Investegate |United Oil & Gas PLC Announcements | United Oil & Gas PLC: Material Upgrade to Abu Sennan Reserves
United Oil & Gas PLC (AIM: "UOG"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to provide the following reserves update on the Abu Sennan concession, onshore Egypt (the "Licence"). Highlights: · Independent reserves and resources report, relevant to end 2020, by Gaffney Cline & Associates ("Independent Reserves Report") indicates material increase in reserves at Abu Sennan: o 24% increase in Abu Sennan Gross 2P Reserves to 16.8 MMboe (15% gas) fr...