Jamaica

Jamaica

Jamaica 2022 Map Regional

We are and oil and gas company. United’s business model is to hold assets within the oil and gas life cycle to deliver value for the shareholders. 

In Jamaica, the Walton-Morant licence is a 22,400km2 offshore exploration licence. It offers high-impact frontier exploration opportunity with the potential to open an entirely new hydrocarbon frontier.

Jamaica

Barrels unrisked mean/mid case unrisked prospective resources

7

billion

Number of Prospects & Leads > 100 MMBO Mean/Mid Case Prospective Resource in Size

21

3D Seismic data

>2,250

km2

Walton-Morant licence: 22,400km2 | United equity: 100%

This is a 22,400km2 offshore exploration licence, located to the south of the island of Jamaica.

This frontier exploration licence benefits from excellent data coverage, including 2,250km2 of 3D data, and this has helped define multiple plays and prospects and material prospectivity within the acreage. Over 7 billion barrels mean/mid case recoverable unrisked prospective resources have been identified within the Walton Morant licence area. This estimation is based on United’s arithmetic sum of the mean/mid case prospective unrisked resources for each prospect and lead identified by United and previous operators. The licence area includes 21 prospects leads each containing more than 100 million barrels of oil potential. The largest of which potentially contains more than 1.1 billion barrels mid case unrisked prospective recoverable resources.

There are 11 high graded prospects and leads included in the Gaffney Cline and Associates Prospective Resources Report which contain over 2.4 billion barrels of recoverable unrisked mean prospective resources potential, including both 3D-defined prospects and 2D leads.

Walton-Morant licence

Interest:

100%

Operational Phase:

Exploration

Operator:

United Oil & Gas

Our high-impact exploration asset with a drill ready prospect. High quality 3D seismic supports compelling evidence for a working petroleum system


7 billion

barrels of unrisked mean/mid case unrisked prospective resources

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