Updated Technical Presentation - Walton-Morant
Updated technical presentation published for Walton-Morant licence Jamaica with farm-out process underway.
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United Oil & Gas Plc (AIM: "UOG"), the oil and gas company with a high-impact exploration asset in Jamaica and a development asset in the UK, is pleased to announce 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:
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."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.