Client News
United Oil and Gas Plc: Completion of sale – Italian assetFurther to the announcements of 7 April 2022 and 10 August 2021 United Oil & Gas PLC is pleased to announce that the sale of 100% of the share capital of UOG Italia Srl to PXOG Marshall Limited, a subsidiary of Prospex Energy PLC for a consideration of €2,164,701 has now completed, having received the final approvals from the Italian Authorities. UOG Italia Srl holds a 20% non-operated interest in the Podere Gallina licence, which contains the Selva gas development project.
https://www.londonstockexchange.com/news-article/UOG/completion-of-sale-italian-asset/15406558
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