Indie sees upstream opportunity in Jamaica
United is seeking farm-out partners for the large Caribbean block
Ireland-based, London-listed United Oil & Gas is the only company active in Jamaica’s frontier upstream. CEO Brian Larkin explained to Petroleum Economist why he believes the Caribbean nation has enormous potential and discussed his firm’s strategy. United has been in operation for only eight years and was founded by former Tullow Oil staff. The company’s primary asset is a 22,400km2 frontier exploration licence, known as Walton-Morant, located south of Jamaica’s Central Coast. The licence—which comprises the entire southern block—was previously held by Tullow, and United now owns 100%. United is engaged in a farm-out process for the Jamaican licence, with plans to start drilling in 2025
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