Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An update from United Oil & Gas Plc ( (GB:UOG) ) is now available.
United Oil & Gas Plc has successfully raised £140,000 through a capital raise with an existing shareholder, enhancing its working capital. This funding supports the company’s ongoing farm-out process at its Walton-Morant Licence in Jamaica, where multiple parties are conducting due diligence, reflecting confidence in United’s strategic direction.
More about United Oil & Gas Plc
United Oil & Gas Plc operates in the energy sector, focusing on oil and gas exploration and development. The company is involved in projects such as the Walton-Morant Licence offshore Jamaica, indicating a market focus on international energy resources.
Average Trading Volume: 58,035,296
Technical Sentiment Signal: Sell
Current Market Cap: £2.87M
See more insights into UOG stock on TipRanks’ Stock Analysis page.