Client NewsUnited Oil and Gas plc: ASX-1X Well & 2022 Egyptian Drilling Programme Update
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 announce an update on the drilling of the ASX-1X exploration well in the Abu Sennan licence, onshore Egypt.
– ASX-1X exploration well encountered at least 10m net pay in a number of oil-bearing reservoirs
– Completion of the well and well-testing is now planned, and if successful, will be followed by an application to the Egyptian General Petroleum Corporation (“EGPC”) for a development lease
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