United Oil & Gas PLC's (LON:UOG) Brian Larkin talks to Proactive London's Katie Pilbeam about their recent discovery at the ASD-1X exploration well in the Abu Sennan licence and what it means for United.
On the production side, Larkin also explains the latest report on their output in the first three months of 2021 which was slightly ahead of guidance boosted by a new pipeline and a new well.
First quarter production averaged 2,520 barrels oil equivalent per day. This marks a 12% improvement versus the fourth quarter of 2020, with production growth driven by additional output being delivered through the ASH gas pipeline and recently the addition of the ASH-3 well.