United Oil & Gas Share Discussion Threads

[mcpaulas] 23/7/2019 08:00

Egypt is very unstable at the moment. Cancellation of flights prove how dangerous and unstable it is.

[soulsauce] 23/7/2019 07:59

Brilliant news. Another big building block for the company to even bigger things and what looks like a very promising deal with BP as well.

[2prsimo] 23/7/2019 07:58

Hence the appointment of a joint broker

[mcpaulas] 23/7/2019 07:55

They have a lot of fingers in a lot of pies that will need funding.This deal is going to need funding.Are they trying to run before they can walk.They are going to need a lot of cash.Dilution is going to be massive.

[bobby1904] 23/7/2019 07:38

This is a massive deal. Maybe it will shut up all the moaning derampers. Hope they choke on their cornflakes this morning!!

[bountyhunter] 23/7/2019 07:35

Also from RKH

"Abu Sennan has been an excellent asset for Rockhopper, but with activity ramping up during 2019 ahead of the formal loan application for the senior debt element of our core Sea Lion development, we have decided this is the moment to sell..."

[cpap man] 23/7/2019 07:30

From the RKH RNS this morning....

"Any Consideration Shares held by Rockhopper in United are subject to certain lock-up and orderly market disposal provisions for a period of up to 12 months from completion."

[bountyhunter] 23/7/2019 07:24

"The transaction is expected to complete during Q4 2019 with the effective date being 1 January 2019."

So production of over 1,100 bopd attributable to UOG from Jan 1st 2019! ☺️

[bountyhunter] 23/7/2019 07:23

Yes, every time I look there's another lol!

[cpap man] 23/7/2019 07:21

Bloody typical....you wait ages for an RNS and then 4 turn up all at once!

[bountyhunter] 23/7/2019 07:18

"United Oil & Gas Plc (AIM: "UOG"), the AIM listed oil and gas exploration and development company, announces that, following recent announcements in relation to the conditional acquisition of the Rockhopper Egypt Pty Ltd and the associated fundraising, management will be hosting an investor conference call at 12pm on July 23(rd) , 2019, where it will discuss the proposed transaction and offer investors an opportunity to ask questions regarding the deal and the Company's future plans.

To participate in this conference call, please dial [phone] and enter participant pin 1348408# when prompted to do so.

All lines will be muted with the exception of Company management, however the Company will be conducting a Q&A session at the end of the call."

[bountyhunter] 23/7/2019 07:15

shares could double on relisting imho, current market cap only £11m, $16m purchase but adding low cost production of over 1,100 boepd net low-cost production with 2.64mmboe net 2P Reserves

[bountyhunter] 23/7/2019 07:14

Third RTO for me after SQZ and RRE 😀

"Proposed Transaction would be a Reverse Takeover ("RTO") under the AIM Rules and therefore United's shares have been suspended pending the publication of an AIM admission document"

[pauliewonder] 23/7/2019 07:09

No wonder it took so long. Need time to digest but on the face of it looks fantastic. Like the offtake agreement element and the cashflow part.

[jimmya1986] 23/7/2019 07:05

Wow.... huge RNS but suspension for a while by the looks of things

[maverick247] 22/7/2019 19:14

Look at the boys running this company Nuff said Multi bagger without a doubt

[cpap man] 22/7/2019 14:55

Risked = 11.4p

Un-risked = 51p

[cpap man] 22/7/2019 14:33

Very bullish new research BUY note out @ UOG from Value The Markets [as seen over on Tw*tt*r]

[kevd1986] 19/7/2019 08:08

Work in the Oil and Gas industry myself, haven't personally worked on Anasuria myself but people I have spoke to previously have always spoke highly of the Anasuria FPSO. Former Shell asset and already has a fairly long field life. Certainly makes me feel more comfortable that they will get a success from the crown Asset.

[fbrj] 19/7/2019 00:41

I thought BL sounded and looked confident (mind you he always does!).This Crown deal is exactly what he has been talking about. Credit to him and the team for delivering.On to the next one.....

[fbrj] 19/7/2019 00:37

Yes I heard that too....sort of slipped out!

[the manini] 18/7/2019 23:18

Yeah I clocked onto that. The last time Brian gave a clue like that it was spot on so I'm definitely now expecting some more news within a few weeks.

[snickerdog] 18/7/2019 22:54

Excellent interview, he says next news in two / couple weeks ??