United has announced that it has successfully negotiated an 18 month extension to its Walton Morant licence, offshore Jamaica, in what could be a pivotal moment for the Company. United will assume a 100% working interest, and will complete a work programme to further de-risk the high-graded Colibri prospect ahead of a drill-or-drop decision in 2022. We view the award of the Walton Morant licence as a huge endorsement of the United team and its capabilities to operate a frontier, deepwater licenc ....
03 Aug 2020
Cenkos: United Oil & Gas Plc - Making an Impact


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Cenkos: United Oil & Gas Plc - Making an Impact
United Oil & Gas Plc (UOG:LON) | 2.9 0 (-1.7%) | Mkt Cap: 18.1m
- Published:
03 Aug 2020 -
Author:
James McCormack -
Pages:
12 -
United has announced that it has successfully negotiated an 18 month extension to its Walton Morant licence, offshore Jamaica, in what could be a pivotal moment for the Company. United will assume a 100% working interest, and will complete a work programme to further de-risk the high-graded Colibri prospect ahead of a drill-or-drop decision in 2022. We view the award of the Walton Morant licence as a huge endorsement of the United team and its capabilities to operate a frontier, deepwater licenc ....