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Bénin adds another great prospect to an already exciting portfolio - United Oil's CEO

Brian Larkin, chief executive of United Oil & Gas PLC (LON:UOG), caught up with Proactive London's Andrew Scott after announcing an expansion of its asset portfolio - adding a frontier exploration project in West Africa.

UOG's inked an option deal which will allow it to acquire a 20% stake in the Bénin Onshore Block B.

Quick facts: United Oil & Gas PLC

Price: 2.88 GBX

AIM:UOG
Market: AIM
Market Cap: £18.16 m
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United Oil & Gas positioned as 'only full life cycle E&P producer listed on AIM'

United Oil & Gas PLC's (LON:UOG) Brian Larkin explains to Proactive London's Katie Pilbeam how Rockhopper Exploration PLC (LON:RKH) sold its entire 18.3% stake in UOG to a small number of institutional investors and one private investor in a placing. Larkin also talks about their...

2 weeks, 3 days ago

2 min read