UMW Oil & Gas – TP: RM0.80

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The News ●UMW Oil & Gas Corporation Bhd (UMWOG) has been awarded two new contracts from Petronas Carigali for the provision of drilling services as part of Petronas Carigali’s drilling programme. ● NAGA 3 will be contracted for 5 firm wells with the option to drill additional 1+1+1+1+1+1 wells (total: 6) whereas NAGA 4 is contracted to drill 2 firm wells with optional 1+1+1 wells (total

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