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12 April 2021 | 07:51am StockMarketWire.com - Oil company United Oil & Gas reported a rise quarterly production, underpinned by recently acquired assets in Egypt. Output for the three months through March had risen to 2,520 barrels of oil equivalent per day, up 12% compared to the fourth quarter of 2020. United Oil & Gas said the quarterly production rate was slightly above previously provided guidance for the 2021 first of of between 2,300 and 2,500 boepd. All of the companys production for th...

8 March 2021 | 09:43am StockMarketWire.com - Cash shell Nu-Oil and Gas said it had agreed to acquire pirate-deterrent product maker Guardian Maritime and Guardian Barriers for a combined £4 million. Guardian products could be retro-fitted onto the guard rails of maritime vessels and served as a visual deterrent for pirates. They also had proven to be impregnable for pirates to board vessels fitted with this technology by using the tools and tactics they employ, Nu-Oil and Gas said. The company...

United Oil & Gas says Egypt development well finds oil