Note that the license covers 22,400 sq km, as compared to ~25 sq km for a typical US offshore lease block.
“In Jamaica, the farm-out of our high impact exploration licence with 2.4 billion barrels of unrisked mean prospective oil resource is picking up pace with a timetable for receipt of indicative offers due in Q2 2023.
In Jamaica, as part of the licence extension that was granted, technical studies that have provided additional positive support to the farm-out process have been completed
United Oil and Gas
