REG - United Oil & Gas PLC - Jamaica Update: Completion of Stage 1 MBES Survey

United Oil & GasAnnouncement

16/02/2026 07:00

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RNS Number : 0319T  United Oil & Gas PLC  16 February 2026

  United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas

 

16 February 2026

United Oil & Gas plc

("United" or "the Company")

 

Completion of Stage 1 MBES Survey - Walton-Morant Licence, Jamaica

 

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 the successful completion of Stage 1 of its Surface
Geochemical Exploration ("SGE") programme, comprising the multibeam
echosounder ("MBES") survey, on the Walton-Morant Licence offshore Jamaica.

 

Highlights

·      Stage 1 MBES survey phase successfully completed offshore Jamaica

·      High-quality seabed bathymetry data acquired across approximately
1,189 km

·      Data to support final selection of Stage 2 heat-flow and Stage 3
piston core sampling locations

·      Survey vessel has recommenced offshore operations to progress the
next phases of the SGE programme

 

Stage 1 (MBES) of the SGE programme has successfully acquired high-quality
seabed bathymetry data across approximately 1,189 km on priority areas of the
licence. The MBES data provide detailed definition of seabed morphology and
will support the final selection of optimal locations for subsequent seabed
heat-flow measurements (Stage 2) and targeted piston core sampling (Stage 3).

 

Following completion of the MBES phase, the survey vessel R/V Gyre returned to
Kingston for equipment reconfiguration and has since departed to recommence
offshore operations.

 

Stage 2 will comprise seabed heat-flow measurements, followed by Stage 3
targeted piston core sampling. A further update will be provided upon
completion of offshore operations.

 

The SGE programme is designed to provide independent, basin-scale evidence of
active hydrocarbon systems and will form an important input into United's
ongoing technical evaluation of the Walton-Morant Licence and commercial
discussions relating to the Walton-Morant Licence.

 

 

Brian Larkin, CEO of United Oil & Gas, commented:

 

"The successful completion of the Stage 1 MBES phase represents an important
operational milestone in our Jamaica SGE programme. The quality of the
bathymetry data acquired provides a robust foundation for the next stages of
the survey, enabling informed selection of heat-flow and piston core
locations.

As we move into Stage 2 and Stage 3, this work is designed to further de-risk
the licence. We look forward to advancing offshore operations to progress
through the next  phase of the SGE programme."

 

Additional Information

A recent discussion with CEO Brian Larkin outlining progress of the SGE
programme and next steps is available to view here:

https://www.youtube.com/watch?v=PDHGGdWz9pY
(https://www.youtube.com/watch?v=PDHGGdWz9pY)

 

 

**ENDS**

 

 

 Enquiries
 United Oil & Gas Plc (Company)
 Brian Larkin, CEO                                      brian.larkin@uogplc.com

 Beaumont Cornish Limited (Nominated Adviser)
 Roland Cornish | Felicity Geidt | Asia Szusciak        +44 (0) 20 7628 3396

 Tennyson Securities (Joint Broker)
 Peter Krens                                            +44 (0) 20 7186 9030

 Shard Capital Limited (Joint Broker)                   +44 (0) 20 7186 9900

 Damon Heath | Isabella Pierre

 

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

 

 

 

Notes to Editors

United Oil & Gas is an oil and gas company with a development asset in
the UK and a high impact exploration licence in Jamaica.

 

The business is led by an experienced management team with a strong track
record of growing full cycle businesses, partnered with established industry
players and is well positioned to deliver future growth through portfolio
optimisation and targeted acquisitions.

United Oil & Gas is listed on the AIM market of the London Stock
Exchange. For further information on United Oil and Gas please
visit www.uogplc.com (http://www.uogplc.com)

 

 

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