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An update from United Oil & Gas Plc ( (GB:UOG) ) is now available.
United Oil & Gas Plc has finalized a settlement of a legacy liability with Rockhopper Exploration Plc by issuing 59,523,810 new shares at £0.001 per share. This strategic move allows the company to concentrate on advancing its high-impact exploration project in Jamaica, which is a part of its core strategic priorities aimed at delivering shareholder value.
More about United Oil & Gas Plc
United Oil & Gas Plc operates in the oil and gas sector, with key assets including a development asset in the UK and a high impact exploration license in Jamaica. The company is led by a seasoned management team that focuses on portfolio optimization and strategic acquisitions to foster growth. United Oil & Gas is listed on the AIM market of the London Stock Exchange.
YTD Price Performance: 2.11%
Average Trading Volume: 39,844,912
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £1.81M
For a thorough assessment of UOG stock, go to TipRanks’ Stock Analysis page.