United Oil & Gas Plc (GB:UOG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
United Oil & Gas Plc has successfully completed its withdrawal from the Abu Sennan concession in Egypt, enabling the company to focus on its core projects in Jamaica and the UK. The resolution of outstanding financial matters will result in a net receivable of approximately USD $620,000. This move allows United to concentrate on growth opportunities and advancing its Jamaican exploration program.
For further insights into GB:UOG stock, check out TipRanks’ Stock Analysis page.
