
United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas
2 September 2025
United Oil & Gas plc
("United" or "the Company")
Walton Morant Licence - Grant of Beach Licence
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 that it has been Granted the Beach licence. This licence enables United to undertake seabed sampling operations within the Walton Morant Basin, offshore Jamaica
This milestone builds on the recent extension of the Walton Morant Licence to January 2028 and the granting of the Environmental Permit, announced on 24 July 2025, marking continued progress in United's permitting for the work program for the Jamaican licence.
The Beach Licence is a continuous licence and renews annually on the 1st April and authorises United to conduct a piston core survey in the foreshore and seabed areas and to collect seabed samples for geochemical analysis, an essential step in assessing hydrocarbon potential. These surveys will enhance United's technical dataset and are specifically designed to de-risk the licence by providing critical information to support prospectivity, including potential hydrocarbon indicators in the seabed. The sampling programme will support ongoing technical workstreams to further de-risk the licence.
Brian Larkin, CEO of United Oil & Gas, commented:
"The granting of the Beach Licence marks another important step forward in our efforts to unlock the potential of the Walton Morant Basin. Seabed sampling will provide valuable geochemical insights that support our technical evaluation and further enhance the prospectivity and value potential of the Walton Morant licence area. With parties engaged in the data room, this progress helps make the asset even more attractive to potential farm-in partners We are grateful to the Jamaican authorities for their continued support and look forward to advancing our work programme in the region."
**ENDS**
Enquiries | | |
United Oil & Gas Plc (Company) | | |
Brian Larkin, CEO | | |
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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 |
Optiva Securities Limited (Joint Broker) | | |
Christian Dennis | | +44 (0) 20 3137 1902
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Shard Capital Limited (Joint Broker) Damon Heath | Isabella Pierre | | +44 (0) 207 186 9900 |
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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
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