United Oil & Gas Plc announced on 14 January 2020 that it is still looking for an additional partner for Walton-Morant license - covers Blocks 6, 7, 9, 10,11,12,17, 25, 26, 27, and a portion of 1, exploration program expected to start 2021 on the Colibri Prospect. Companies are reviewing the data. The Production Sharing Agreement (PSA), operated by Tullow Jamaica received approval for a six-month extension for the initial exploration period. The partners have until 31 July 2020 to drill an exploration well and comply with the commitment. The interest holders are the operator Tullow with 80% and United Oil & Gas with the remaining 20%.  United Oil & Gas Plc reported on its Final Audited Results for the year ended 31 December 2018, plans to open a data room for a farm-in for the Walton-Morant license. More details have not been released.   On 22 February 2019, United Oil & Gas reported that the Competentâ s Personâs Report (CPR) prepared by a third party for the license, has increased the gross unrisked mean oil prospective resources for the Colibri Prospect to 229 MMstb recoverable from 219 MMstb. According to Tullowâs 2018 Annual Report, the operator plans an exploration well during 2020.   The Walton Morant license blocks are in water depths ranging from 20 m to 2,000 m in the Morant Basin and the Walton Sub-basin.     As of 2      March 2018, the Petroleum Corporation of Jamaica ('PCJ') has granted      its approval of the assignment and terms of the 20% working interest from Tullow Jamaica Ltd in the      Walton-Morant License to United      Oil & Gas (UOG) with the effect date of 1 March 2018. Tullow was      granted nine-month extension to the exploration phase in November 2017 to      allow time to complete a proposed 3D seismic program which Tullow      indicated would be started on the Colibri Prospect in March 2018.    On 12      November 2014, Tullow signed a Production Sharing Agreement (PSA) with the      Government of Jamaica through the PJC. The Walton Morant license covers      blocks 6, 7, 9, 10,11,12,17, 25, 26, 27, and a portion of 1. The contract      is effective from 1 November 2014 and commits Tullow to low cost studies,      reprocessing seismic work, and the option to acquire new 2D and 3D seismic      in the initial three-and-a-half-year exploration phase to a drill or drop      decision in 2018. Tullow is believed to be seeking a partner on the blocks.     As of 14 May 2018, the Polarcus Ltd. completed the 2D seismic acquisition. The company used the M/V âPolarcus Adiraâ seismic vessel which arrived in Kingston Jamaica in late March 2018. The program was announced by Science, Energy and Technology Minister Dr. Andrew Wheatley at the opening ceremony of a three-day Natural Gas Conference held at the Jamaica Pegasus hotel in New Kingston on 4 October 2017.
United Oil & Gas Plc announced on 14 January 2020 that it is still looking for an additional partner for Walton-Morant license - covers Blocks 6, 7, 9, 10,11,12,17, 25, 26, 27, and a portion of 1, exploration program expected to start 2021 on the Colibri Prospect. Companies are reviewing the data. The Production Sharing Agreement (PSA), operated by Tullow Jamaica received approval for a six-month extension for the initial exploration period. 