United Oil & Gas (UOG)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.23p
   
  • Change Today:
      0.015p
  • 52 Week High: 1.85
  • 52 Week Low: 0.16
  • Currency: UK Pounds
  • Shares Issued: 1,156.35m
  • Volume: 21,149,908
  • Market Cap: £2.60m
  • RiskGrade: 324

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United Oil signs new consultancy deal with Iman Hill

By Josh White

Date: Tuesday 30 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Jamaica and UK-focussed energy company United Oil & Gas announced a new consultancy arrangement with its non-executive director Iman Hill on Tuesday, to support the advancement of its Jamaican project.
The AIM-traded firm said Hill was bringing a wealth of experience as a petroleum engineer, with 30 years of expertise in the oil and gas industry.

It said her global experience spanned technical and commercial facets, including field development, capital projects, commercial negotiations, farm-outs, and production operations across regions such as the Middle East, North and West Africa, South America, the Far East, and the North Sea.

Notably, Hill had held key roles with industry giants like BP, Shell, BG Group, and Dana Gas, where she served as technical director, general manager of the United Arab Emirates, and president of Egypt, among other executive positions.

Under the consultancy agreement, Hill would provide her services to United for an initial period of three months, with the option for an extension by mutual agreement or termination with one month's written notice.

The consultancy fees would be commensurate with the scope of her role, and any expenses would be subject to prior agreement.

During the assignment, Hill would work from the Dublin office.

"Iman is a valued member of our board and I am pleased that she has agreed to provide additional support to the Jamaican project during this pivotal phase as we advance our work programme and the farmout process," said chief executive officer Brian Larkin.

"Iman's extensive experience of farm-outs will greatly benefit the team in the months ahead, and I'm excited to collaborate with her."

At 1546 BST, shares in United Oil & Gas were up 0.81% at 0.19p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

UOG Market Data

Currency UK Pounds
Share Price 0.23p
Change Today 0.015p
% Change 7.14 %
52 Week High 1.85
52 Week Low 0.16
Volume 21,149,908
Shares Issued 1,156.35m
Market Cap £2.60m
RiskGrade 324

UOG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.17% above the market average96.17% above the market average96.17% above the market average96.17% above the market average96.17% above the market average
97.33% above the sector average97.33% above the sector average97.33% above the sector average97.33% above the sector average97.33% above the sector average
Price Trend
97.21% below the market average97.21% below the market average97.21% below the market average97.21% below the market average97.21% below the market average
92.5% below the sector average92.5% below the sector average92.5% below the sector average92.5% below the sector average92.5% below the sector average
Income Not Available
Growth
85.12% above the market average85.12% above the market average85.12% above the market average85.12% above the market average85.12% above the market average
80.39% above the sector average80.39% above the sector average80.39% above the sector average80.39% above the sector average80.39% above the sector average

UOG Dividends

No dividends found

Trades for 31-May-2024

Time Volume / Share Price
16:24 21,817 @ 0.21p
16:05 200 @ 0.24p
15:34 500,000 @ 0.21p
14:28 586,430 @ 0.21p
14:26 5,000,000 @ 0.22p

UOG Key Personnel

CEO Brian Larkin

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