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Jersey Oil and Gas PLC's Lansdell believes Verbier is a 'material project'

Ron Lansdell, Jersey Oil and Gas PLC’s chief operating officer, explains to Proactive just why the market is so excited about its forthcoming Verbier well.
Jersey has just upgraded its resource estimate for the North Sea project following additional work by its competent person, consultant ERC.
Statoil will drill the well in the summer and Lansdown says having such a world class operator as a partner underlines how material the project may become.
"We are confident about the North Sea and hopefully will find an excellent sized resource that can be developed a standalone project."

 
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