News and Press

TDI Brooks has entered into a Memorandum of Understanding (MOU) with United Oil & Gas Plc. to provide their survey vessel R/V GYRE for a geotechnical and surface geochemical program off the coast of Jamaica. The GYRE will conduct a piston coring and surface geochemical exploration (SGE) survey within the Walton Morant license, gathering 40-60 seabed cores from the Walton and Morant Basins, in addition to bathymetric, multibeam (MBES), and heat-flow surveys.

On the way to Trinidad for a project awarded in that area, TDI Brooks plans to deploy the GYRE later this quarter for the undertaking in Jamaica. Field operations are expected to continue for a duration of two (2) to three (3) weeks, with completion projected within a brief operational timeframe and initial analytical results anticipated between late Q4 2025 and early Q1 2026.

Highlights:

• MOU signed with TDI Brooks International to secure a vessel for Q4 2025 piston coring and surface geochemical survey
• Program to collect 40–60 seabed cores across the Walton and Morant Basins, alongside bathymetric, multibeam, and heat-flow surveys
• Field operations expected to last two to three weeks, with mobilization planned for Q4 2025
• Execution during this window enables material cost savings, as the TDI Brooks vessel will transit via Jamaica en route from Trinidad
• Critical de-risking step supporting ongoing farm-out discussions and shareholder value creation
  

  Survey Scope and Schedule

  The piston coring and surface geochemical campaign, to be undertaken by TDI Brooks International, forms a key part of United’s forward work program under its extended license to January 2028. The survey will involve the collection of 40–60 seabed core samples across the Walton and Morant Basins, accompanied by bathymetric, multibeam echo-sounding, and heat-flow surveys.

  The data will be analyzed for geochemical and thermal signatures to confirm the presence of thermogenic hydrocarbons, assess source rock maturity, and refine basin modeling, materially enhancing the definition of key prospects, including Colibri and Oriole.

  Following formal contract execution, which is expected to take place shortly, TDI Brooks will mobilize the vessel later this quarter. Field operations are expected to last for two to three weeks, with completion anticipated within a short operational window and initial analytical results expected in late Q4 2025 to early Q1 2026.

  Brian Larkin, Chief Executive Officer of United Oil & Gas, commented: “Securing the vessel agreement with TDI Brooks is a decisive move that takes United from preparation into execution. The piston coring and geochemical survey will deliver vital new data to confirm the presence of hydrocarbons and materially de-risk the Walton Morant Basin. With a short operational window and high regional demand for vessels, it was essential that we move now to secure capacity. This program represents a pivotal value catalyst for United, and we strongly anticipate it to strengthen our technical position, accelerate farm-out discussions, and demonstrate our commitment to driving tangible shareholder value through disciplined, timely execution.”

  CONTACT US: Contact Us – TDI Brooks International