Jersey Oil and Gas takes full ownership of Verbier ahead of GBA farm-out launch
"This acquisition increases JOG's discovered resources, adds material value and exploration upside in addition to useful tax losses," chief executive Andrew Benitz said
Company
Jersey Oil and Gas PLC
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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Jersey Oil & Gas tipped to reward investors as Buchan advances
“We believe that the backdrop for Jersey is extremely positive," said analyst Brendan Long.
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Malcy's Blog - Jersey Oil & Gas (LON:JOG), Chariot Oil & Gas (AIM:CHAR)
Jersey Oil & Gas (LON:JOG) Interims from JOG this morning, the only key number is the strong cash position of £8.9m at the year end which is £1m ahead due to cost discipline. The key highlights in the period include ‘significant progress in
Jersey Oil and Gas boasts strong cash position as it advances Greater Buchan project closer towards development
"The Greater Buchan Area is a multi-faceted project and it is exciting to see the results of the hard work of our project team now coming together,” said Andrew Benitz.
Jersey Oil & Gas tipped for substantial upside as it advances expanded Buchan project
WH Ireland's fair value is pitched more than double the AIM-share’s current price of around 130p.
Jersey Oil and Gas expands Greater Buchan project area via UK licensing round
Adding the new acreage helps advance the Greater Buchan Area project closer to development
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Malcy's Blog - Oil price, JOG, Echo, President, SDX
WTI $31.96 +31c, Brent $34.65 -16c, Diff -$2.69 -30c, NG $1.83 +5c Oil price Would you believe it, WTI expired with a whimper not a bang, few injuries were reported as the market was left to the professionals rather than the cowboys. At the
Jersey Oil & Gas will attract admirers as it advances Buchan project - broker
Verbier will now form part of a larger field development slated for production in around five years.
Jersey Oil & Gas completes deal to take back Verbier stake from Equinor
It is one step in the consolidation of multiple valuable but modest discoveries into a hub development project, to be known as the Greater Buchan Area project
Jersey Oil & Gas is well placed financially and strategically says broker
Jersey is advancing the Greater Buchan project in the UK North Sea.
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Malcy's Blog - Oil price, JOG, Aminex, GMS, Getech
Oil price A properly big day yesterday across the board, even natural gas joined in as a return to some sense of, albeit slow, return to normality was seen. Parts of the USA, India, Italy and Spain went back to work increasing demand number
Jersey Oil and Gas highlights transformational 2019 as Buchan project continues to advance
The North Sea project is presently estimated to host some 120mln barrels of resources across four discoveries, plus another 232mln barrels of prospective resources
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The Pay Zone - Oil price, RockRose, DGO, JOG, Petrofac
Jersey Oil & Gas (LON:JOG) I don’t normally write up board advisory appointments but the news today that Dr Chris Haynes has joined JOG is more than worth it. Highly respected in the industry, a NED of both Woodside and Worley after his lon
Jersey Oil and Gas bolsters expertise as it eyes progress for GBA projects
Dr Chris Haynes has 39 years’ experience in the industry, much of which was gained at Shell, where he was responsible for the delivery of the blue-chip's major upstream projects worldwide
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Today's Oil & Gas Update - Union Jack Oil, Curzon Energy, Jersey Oil & Gas and more...
Oil & Gas Daily Flow Non-Independent Research; Marketing & Sales Commentary - MiFID II exempt information – see disclaimer below Market Update: Wedesday 18 March 2020
Jersey Oil and Gas “fully funded” to advance Greater Buchan project
Jersey ended December with £12.3mln of cash, had no debt and it will shortly seek a partial sale of project equity in the Greater Buchan project
Jersey Oil & Gas to lead a technical and commercial evaluation of Greater Buchan Area of the North Sea
The AIM-listed firm said it will assess whether a collaboration between the companies holding licences in the vicinity would result in a decrease in cost and an increase in value
Jersey Oil & Gas's Verbier deal bolsters Greater Buchan project and tees up new farm-out process
Jersey's chief executive Andrew Benitz said the company is now “well placed” to advance its development plans for the GBA.
Jersey Oil & Gas picks up 70% of Verbier discovery in deal with Equinor
Chief executive Andrew Benitz said the company is now “well placed” to advance the company’s development plans for the wider Greater Buchan Area project
Will Jersey Oil & Gas be the next small-cap DIY oiler in the North Sea?
Jersey will advance its appraisal and development planning efforts for the Greater Buchan Area.