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United Oil & Gas Plc ( (GB:UOG) ) has shared an update.
United Oil & Gas Plc has made significant progress in planning its technical programme for the Walton Morant Licence in Jamaica, having completed key preparatory work and secured necessary environmental permits. The company is now poised to advance into the next operational phase, with the final Beach Licence approval expected soon. This progress enhances the asset’s technical and commercial positioning, supporting ongoing farm-out discussions and operational readiness.
More about United Oil & Gas Plc
United Oil & Gas Plc is an oil and gas company with a development asset in the UK and a high-impact exploration licence in Jamaica. The company is led by an experienced management team with a strong track record of growing full cycle businesses, partnered with established industry players. United Oil & Gas is listed on the AIM market of the London Stock Exchange.
Average Trading Volume: 48,899,365
Technical Sentiment Signal: Sell
Current Market Cap: £3.9M
For an in-depth examination of UOG stock, go to TipRanks’ Overview page.