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United Oil & Gas partners with BP on 'attractive and highly profitable' new Egypt assets

United Oil & Gas PLC's (LON:UOG) Brian Larkin caught up with Proactive London's Andrew Scott after announcing further details on the timeline for its acquisition of Rockhopper’s Egypt business.

The deal will see UOG producing some 1,100 barrels oil equivalent per day (boepd) of net production plus it also delivers ‘low risk’ development and appraisal upside.

Quick facts: United Oil & Gas PLC

Price: 1.325 GBX

AIM:UOG
Market: AIM
Market Cap: £8.2 m
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