Jersey Oil and Gas details Buchan’s “significant” oil resources, future farm-outs eyed
The Rockflow assessment details a near 100mln barrel 'hub' project, meanwhile, however, Equinor has decided against taking 50% of the venture.
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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Malcy's Blog: Oil price, JOG, Genel, BPC – And finally…
Malcy's Blog: Oil price, JOG, Genel, BPC – And finally…
Jersey Oil & Gas hires Rockflow and Petrofac as it advances Buchan project
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Jersey Oil and Gas results boast strong cash position and transformative Buchan acquisition
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Jersey Oil and Gas formally awarded Greater Buchan acreage
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Seismic data will be available in the coming weeks and Equinor will re-evaluate the remaining potential for the Verbier discovery