United Oil & Gas — Corporate Update (September 2021)

4 slides from United Oil & Gas's corporate update, September 2021

Slide 1: Operational Update
Operational Update September 2021 www.uogplc.com AIM: UOG
Slide 2: Abu Sennan Licence – Onshore Egypt
Abu Sennan Licence – Onshore Egypt Abu Sennan Licence (operated by Kuwait Energy Egypt) ▪ United 22% net working interest ▪ 7 producing fields H1 2021 Activity ASD ASA ▪ H1 2021 production averaged 2,730 boepd net to United, above H1 Al Jahraa guidance of 2,300-2,500 boepd ▪ 3 successful wells: AJ-S
Slide 3: ASH Production
ASH Production ▪ There are 3 wells currently producing from the ASH field ▪ ASH-1ST2, ASH-3, ASH-2 ASD ASA ▪ The proportion of water to oil being produced has increased on all three wells Al Jahraa El Salmiya ▪ At ASH-2 this has increased at a faster rate than expected and has resulted in a AJ-SE pr
Slide 4: Abu Sennan Forward Plans
Abu Sennan Forward Plans ASH ASX-1X ASA-4 ▪ Continue to work with the operator to look at options for improving and stabilising the increased water-cut at ASH AJ-13 ▪ Includes using reservoir modelling to optimise choke size, the possibility ASQ ASZ-South of chemical solutions, and the use of Electr