United Oil & Gas Management Presentation
UNITED OIL & GAS Walton Morant Licence | Management Presentation
JAMAICA WORK PROGRAMME 2024
World-class exploration opportunity
Overview:
Hertford
Retreive 1
Content 1
Santa Cruz-1
Cockpit-1
Windsor-1
Portland Ridge-1
•
•
Following 2 year licence extension - the work programme for 2024 was
agreed with the Ministry of Science, Energy, Telecommunications and
Transport ("MSETT")
Appointment of Country Manager to oversee work now complete with
Herona Thompson in post
Planning underway for the acquisition of a piston core survey to sample
trace of hydrocarbon that have naturally leaked to the surface
Ongoing dialogue with prospective farm-out partners
Colibri
406mmbbls
Mapping of Colibri
lookalikes on vintage
2D data
Thunderball
603 mmbbls
Continuing technical work has focused on
how we can maximise the existing data-set,
and what the potential follow-on would be
after an initial exploration success
2.4 Billion
barrels unrisked mean
prospective resources (2)
>406 mmbbls
Colibri drill-ready prospect
prospective resources (1)
$3.9 Billion
Standalone success-case
NPV for Colibri at $80 oil (3)
1 Unrisked Mean Prospective Resources per GaffneyCline Report, 2020; 22.4Bnbbls is UOG's arithmetic sum of the Unrisked
Mean Prospective Resources for each prospect/lead; 3 United calculation based on development concepts by OPC; Definitions:
mmbbls - million barrels of oil
C
D
F
E
High quality reservoir analogues
sampled in the onshore
1234567
0
GCA PRR 2020 Prospect/Lead
Additional leads
Raw
xxx
45Km
6
100%
equity and
operatorship in
22,400km2 licence
area
10 15 20
25 30 35
05
10
Optimising
3D seismic
data quality
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