07/5/2025 11:25

More tea & biscuits money in the proverbial old tin!

[the skipper] 06/5/2025 23:16

I’ve been scaling in slowly over the past fortnight, having seen the Directors set out their stall in the 10th April RNS. Looks like they are sharply focused on creating shareholder value to me now, hence the accumulation by the TR1 holder.

I will continue to add when funds permit.

[the skipper] 06/5/2025 19:13

I think our recent TR1 holder knows more about the direction of travel than you mate 😄