South America / GoM
Country summary: Jamaica
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Jamaica - recent news
|03 Aug 20
||Jamaica: United Oil & Gas acquires Tullow's interest in the Walton Morant licence offshore Jamaica
AIM-listed United Oil & Gas has received approval from the Jamaican Government to take forward the Walton Morant Licence, Jamaica, on a 100% operated basis, with the assignment of Tullow's 80% equity. A work programme is underway to further de-risk the Colibri prospect and other targets ahead of a drill decision and a farm-out process is ongoing.
|14 Jan 20
||Jamaica: United Oil & Gas announces update on Walton Morant licence, offshore Jamaica
JV partner United Oil & Gas has announced that the Initial Exploration Period for the Tullow-operated Walton Morant licence, during which a drill or drop decision is required, has been extended by a further six months. A farm-down effort being led by Tullow is in progress, with the aim of bringing in an additional partner(s) for exploration drilling in 2021 on the Colibri prospect.
|21 Feb 19
||Jamaica: CPR upgrades offshore Jamaica prospect to 229 million barrels on Tullow Oil-operated Walton-Morant licence
JV partner United Oil & Gas reports that an independent CPR prepared by ERC Equipoise for the Tullow Oil-operated Walton-Morant licence, offshore Jamaica, has resulted in an increase in Gross Unrisked Mean Oil Prospective Resources for the undrilled Colibri prospect to 229 MMstb recoverable from 219 MMstb, and an increase in the geological chance of success.
|13 Aug 18
||Jamaica: United Oil & Gas announces delivery of fast track 3D seismic data on Tullow Oil-operated licence, offshore Jamaica
United Oil & Gas has announced that the fast track version of the recently acquired 3D seismic dataset over the Walton-Morant licence offshore Jamaica, has been delivered by the operator, Tullow Jamaica. Encouragingly, the high-grade Colibri target, which had previously been mapped on 2D seismic, has been clearly identified on the fast track version of the 3D seismic dataset.
|14 May 18
||Jamaica: United Oil & Gas announces completion of 3D seismic acquisition on Tullow-operated Walton-Morant licence, offshore Jamaica
United Oil & Gas has announced the completion of a 2,250 sq km 3D seismic acquisition survey over the Tullow Oil-operated Walton-Morant licence, offshore Jamaica, which includes the high-graded Colibri target. Subject to the results of the seismic survey, an exploration well could be drilled in 2020-2021.
Jamaica - more news