Middle East / Africa
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16 Apr 24 |
Egypt: United Oil & Gas announces receipt of Egyptian receivables of $1 million in USD AIM-listed United Oil & Gas has announced an update in relation to Egyptian receivables. United has received a payment from Egyptian General Petroleum Corporation ('EGPC') for USD $1 million. The funds will be used to extinguish the debt and leave the Company debt free while the paperwork to withdraw from Abu Sennan concession is finalised. |