FTSE 100 closes lower on Trump fears; miners take a hit
The FTSE 100 is off over 60 points as US shares dive on infrastructure concerns
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.
267 stories · page 12 of 14
The FTSE 100 is off over 60 points as US shares dive on infrastructure concerns
Some the largest rises and fall at 3pm: ValiRx, Faron, Jersey Oil
FTSE 100 stocks, just like Wall Street, defied soothsayers’ prognoses that investors didn’t much like a threadbare speech to Congress from US President Donald Trump overnight, and pledged their vote to his spending ambitions as record heigh
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A look at the world of junior oil and gas stocks this week
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A glance at some of the stories on the Proactive newswire today
The main risers and fallers around 2.45pm included Brave Bison, Metal Tiger, PCG, Entertainment ...
"We are pleased to report the continued progress being made by Statoil in preparation for drilling the Verbier prospect this summer," said chief executive Andrew Benitz.
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Around 3.15pm, the UK blue chip index was up over 21 points at 7,299, not far from the day’s peak of 7,307, and well above the day’s low of 7,253.
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The first week back brought little in the way of news but there was plenty of analyst coverage across the sector.
Archive
A glance at some of the stories on the Proactive newswire today
The Statoil funded Verbier well, due this summer, will be one of the key catalysts for Jersey Oil & Gas, according to Arden Partners.
All but two of the 20 biggest risers this year were Aim stocks,and all but two of the biggest fallers were also listed on Aim.
The North Sea explorer is issuing 1,45mln new shares priced at 110p each, a relatively small 6.8% discount.
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Robert Keith, a major stakeholder in Silence Therapeutics and a noted investor in high-tech companies, has a 13% stake in blur
Statoil plans to drill the North Sea exploration well in 2017, which according to Malcolm Graham Wood, makes Jersey Oil & Gas one to watch in the sector.
“We are delighted to confirm the company's participation in a well to be drilled on the highly material and prospective Verbier prospect," says Jersey chief executive Andrew Benitz.
Sirius Minerals concluded a fundraising, while Sound made a significant gas find
Shares in explorer Amur Minerals soared on Monday after it announced a tie with Chinese nickel giant Jinchuan
FTSE 100 shares narrowly missed out on a record closing high on Tuesday after slipping back from record levels thanks to renewed Brexit fears which sent the pound below $1.23, as well as growing expectations of a US rate hike this year. Ear