United Oil & Gas CEO Brian Larkin
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
Also in this section
18 December 2024
The December/January issue of Petroleum Economist is out now!
17 December 2024
Structurally lower GDP growth and the need for a different economic model will contribute to a significant slowdown
17 December 2024
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy
17 December 2024
The incoming administration is expected to quickly change-up the LNG approvals process and boost several major projects to FID. But market fundamentals still matter
