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RNS Number : 4953M United Oil & Gas PLC 30 April 2024
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas
30 April 2024
United Oil & Gas plc
("United" or "the Company")
Iman Hill appointed as Consultant for Jamaica
United Oil & Gas Plc (AIM: "UOG"), the oil and gas company with a high
impact exploration asset in Jamaica and a development asset in the UK is
pleased to announce that Iman Hill, United's Non-Executive Director, has
agreed to provide consultancy services to support the progress of the Jamaican
project.
Iman is a Petroleum Engineer with 30 years' experience in the oil and gas
industry with extensive global expertise in the technical and commercial
aspects of the petroleum business, in particular field development, capital
projects, commercial negotiations, farm-outs and production operations. Iman's
experience has been gained in the Middle East, North and West Africa, South
America, the Far East, and the North Sea. Iman has worked in a number of
diverse settings from onshore to ultra-deep water with companies that include
BP, Shell, BG Group and Dana Gas, where as well as her role as Technical
Director, GM UAE and President Egypt, she also ran one of the Egyptian joint
ventures as Managing Director and Board member of the Egyptian Bahraini Gas
Derivatives Company.
The Company has signed a consultancy agreement with Iman (the "Agreement") for
an initial period of three months, which can be extended by mutual agreement
or terminated by giving not less than one month's written notice. The
consultancy fees will be commensurate with the role and any expenses must be
agreed in advance. Iman will work in the Dublin office for the period of this
assignment.
United Chief Executive Officer, Brian Larkin commented:
"Iman is a valued member of our board and I am pleased that she has agreed to
provide additional support to the Jamaican project during this pivotal phase
as we advance our work program and the farmout process. Iman's extensive
experience of farm-outs will greatly benefit the team in the months ahead, and
I'm excited to collaborate with her."
END
This announcement contains inside information for the purposes of Article 7 of
Regulation 2014/596/EU which is part of domestic UK law
pursuant to the Market Abuse (Amendment) (EU Exit) regulations (SI 2019/310).
Enquiries
United Oil & Gas Plc (Company)
Brian Larkin, CEO brian.larkin@uogplc.com (mailto:brian.larkin@uogplc.com)
Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish | Felicity Geidt | Asia Szusciak +44 (0) 20 7628 3396
Tennyson Securities (Joint Broker)
Peter Krens +44 (0) 20 7186 9030
Optiva Securities Limited (Joint Broker)
Christian Dennis +44 (0) 20 3137 1902
Camarco (Financial PR)
Andrew Turner | Emily Hall | Sam Morris +44 (0) 20 3757 4983
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.
Notes to Editors
United Oil & Gas is an oil and gas company with a development asset in
the UK and a high impact exploration licence in Jamaica.
The business is led by an experienced management team with a strong track
record of growing full cycle businesses, partnered with established industry
players and is well positioned to deliver future growth through portfolio
optimisation and targeted acquisitions.
United Oil & Gas is listed on the AIM market of the London Stock
Exchange. For further information on United Oil and Gas please
visit www.uogplc.com (http://www.uogplc.com)
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