LONDON MIDDAY: FTSE 100 edges lower despite boost from oil stocks
23rd Nov 2023 11:49
(Alliance News) - The FTSE 100 in London was down at midday on Thursday, despite getting a boost from oil stocks. Read More
(Alliance News) - The FTSE 100 in London was down at midday on Thursday, despite getting a boost from oil stocks. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
United Oil & Gas PLC - oil and gas company focused on Egypt and Jamaica - Chief Financial Officer Peter Dunne announces intention to step down and leave company to become CFO at Dublin airport owner daa PLC. United expects Dunne to leave during the first quarter of 2024. Search process for new CFO commences with immediate effect; company will name an interim CFO "in due course". Dunne will remain available "over the coming months" to ensure a smooth transition. He was hired as CFO in early May 2022, moving from the same role at West Africa-focused Boru Energy Ltd. Previous roles include finance director at Origin Enterprises PLC. "I have thoroughly enjoyed my time at United working alongside such a strong team...I look forward to seeing continued progress being made in Jamaica and Egypt," Dunne comments. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - United Oil & Gas PLC on Wednesday said it has terminated its asset purchase agreement with Quattro Energy Ltd. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
United Oil & Gas PLC - oil and gas company focused on Egypt, the UK and Jamaica - Extends the long stop date of the asset purchase agreement with Quattro Energy Ltd to October 27. Asset purchase relates to the conditional sale of the UK Central North Sea Licence P2519 which contains the Maria discovery in Block 15/18 to Quattro. Read More
(Alliance News) - United Oil & Gas PLC on Tuesday said profit fell in the first half of 2023 as revenue also fell, while it plans further exploration work in the future. Read More
United Oil & Gas PLC - London-based oil and gas company with projects in Egypt, Italy and the UK - Says that Chief Operating Officer Jonathan Leather has notified the board of his intention to step down from his role, and as an executive director, as of August 31. Notes that while Leather will step back from day-to-day operational activity, given the status of the Jamaica farmout process, he will continue to provide support on a consultancy basis. Read More
(Alliance News) - United Oil & Gas PLC on Tuesday said it extended the long stop date of a planned licence sale. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - United Oil & Gas PLC on Tuesday said revenue fell in the first half of the year due to a lower realised oil price per barrel and lower production in Egypt. Read More
United Oil & Gas PLC - London-based oil and gas company with projects in Egypt, Italy and UK - Announces update on testing of ASD-3 development well in Abu Sennan licence onshore Egypt. Says 12.5 metres of net oil pay interpreted across the primary Abu Roash reservoir targets. 730 barrels of oil per day gross were achieved on a test from the Abu Roash E reservoir, and 684 bopd gross from the Abu Roash C reservoir. "This result has positive implications for the in-place volumes and future potential of the ASD Field," firm says. Read More
(Alliance News) - United Oil & Gas PLC on Thursday said it has agreed to extend the long stop date of its sale of the UK Central North Sea Licence P2519 to Quattro Energy Ltd. Read More
(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
United Oil & Gas PLC - London-based oil and gas company with projects in Egypt, Italy and the UK - Extends longstop date for the sale of UK Central North Sea licence P2519, which contains the Maria discovery in block 15/18e, to Quattro Energy Ltd. New longstop date is May 17, extended from April 16, to allow additional time for the asset purchase agreement conditions required for completion to be satisfied. Says a further update will be provided to the market in due course. Read More
United Oil & Gas PLC - London-based oil and gas company with projects in Egypt, Italy and the UK - Extends longstop date for the sale of UK Central North Sea licence P2519, which contains the Maria discovery in block 15/18e, to Quattro Energy Ltd. New longstop date is May 17, extended from April 16, to allow additional time for the asset purchase agreement conditions required for completion to be satisfied. Says a further update will be provided to the market in due course. Read More
(Alliance News) - United Oil & Gas PLC on Tuesday said that operations at the Abu Sennan licence are progressing well, as drilling begins at the ASD-3 development well. Read More