KINGSTON, Jamaica — United Oil & Gas Plc (AIM: UOG) has successfully concluded an extensive three-phase seabed geochemical exploration initiative within its Walton-Morant licence area, located offshore Jamaica. This strategic operation represents a critical step in the company’s ongoing efforts to de-risk the asset and bolster its technical portfolio ahead of advanced partnership discussions.
The comprehensive programme was executed without safety incidents and included three core components: a multibeam echosounder survey covering 1,189 line kilometres of seabed, heat flow probe measurements across both the Walton and Morant geological basins, and a targeted piston coring campaign. Samples were successfully retrieved from all 42 pre-selected locations on the ocean floor.
The collected sediment cores are now scheduled for shipment to TDI-Brooks International laboratories in the United States. There, they will undergo detailed geochemical analysis to detect the presence of thermally derived hydrocarbons—key indicators of potential petroleum systems. Initial findings from the laboratory are anticipated within the next several weeks.
Upon receipt, these new geochemical datasets will be integrated with the company’s existing seismic and geological information. This synthesis is expected to significantly enhance the technical evaluation of the licence’s prospectivity. Positive outcomes could substantially strengthen the data package presented to potential partners, as United Oil & Gas advances negotiations regarding a future offshore drilling campaign.
Brian Larkin, Chief Executive Officer of United Oil & Gas, described the completion of the survey as a pivotal operational milestone. He emphasized that the forthcoming laboratory results will be instrumental in refining the company’s subsurface understanding and strategic planning for the high-potential Jamaican asset.
United Oil & Gas maintains a diversified portfolio, including a development asset in the United Kingdom and this high-impact exploration licence in Jamaica. The company is publicly traded on the AIM, a sub-market of the London Stock Exchange.