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A glance at some of the stories on the Proactive newswire today
Company
LON:JOG
Jersey Oil and Gas PLC is a UK E&P company focused on building an upstream oil and gas business in the North Sea. The company holds a 50% interest in each of licences P2498 and P2170 in the UK Central North Sea referred to as the "Greater Buchan Area". Licence P2498 contains the Buchan oil field and J2 oil discovery and licence P2170 contains the Verbier oil discovery.
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A glance at some of the stories on the Proactive newswire today
A look at the biggest risers and fallers among London-listed small cap stocks
Drilling is due to start in August, with the programme slated to take 30-70 days.
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Day ahead: Barclays and RBS to post good numbers but scandals won't go away
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Week ahead: Huge for blue chip announcements with four high street banks, the UK’s two pharma giants, mining titans Anglo and BHP and restaurant to coffee chain Whitbread just a few of those updating.
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A glance at some of the stories on the Proactive newswire today
Arden analyst Daniel Slater today repeated a ‘buy’ recommendation for the North Sea exploration company.
The farm-out deal saw the AIM quoted explorer retain an 18% stake in the project, and Statoil commit to pay Jersey’s share of drilling costs, up to US$25mln on the first well.
Small caps need action because investors need opportunities to speculate
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A glance at some of the stories on the Proactive newswire today
Statoil has contracted the Transocean Spitsbergen rig for a programme of three wells.
Parkmead has taken all of the Sanda exploration prospects located in the Faroe-Shetland Trough, to north east of Hurricane Energy's Lancaster field.
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A glance at some of the stories on the Proactive newswire today
WH Ireland analyst Brendan Long set a new target price of 378p, suggesting about 22% upside to the Jersey target price.
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A look back at the week’s highlighted news for junior oilers
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Akers shares shot nearly 60% higher earlier in the week after it revealed that First Check Diagnostics will sell its rapid, over-the-counter cholesterol self-test through a raft of top US retailers
Hurricane announced what appears to be the largest undeveloped oil discovery on the UK continental shelf, just days before Theresa May triggered Brexit.
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A glance at some of the stories on the Proactive newswire today
Main share price rises and falls at 3.30pm: Jersey Oil and Gas, Beowulf Mining
Partner Statoil is slated to lead an exploration well on Verbier prospect in the summer.