Petroleum Africa
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Thursday, January 14, 2021
United Oil & Gas PLC (AIM: “UOG”), the full-cycle multinational oil and gas company, offers a quarterly production update for the period to the end of 2020.
All of United’s production for the period was from the Kuwait Energy Egypt (“KEE”) operated Abu Sennan License, Egypt, in which United holds a 22% working interest. This data will vary quarter on quarter as development, appraisal and exploration operations continue.
United Chief Operating Officer, Jonathan Leather commented: “The Abu Sennan asset continues to perform strongly. With the ASH gas pipeline coming onstream at the end of the year, 2021 has already seen a boost to production, with c.220 boepd of additional gas now being captured on a net basis.
“United are looking forward to further potential production additions from Abu Sennan in 2021, with a number of activities planned. Drilling at ASH-3, the first of a multi-well program, is currently underway, with results from this well due in Q1.”
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