Client NewsUnited Oil & Gas plc: Walton-Morant Licence in Jamaica Extended
United has extended the licence term for the highly prospective Walton-Morant licence offshore Jamaica by a further 18 months until 31 January 2022. As signalled prior to the end of the initial licence term which expired on 31 July 2020, the original operator Tullow Oil,
elected not to proceed to the next stage of the licence and has relinquished its 80% interest. As such, United will now conduct further near term exploration activity on the acreage on the basis of a 100% interest with a view to introducing potential farm-in partners in order to
expedite future exploration drilling activity.
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