United Oil & Gas Plc · LSE:UOG
United Oil & Gas — Investor Presentation (March 2024)
8 slides from United Oil & Gas's investor presentation, March 2024
Slide 1: United Oil & Gas Plc Management presentation
UNITED OIL & GAS Plc Management presentation March 2024 WWW.UOGPLC.COM
Slide 2: Disclaimer
UNITED OIL & GAS 2 DISCLAIMER This presentation (“Presentation”) is being supplied to you solely for your assumptions. respective directors, officers, partners, employees or advisers or any other information. The Presentation has been prepared by, and is the sole Certain statements, graphs, tables a
Slide 3: Summary
UNITED OIL & GAS Introduction| Management Presentation 3 SUMMARY STRATEGIC INVESTORS Egypt | Clear action to address issues TO SUPPORT • The decision to divest away from Egypt was taken due to the worsening economic climate GROWTH • Limited value in our share price for Egypt • United received a defa
Slide 4: Egypt – Re-focusing the Business
UNITED OIL & GAS Abu Sennan | Management Presentation 4 EGYPT – RE-FOCUSING THE BUSINESS • The decision to divest away from Egypt was taken due to the worsening economic climate o Significant cash was being lost due to foreign exchange charges when converting from EGP to USD • Collecting USD payment
Slide 5: Walton Morant, Jamaica - Recap
UNITED OIL & GAS Walton Morant Licence | Management Presentation 5 WALTON MORANT, JAMAICA - RECAP Onshore and offshore oil World-class frontier exploration opportunity seeps Excellent database Litchfield Seep (CGG, 2018) • Over $40m invested since 2014 • Modern 2D and 3D seismic in key areas of pros
Slide 6: Jamaica Work Programme 2024
UNITED OIL & GAS Walton Morant Licence | Management Presentation 6 JAMAICA WORK PROGRAMME 2024 World-class exploration opportunity Overview: 100% equity and operatorship in 22,400km2 licence • Following 2 year licence extension – the work programme for 2024 was area agreed with the Ministry of Scien
Slide 7: UK Onshore – Historic Field with Huge Potential Upside
UNITED OIL & GAS Waddock Cross Licence | Management Presentation 7 UK ONSHORE – HISTORIC FIELD WITH HUGE POTENTIAL UPSIDE • United holds a circa. 26.25% interest in Waddock Cross oil field, a past producing licence onshore UK • The Operator Egdon Resources completed a reservoir modelling work with e
Slide 8: Q&A
Q&A Management presentation | 06 March 2024 WWW.UOGPLC.COM
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