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Is Jamaica on the verge of an oil boom, or is it just wishful thinking? In this video, we dive into the ongoing developments surrounding oil and gas exploration in Jamaica, particularly focusing on the Walton-Morant Licence. United Oil & Gas Plc has been conducting exploratory drilling, but so far, no commercial discoveries have been made. Despite this, the company remains optimistic, pointing to Jamaica's promising resource potential and active hydrocarbon systems. Join us as we explore the latest updates, including statements from Jamaican Energy Minister Daryl Vaz, who recently addressed rumors of an oil discovery. We'll also compare Jamaica's potential with the successful Stabroek block in Guyana and discuss what this could mean for the island's future. Whether you're an investor, a local resident, or just curious about Jamaica’s oil prospects, this video will give you an inside look at what’s really happening with oil exploration in Jamaica. #andrewholness #jamaica #jamaicanewstoday #politics #jamaican #oildrilling #oil