United Oil & Gas plc has issued five million new ordinary shares of £0.00001 each following notice to exercise warrants at £0.0015 per share, for £7,500. TVRs The warrants were issued as part of the company’s fundraising in December 2024. Following admission, United’s total voting rights will be 2,068,877,779. The company holds the Walton Morant […]
Tag: Walton Morant – Jamaica
United raises £800,000 for Walton Morant
United Oil & Gas plc has raised £800,000 via a conditional placing and subscription for 444,444,444 new ordinary shares of £0.00001 each, at £0.0018 per share. MEETING The placing raised £654,852 and an additional £145,148 was directly subscribed for with the company. United said that the fundraising was “significantly oversubscribed and was scaled back”. Every two […]
United awarded permit for Walton Morant survey
United Oil & Gas plc has been awarded an environmental permit and a beach licence for its planned offshore technical programme in the Walton Morant licence, offshore Jamaica. FRONTIER Work includes a piston core survey which will collect 40 to 60 seabed sediment samples from seafloor of the Walton and Morant basins. Analysis of the […]
United issues 2.5m shares
United Oil & Gas plc has issued 2.5 million new ordinary shares of £0.00001 each in a warrants exercise at £0.0015 per share, for £3,750. The warrants were issued as part of the company’s £700,000 fundraise in December 2024. Following admission, United’s total voting rights will be 2,063,877,779. The company owns the 22,400km2 Walton Morant […]
United issues 33m shares via warrants exercise
United Oil & Gas plc has issued 33 million shares of £0.00001 each in a warrants’ exercise at £0.001 per share, for £33,000. The warrants were issued as part of the December 2024 fundraise. The company said that, following the exercise, no £0.001 warrants remained outstanding. On admission, United’s total voting rights will be 2,061,377,379. The […]
United applies for Walton Morant survey
United Oil & Gas plc has submitted an application for a piston core survey on the 22,400km² Walton Morant licence, offshore Jamaica. FARM-OUT The licence contains more than 40 identified leads and prospects, of which 11 are independently estimated to hold over 2.4 billion barrels of unrisked mean prospective resources. United estimates that the exploration […]