United Oil & Gas Share Discussion Threads

[bobby1904] 06/12/2017 08:01

I know that. That's why Im so excited! My point is that Im sick of PXOG getting all the volume/action and UOG being a bit of a quiet onlooker.

[maverick247] 06/12/2017 08:00

Bobby uog hold a larger interest in Podere than pxog and they just landed the jamaican deal !

[maverick247] 06/12/2017 07:59

Excellent news !

[bobby1904] 06/12/2017 07:57

Morning all. Nice to see today's RNS. I notice that PXOG didn't reciprocate by mentioning UOG in their RNS! Shame, as my guess is PXOG will yet again get all the action today and UOG may end up on the side lines. Hope not. Fingers crossed...

[cpap man] 06/12/2017 07:45

Wednesday 06 December, 2017
United Oil & Gas PLC
Podere Maiar drilling results
RNS Number : 4847Y
United Oil & Gas PLC
06 December 2017

6th December 2017



United Oil & Gas Plc

("UOG", "United" or the "Company")

Podere Maiar drilling results



United Oil & Gas Plc ("UOG", "United" or the "Company"), the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce positive log results from the drilling of the Podere Maiar 1 ("PM1") well on the Selva Gas Field in the Podere Gallina licence, onshore Italy.



PM1 was successfully drilled to a total depth of 1330m TVD (1307m TVDSS) ahead of schedule and on budget.



Downhole log results from Schlumberger confirm a gross gas pay of 53m. The top of the reservoir was encountered at 1245m TVD (1223m TVDSS) some 12m above the level of any previous production wells, including the nearby Selva 6 well.



The two main sand levels show high resistivity in the logs, indicating a thick gas-bearing reservoir



United Oil & Gas (20%), and its joint venture partners Po Valley Energy (64%; operator) and Prospex Oil and Gas (17%) have agreed to proceed to case, perforate and complete the well and install downhole production equipment.



Well completion is targeted to be finished mid-December with flow-testing on a rigless basis planned for early January.



Brian Larkin, United CEO, commented:



"We are very pleased with these initial well results, which confirm the significant potential in the Selva Field. We are looking forward to successfully completing the well operations, and commencing the rigless testing shortly. This is a great result for our shareholders and we look forward to progressing the licence with our joint venture partners. We will provide a further update when well testing completes".

[skiboy10] 06/12/2017 04:40

From LSEToday 04:32 Price: 0.73Drewky 3,157 postsPXOG Horrendous Gas ZoneAnnounced on ASX a 53metre section has been struck. Its Boom time for PXOG we have hit 174 feet with more than good enough porosity readings it is the second commercial gas strike announced by the company in nine days. "If you have a section 100 to 200ft you have a horrendous gas zone and you don't get a lot of those in the world" See this blog and watch the videos to learn what this means https://aminexunofficial.blogspot.co.uk/2017/06/1st-june-2017-perosity-horrendous-gas.html Added another 20% on the dip yesterday so I'm looking forward to hearing that bell today Gla

[skiboy10] 06/12/2017 04:39

Looks like PVE on the ASX has seen no action in months though. Tiny volumes and zero following.

[the stigologist] 06/12/2017 00:48

Po Valley unchanged on this 'success'

[skiboy10] 06/12/2017 00:10

ASX / MEDIA RELEASE
6 December 2017

Po Valley announces positive log results at Italian gas well - Podere Maiar 1dir
Positive log results have been announced by Australian ASX-listed natural gas
company, Po Valley Energy Limited, from the drilling of its Podere Maiar 1dir
(“PM1”) well in the Selva Gas Field in northern Italy’s Podere Gallina licence area.

It will now be completed as a production well.

PM1 was successfully drilled to a total depth of 1,330 metres in the Pliocene ahead
of schedule and on budget.
Downhole log results from Schlumberger confirm a gross gas pay of 53m. The top
of the reservoir was encountered at 1,245m TVD (1,223m TVDSS), some 12m above the level of any previous production wells, including the nearby Selva 6 well.
The two main sand levels show high resistivity in the logs, indicating in ccordance with sonic, a gas-bearing reservoir.

Po Valley (63%) and its joint venture partners, United Oil and Gas (20%) and
Prospex Oil and Gas (17%), have agreed to proceed to case, perforate and
complete the well and install downhole production equipment.
Well completion is targeted to be completed mid this month with flow testing on a
rigless basis planned for early January, 2018.

Commenting on the results, PVE Chairman, Mr Michael Masterman, said “We are
very pleased with these results from our first well Podere Maiar 1dir in the Selva
gas field and will proceed to case and test the well.”

Po Valley will continue to update the market on well progress, and further log result evaluation and testing.

[snickerdog] 06/12/2017 00:05

PVE the operator announced a 53m pay Zone from the Podere well

[skiboy10] 05/12/2017 19:01

Just today. I had the chance at 3p a while back but didn't take it. The interview with Brian Larkin was impressive. Huge potential on only a 10M market cap.

[cpap man] 05/12/2017 18:40

Thank you Skiboy10 for the new UOG thread - please MODERATE & BAN all TROLLS

Out of interest when did you BUY into UOG?

[skiboy10] 05/12/2017 18:27

As still waiting is not monitoring or updating the thread I have setup a new premium thread here....

[skiboy10] 05/12/2017 18:21

Griffin81
4 Dec '17 - 19:34 - 328 of 330 1 0

I've taken a stake here and will look to add further as other investments mature. The deal agreed with Tullow Oil is exceptional, and for such a small company to achieve this speaks volumes. Don't think the market has realised how big this is, yet. Drill results later this week should be interesting also. From this start, UOG has a real chance now of becoming a rapid success.

maverick247
4 Dec '17 - 21:33 - 329 of 330 4 0
Yes griffin the deal with tullow is outstanding and they get their share of the 2d seismic that tullow just spent $20m on for FREE

If thats not enough they are only committed to £1.5m for the 2018 work programme 3D etc. And they are fully funded for that

So 20% of a potential bn barrel resource for £1.5m

Outstanding!

[skiboy10] 05/12/2017 18:18

Published on Dec 3, 2017

Brian Larkin, CEO of United Oil & Gas #UOG discusses their Latin-American farm in agreement and their Italian operational update.

United Oil & Gas (UOG) is an independent oil & gas start-up established in 2015. We are a former Tullow Oil team, with a strategy to acquire assets where the management team’s experience can drive near-term activity to unlock previously untapped value.



Well worth a listen sounds like a massive coup pulling off this deal with Tullow.

[skiboy10] 05/12/2017 18:14

!FOLLOWFEED


!YOUTUBEVIDEO:0t6RESLHetw:

[snickerdog] 05/12/2017 12:27

Interview with Brian Larkinhttps://youtu.be/wji9LTlPti0

[maverick247] 04/12/2017 21:33

Yes griffin the deal with tullow is outstanding and they get their share of the 2d seismic that tullow just spent $20m on for FREEIf thats not enough they are only committed to £1.5m for the 2018 work programme 3D etc. And they are fully funded for thatSo 20% of a potential bn barrel resource for £1.5m Outstanding!

[griffin81] 04/12/2017 19:34

I've taken a stake here and will look to add further as other investments mature. The deal agreed with Tullow Oil is exceptional, and for such a small company to achieve this speaks volumes. Don't think the market has realised how big this is, yet. Drill results later this week should be interesting also. From this start, UOG has a real chance now of becoming a rapid success.

[cpap man] 04/12/2017 18:55

HOLDINGS RNS out from UOG



Sasha Sethi Builds 3% United Oil & Gas [UOG] Stake Amid Italy Well Progress

United Oil & Gas PLC [UOG] said Monday Sasha Sethi has built a 3% stake in the oil and gas exploration and production company in a transaction on....

[parisv] 04/12/2017 11:44

Latin America and Africa, which Tullow are both in.