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Company exploring oil and gas in Jamaica gets two-year extension

The Ministry of Science and Energy has granted a two-year extension to United Oil and Gas Plc (UOG) to continue oil and gas exploration activities in the Walton Morant Basin offshore Jamaica. The agreement will expire on January 31, 2026.

A lifeline for United Oil & Gas - Jamaica Observer

KINGSTON, Jamaica-Following its submission to the Government of Jamaica for an extension of its oil exploration licence in November last year, United Oil & Gas has confirmed that the Ministry of Science, Energy, Telecommunications and Transport has granted an additional two years to its licence covering the Walton Morant basin. In a release posted on its website Monday, the full-cycle oil and gas company advised that the final agreement on.

United Oil & Gas shares rally on Jamaica extension

United Oil & Gas shares rally on Jamaica extension
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