REG - United Oil & Gas PLC - SGE Programme Offshore Jamaica Completed

United Oil & GasAnnouncement

02/03/2026 07:00

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RNS Number : 8140U  United Oil & Gas PLC  02 March 2026

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

 

02 March 2026

 

United Oil & Gas plc

("United" or "the Company")

 

United Completes SGE Programme Offshore 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 its Seabed Geochemical
Exploration ("SGE") programme, including the final Stage 3 piston core survey,
within the Walton-Morant Licence offshore Jamaica.

 

The SGE programme represents a key operational step toward further de-risking
the Walton-Morant Licence and progressing discussions with interested parties.

 

Highlights

 

·   All 3 stages of the SGE survey completed safely and as planned within
the Walton-Morant Licence offshore Jamaica

·   Stage 1 - Multibeam Echosounder (MBES) successfully completed with
1,189 line kilometres of high-quality data acquired and processed

·    Stage 2 - Heat flow probe data acquired in both the Walton and Morant
basins

·    Stage 3 - Based on the integration of the MBES data with existing
seismic data, 42 piston coring sites were selected. During piston coring
operations seabed sediment was successfully recovered from all 42 selected
locations.

 

The piston core samples are now being prepared for shipment to TDI-Brooks
laboratories in the United States where they will undergo geochemical analysis
to test for the presence of thermally derived hydrocarbons. Initial laboratory
results are expected in the coming weeks.

 

Results will be integrated with existing datasets to support continued
advancement of United's technical evaluation and further de-risking of the
Licence area. Positive results are expected to strengthen the Company's data
room materials and support discussions with interested parties.

 

The Company will provide further updates in due course.

 

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

 

"Completing the SGE programme safely and as planned is an important milestone
for United and the Walton-Morant Licence. The recovery of seabed sediment
cores at all 42 selected locations is a fantastic achievement, and we look
forward to receiving the results of the laboratory analysis and to integrating
them into our subsurface work shortly.

At the same time, we will continue to progress discussions with potential
partners with the objective of advancing towards a potentially
transformational offshore exploration drilling phase for Jamaica."

Illustrative imagery from the programme, including a multibeam echosounder
three-dimensional seabed visualisation and photographs of vessel and piston
coring operations, is included below.

 

Figure 1: A three-dimensional, perspective view of the high quality MBES
bathymetry data acquired in the Walton Basin (illustrative).

 

Additional Information

"On the Rocks" podcast episode 2, where United discuss the completed Stage 1
MBES and next steps of the SGE Jamaica survey 2026 is available to view here:

https://youtu.be/dMAtCalsI-o (https://youtu.be/dMAtCalsI-o)

 

"On the Rocks" podcast episode 1, where United discuss the Evidence for an
active Petroleum System offshore Jamaica, is available to view here:

https://youtu.be/Ui9krmLFXp4 (https://youtu.be/Ui9krmLFXp4)

 

**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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