The leading independent portfolio management consultancy specialising in Acquisition, Advisory & Divestment Services for the upstream international oil and gas community.

Offshore Jamaica:
Walton Morant Block

Tullow Jamaica Limited (“Tullow”) and United Oil & Gas plc, through its wholly owned subsidiary UOG Jamaica Ltd (“United”), are offering a select group of companies the opportunity to acquire an interest in the Walton Morant Block, a highly prospective frontier block of 32,065 km2 area located offshore south of Jamaica.


Key points:

  • Acquire up to a 50% interest in a very large, highly prospective block, located in a frontier region with a proven hydrocarbon system and multiple play types;

  • The Colibri Prospect in 750 m water comprising a
    combination trap of highly porous limestones with an
    associated low seismic velocity anomaly, having potential
    recoverable resources of 372 MMbbls (Pmean) and
    951 MMbbls (P10), planned to be drilled in 2021;

  • The Oriole Prospect with a stratigraphic trap of reworked
    grainstone reservoir with a prominent seismic amplitude
    anomaly and having potential recoverable resources of
    156 MMbbls (Pmean) and 370mmbbls (P10);

  • Numerous follow-on prospects and leads, including the
    Moonraker Prospect (in the Morant Basin), with potential
    recoverable resources of 218 MMbbls (Pmean) and
    615 MMbbls (P10);

  • Highly favourable fiscal terms.

Contact us for more details: Phone: + 44 (0) 20 7493 1977
                                             Email: info@stellarlimited.com

 

 

 
 
 
 
 
 
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