Question 1

What did United Oil & Gas plc report on 10 September 2026 about the Walton-Morant licence?

Accepted Answer

United Oil & Gas plc published findings after completing the rig and a long-lead availability assessment for the NRG Well Management rig for the Walton-Morant licence in Jamaica, including support for Colibri drilling and possible follow-on at Thunderball.

Question 2

What did United Oil & Gas plc's subsurface geochemical exploration survey find on 28 February 2026?

Accepted Answer

United Oil & Gas plc's SGE survey completed on 28 February 2026 identified C4 and C5 hydrocarbons (butanes and pentanes) in selected piston cores, interpreted as consistent with a potential thermogenic contribution.

Question 3

What is United Oil & Gas's stake and the STOIIP estimate at Waddock Cross?

Accepted Answer

United Oil & Gas holds a 26.25% non-operated interest in Waddock Cross, where independent reservoir modelling estimates 57 million barrels STOIIP and a potential horizontal well modelled to target 500–800 bbl/d gross.

Question 4

What market update did United Oil & Gas plc make on 3 July 2026 after its £500,000 placing?

Accepted Answer

On 3 July 2026, United Oil & Gas plc announced the admission of newly issued shares to trading on AIM and provided updated total voting rights following its £500,000 placing.

Question 5

How much cash did United Oil & Gas plc raise to progress its Jamaica farm-out discussions?

Accepted Answer

United Oil & Gas plc raised £500,000 via a placing to progress its farm-out discussions for its Jamaica exploration licence.

Question 6

Which asset does United Oil & Gas plc identify as its core near-term asset?

Accepted Answer

United Oil & Gas plc identifies its Jamaica exploration licence as its core near-term asset.

Timeline

United Oil & Gas

United Oil & Gas commissions drilling study for Jamaica licence

United Oil & Gas raises £500,000 in placing to fund farm-out push

Segro shares jump as Prologis goes public with £12.6 billion takeover approach

United Oil & Gas's Jamaica exploration case boosted by latest analysis

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