Shares in Irish exploration company United Oil and Gas surged by nearly 10% on the back of drilling at one of its UK licences uncovering a "bonus" discovery.

Exploration company United Oil and Gas is open to a secondary share listing in Dublin, although such a move is not in the company's immediate plans.

Irish exploration company, United Oil and Gas, is considering applying for further UK licences, as part of that country’s latest North Sea licensing round.

Europa Oil and Gas, the British exploration company active off the west coast of Ireland, is looking to drill at its flagship asset close to the Corrib gas field next year.

Newly-floated exploration company United Oil and Gas (UOG) will consider acquiring licences offshore Ireland in the medium-term, after building cash reserves and executing a near-term expansion plan in mainland Europe.

Dublin-based exploration company United Oil and Gas (UOG) is to take a share listing on the London Stock Exchange via a reverse takeover of British company Senterra.