| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Brian Edward Andrew Larkin CEO | XFRA Exchange | GB00BYX0MB92 ISIN |
| DE Country | 9 Employees | - Last Dividend | 18 Mar 2024 Last Split | - IPO Date |
United Oil & Gas Plc is an expansive entity focused on the exploration, development, and production of oil and gas reserves. The company operates across multiple geographical locations including the United Kingdom, Egypt, Europe, and Latin America, indicating a diverse and strategic approach to its operations. Established in 2015 and with its headquarters in Dublin, Ireland, United Oil & Gas Plc has shown a commitment to expanding its reach and capabilities within the global energy sector. Through its various subsidiaries, the company is able to manage and progress its interests in several significant oil and gas licenses, positioning itself as a pivotal player in the industry.
United Oil & Gas Plc's core activities revolve around the exploration and development of oil and gas. By utilizing advanced technology and methodologies, the company aims to identify and exploit hydrocarbon reserves, thereby contributing to meeting the global energy demand. These activities are carried out across its operation sites in the United Kingdom, Egypt, Europe, and Latin America, highlighting its widespread presence and expertise in the field.
This license encompasses the Waddock Cross oil discovery located onshore UK, near the south coast of England. By holding interests in this license, United Oil & Gas Plc engages in the development and production of the discovered oil reserves. The strategic location of Waddock Cross positions the company favorably within the UK's energy market, allowing it to potentially bolster local oil production and contribute to the country's energy sustainability.
Held in partnership in the south of Jamaica, the Walton-Morant license represents United Oil & Gas Plc's interests in exploring and extracting hydrocarbon reserves outside of the traditional oil and gas landscapes. This venture into Jamaican waters showcases the company's commitment to geographic diversification and its ambition to be a part of developing emerging oil and gas markets in Latin America and the Caribbean.