United Oil & Gas Share Discussion Threads

[cpap man] 03/10/2017 15:45

UOG looking really rather good today!

[cpap man] 30/9/2017 10:30

Investors [perhaps GUN?] happy to buy the dips at UOG

[cpap man] 25/9/2017 12:45

UOG are now +21%

[cpap man] 25/9/2017 12:10

Corrected RNS now out maverick with as you have already stated AIM listed investment company Gunsynd Plc [GUN] taking a 3%+ stake in UOG

[maverick247] 25/9/2017 10:41

GUN take 3% TR1 rns went out under ukog by mistake, being corrected!

[cpap man] 20/9/2017 07:15

UNITED OIL & GAS PLC (formerly SENTERRA ENERGY PLC)



UNAUDITED INTERIM RESULTS

FOR THE SIX MONTH PERIOD ENDED 30 JUNE 2017



Management Report



United Oil & Gas Plc (the "Company") is pleased to announce the publication of its unaudited interim results for the six month period ended 30 June 2017, which will shortly be available on the Company's website www.uogplc.com



Senterra Energy Plc was originally formed to take control of, or invest in, businesses within the oil and gas sector, favouring companies with production and revenues which could result in scope for growth and attractive returns for shareholders. In July 2017, subsequent to the period covered by this report, the Company completed a reverse takeover of UOG Holdings Plc ("UOG"), and is now listed as United Oil & Gas Plc on the main market of the London Stock Exchange.



United Oil & Gas Plc's strategy is to acquire oil and gas licences in which we can actively influence near-term activity to unlock previously untapped value:



• The management team at UOG has a proven track record of successfully evaluating and recommending farm-in deals, and is actively seeking appropriate opportunities to acquire assets in which full value is currently not being realised.

• Once licences are acquired, we will use our experience in actively working operated and non-operated equity holdings to instigate activity and unlock identified additional value.

• Our primary focus is on the UK and Europe, where we can take advantage of our management team's experience and network of senior oil and gas executives, and also benefit from the stable political and fiscal systems in the region. However, we will consider assets in other countries and regions on an opportunist basis.

• The Company's aim is to build a portfolio of exploration, development and production assets, which our management team will actively manage and look for any opportunities to make enhanced returns to equity holders.

UOG's current portfolio comprises of:

· Waddock Cross Field Project (UK) - 26.25% stake; and

· Podere Gallina Project (Italy) - 20% stake.



In 2016, UOG acquired a stake in the PL090 licence, onshore UK, which includes: the Waddock Cross Field itself and the further exploration area within the PL090 licence. This was followed by a farm-in to the Podere Gallina licence, onshore Italy, in April 2017.


UOG continues to pursue further portfolio growth, with an active pipeline of opportunities across Europe currently under evaluation.

[euclid5] 19/9/2017 10:04

seems even their exploration assets are chasing small oil figures with 4mmbls OIP - x RF% then x their 19% WI

But lets see what their 3D seismic results reveal in 3Q17 before we make a decision

Waddock Cross only a net 320k Boe net to them - see page 12 on presentation

Even at £25 net/boe gives them just a NPV of £8m - still they should be cash generative from this

Surprised they are not targeting oil assets in the Triassic Sherwood Sandstone reservoir, which seem more promising- coming from the Wytch Farm oil field section

[cpap man] 19/9/2017 09:15

And from Tw*tt*r....



Vox Markets‏ @VOXmarkets 1 minute ago

See the latest United Oil & Gas #UOG PLC Corporate Presentation here > hxxps://www.voxmarkets.co.uk/static_files/multimedia/59c0cf612c4b0.pdf …

[cpap man] 19/9/2017 09:00

RNS out from UOG this morning....



19 September 2017

United Oil & Gas Plc

("UOG" or the "Company")

Corporate Presentation

The Board of UOG is pleased to advise that its new corporate presentation is available on the Company's website and from the following link:

hxxp://uogplc.com/assets/files/United%20Oil%20&%20Gas%20Corporate%20Presentation%20for%20Website%20Sept%202017%20Final.pdf



No material new financial or operational information is included in this publication.



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



United Oil & Gas Plc (Company)



Brian Larkin

[e-mail]

[euclid5] 18/9/2017 21:30

From UOG's website - seem small fish they are chasing at 4mmbls at 18.95% wi:

The Triassic Sherwood Sandstone reservoir is a particularly interesting target. In the neighbouring Wytch Farm Field, only 15km to the east, these same reservoirs have produced over 450mmbbls of oil. The prospects identified in PL090 lie in a similar structural setting to Wytch Farm, and are on a potential migration route for oil spilling out of the field to the west. Work by ERC Equipoise on the Broadmayne prospect suggests it has gross prospective resources of 4mmbbls.

hxxp://uogplc.com/uk-onshore-licence-pl090

Recent Presentation

hxxp://uogplc.com/assets/files/United%20Oil%20&%20Gas%20Corporate%20Presentation%20for%20Website%20Sept%202017%20Final.pdf

[maverick247] 13/9/2017 14:32

Not much lose stock weak placees cleared see this easy moving to over 4p with two drills coming and bod appraising assets

[maverick247] 04/9/2017 19:20

Id rather the company communicate with investors than stay silent like PATH now nearly half ipo priceThe italian license extension is material news and the seismic on waddock is also of material interest more importantly they are focused on new dealsEach to their own i suppose.Good update and progressing, what i want to hear

[maverick247] 25/8/2017 12:50

My bed and isa there 200k Added an additional 100k also

[cpap man] 23/8/2017 16:10

4.3M BUY @ UOG

[cpap man] 23/8/2017 08:20

Looks like SPREADEX went through 3% and 4% and now back to 3%

[cpap man] 23/8/2017 08:16

Wasn't around much but noticed this morning that there were Holdings RNSs for UOG yesterday afternoon ref: SPREADEX

[cpap man] 15/8/2017 08:40

Absolutely maverick247 and 2 drills could soon become more as our BODs the ex Tullow Oil guys are grafting away in these summer months to add additional exciting MEGA upside O&G projects for UOG!!!!

[maverick247] 14/8/2017 13:33

Two upcoming drills and currently reviewing a pf of $200m combined valueThink this is a cracking play for 5m cap and around 3.5 in cashExperienced BoD key which UOG have

[cpap man] 08/8/2017 12:50

LOL ravin146....you are most probably right but as luck would have it United Oil & Gas [UOG] are actually fully [standard] listed on the LSE

[ravin146] 08/8/2017 12:23

Ok gd to hear, AST has bigger potential imo than a ipo on aim.Gd lck

[cpap man] 08/8/2017 10:40

Nice piece on United Oil & Gas in the Sunday Business Post at the weekend: hxxps://lnkd.in/dQmWzfP

[cpap man] 07/8/2017 20:50

LOL NY Boy....remember that UOG have only been listed for one week!

[ny boy] 07/8/2017 19:25

CHAL better

[cpap man] 07/8/2017 19:20

However ravin146 there is one thing to add and that is simply that you can not compare the unfolding UOG story with the AST story or even the ZEN story....

They are all different stories that just happen to be within the O&G space....