AIM-listed United Oil & Gas, the oil and gas company with a high-impact exploration asset in Jamaica and a development asset in the UK, has announced that an updated technical presentation entitled 'Evidence for a Petroleum System - Jamaica Licence' has been published on the Company's website.
The presentation offers a concise and focused update on the Walton-Morant licence's prospectivity, showcasing the extensive technical dataset that underpins the farm-out process currently underway.
While it builds on previously shared investor materials, this latest version offers a more geoscientifically led perspective, providing added insight into:
- The extensive technical de-risking undertaken by the Company across the block
- Evidence of a working petroleum system based on historical wells and regional analogues
- Key features of the Colibri prospect and the multiple surrounding leads & prospects
- The value-adding role of forward-looking technical work, including potential piston core surveying
The presentation can be accessed directly via the Company's website: https://www.uogplc.com/investors/presentations/
Brian Larkin, CEO of United Oil & Gas, commented:
'We are pleased to share this updated technical summary, which reinforces the Walton-Morant licence's status as one of the most attractive frontier exploration opportunities in the region. With several parties under NDA, momentum behind the farm-out process remains strong. I encourage all investors to take the opportunity to review the updated presentation and see the potential strength and scale of the opportunity we are advancing.'
Source: United Oil & Gas
