United Oil raises £3m to fund new ventures

Irish exploration company United Oil and Gas has said it is evaluating “a number” of potential projects after raising gross proceeds of £3m (€3.4m) in a share placing to fund development work.

United Oil raises £3m to fund new ventures
Wed, 19 Sep, 2018 - 08:00

Geoff Percival

Irish exploration company United Oil and Gas has said it is evaluating “a number” of potential projects after raising gross proceeds of £3m (€3.4m) in a share placing to fund development work.

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