United Oil & Gas Plc (LON:UOG) told investors that a seismic acquisition programme has now begun at the Tullow Oil plc (LON:TLW) operated Walton-Morant licence, offshore Jamaica.
The company said in a statement that the Polarcus Adira vessel began data acquisition work on April 3 and the acquisition programme is expected to take around 8 weeks to complete.
It explained that the work is designed to focus on advancing the ‘high-graded’ Colibri exploration prospect.
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"We are very pleased with progress to date on our Jamaica licence and we look forward to seeing the initial results,” said chief executive Brian Larkin.
“We will update shareholders on completion of the survey in approximately eight weeks.
“In addition, we continue to evaluate similar high impact licences in neighbouring regions, which we believe could offer transformational growth opportunity, as we look to develop our business".
United owns a 20% stake in the Walton-Morant licence, and its recent farm-in deal gives it the option to acquire a further 10%.