AIM_listed United Oil & Gas, the oil and gas company with a high impact exploration asset in Jamaica and a development asset in the UK, has announced the publication of its audited results for the year ended 31 December 2025, extracts from which are set out below.  The final audited results are being posted to shareholders and will shortly be available on the Company's website at https://www.uogplc.com

Highlights Full Year 2025

Financial Summary

Post Period End

Brian Larkin, CEO, commented:

'2025 was a landmark year for United. We set out to build the foundations necessary to advance the Walton-Morant Licence and delivered on every objective: the licence extended to January 2028, regulatory approvals secured, the SGE programme fully contracted and funded, and the survey vessel mobilised in January 2026. Every stage of the programme was executed safely and without incident. In a year that required discipline, focus and operational rigour, United demonstrated it can deliver and to a standard that matters in this industry.

The SGE survey was completed safely and subsequent analysis identified C4 and C5 hydrocarbons (butanes and pentanes) in select piston cores within the headspace interstitial gas dataset. United noted that these higher order hydrocarbons are not typically associated with biogenic gas systems and are therefore consistent with a potential thermogenic contribution.

The broader environment could not be more compelling for what United offers. Frontier exploration returned to the top of the agenda for the world's major oil companies during 2025 and into 2026, with high-impact opportunities in stable, well-governed jurisdictions attracting renewed and serious capital across multiple basins globally. The strategic value of Atlantic-facing acreage with direct access to major markets has been fundamentally repriced, and Jamaica sits squarely in that category. As a result, our farm-out strategy has gained momentum and we are encouraged by the calibre of the counterparties under NDA, reflecting both the quality of the asset and the work we have done to advance it. We are focused on converting that into the right outcome for our shareholders.'

Original announcement link

Source: United Oil & Gas