Share Name Share Symbol Market Type Share ISIN Share Description
Jersey Oil&Gas LSE:JOG London Ordinary Share GB00BYN5YK77 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.50p -1.16% 212.50p 210.00p 215.00p 215.00p 212.50p 215.00p 18,288.00 11:44:34
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 4.1 -1.4 -29.2 - 21.07

Jersey Oil&Gas Share Discussion Threads

Showing 276 to 300 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
16/3/2017
22:10
That 50,[email protected], reported after hours this afternoon, is actually a trade from Tuesday 14th March. It was almost certainly a purchase.
mesquida
16/3/2017
15:57
Thanks oilretire, let's hope we hear about the rig soon, the previous Talisman well does seem to be a positive and Statoil must think highly of the prospect to have progressed it so rapidly. After Trap's run of bad luck perhaps fortunes are due to change!
rogerlin
16/3/2017
10:45
rogerlin15 Mar '17 - 20:50 - 275 of 281 0 0 Surely Fugro Galaxy already did the site survey, does that not mean the well location already planned?, My take - Fugro Galaxy site survey would only cover the seabed survey i.e. sussing out where its safe to lay anchors for a semi, jack down legs on a jack up as well as safe spud locations on seabed surface. The comment regarding well location not yet finalised will refer to the sub surface target.
oilretire
16/3/2017
10:26
mesquida sorry, i was a bit wrong here - the shares seems to be up more than 400% since Oct 5, 2016. so not a bad advice then............and maybe not a bad advice today.......? it is all about risk/reward and clearly the downside is rather significant at £22m market cap if the 74% probability kicks in. however, as i stated in Oct 2016, IF Statoil is successful, then also 200p for Jersey is cheap, without any doubt at all. so i have not changed my mind - and so far i have done really well with this. i hope you can agree.
baner
16/3/2017
08:27
It is not nervousness - it is logical. Since oct 2016 the shares are up.....2-300%? At 200p the shares are clearly cheap IF Statoil confirm a major find. There is a 74% risk they will not.
baner
16/3/2017
07:38
You have certainly changed your tune since your posting of 5/10/16 Fly me to the moon! Take off just commenced - 200p next stop and still cheap if Statoil confirm major oil find. Fasten your seat belts. And you wrote this when the price of oil was significantly lower. Why the sudden bout of nervousness now ?
mesquida
16/3/2017
07:18
Mesquida Statoil has the resources to play the statistics: if they do four of these projects one will create massive value and three will be worthless. Still a good net. For Jersey, they only have one chance in this and there is, they state, a 74% risk this is a worthless bet. So you should not compare Statoil with Jersey in this - there is a Huge difference. The stock market is valuing Jersey weighing the potential risk against the ditto reward and is willing to loose £22m on a bad outcome. That is not a cheap ticket.
baner
16/3/2017
06:17
baner, interesting that Statoil were so keen to farm-in, sort of puts a different spin on it, does it not ?
mesquida
15/3/2017
22:10
If there is a 26% probability of commercial success at verbier, there seems to be a three times greater likelyhood that both Verbier and Jersey are worthless ? If you add to that the risk of the oil price coming down again, the risk/reward with Jersey valued at ca £22m does not seem that attractive?
baner
15/3/2017
20:50
Surely Fugro Galaxy already did the site survey, does that not mean the well location already planned? The latest presentation shows the location of 20/5a-10Y on the edge of the "Verbier fan" (slide 12) but not sure how that fits to the prospect outline on other pictures.
rogerlin
15/3/2017
15:39
From Edison today...... In 2006, the Buchan field operator Talisman drilled the 20/5a-10Y well to the north west of Buchan and adjacent to Verbier. Talisman was primarily interested in targeting the deeper Jurassic Sgiath formation, but the well also tested younger Late Jurassic sands of an equivalent age to those interpreted to be in the Verbier prospect at 4804b/d and 2.6mmscfd. It is therefore possible that the Exploration watch | 15 March 2017 1010Y well tagged the edge of Verbier and that this has de-risked the prospect. The key risk to the play is considered to be the lateral seal, with the Kimmeridge Clay source established in the region and good reservoir found in 20/5a-10Y. The company estimates a GCoS of 26% for the well. The well location is not yet finalised, but will target the thickest sands in the fan system. A site survey has been completed and a rig tender process is underway. The well will have a TD of 3,400m in a water depth of 125m. Under the terms of the farm-out, Statoil will carry the well costs up to a cap of $25m, at a value to JOG of $4.5m. In addition, JOG benefits from a further 10% carry from CIECO for a two-well programme. If successful, JOG has identified a further Buzzard sandstone submarine fan to the east of Verbier, Cortina, with a P50 STOIIP of 212mmbbls. JOG is also connected to Azinor’s Partridge well, since it farmed down its interest in P1989 to Azinor in December 2015 in return for conditional future payments of up to $4m, with the first $2m due after any discovery.
oilretire
15/3/2017
08:31
Time we were hearing about the rig?
rogerlin
08/3/2017
15:00
Wonder if there will be an RNS tomorrow before the presentation. Hopefully new deals will be in the offing.
kirkuk
06/3/2017
15:54
"Although this will be the immediate focus JOG should not be considered a one block play and I know that the very strong team are working up a number of potential projects in a number of areas". That from Malcy's bucket list comments. It would be nice to get some firm news on something else before the Verbier drill. There is only so much mileage in the hopes for a single drill result, and the outcome if the well is dry will not be good.
rogerlin
04/3/2017
21:44
Hmmm, interesting observation....
rafieh
04/3/2017
07:47
We must surely get a holdings RNS from Peter Gyllenhammar on Monday. His last RNS, issued on 27th February, related to a disposal on 24th February. Given the high daily trading volumes on each of the five trading days since that date, it is almost guaranteed that he has now sold another 100,000 shares, thus moving his holding through a 1% band which of course makes an RNS mandatory. In fact I would not be surprised if he has sold as many as 200,000 shares during the past five trading days, which means that this forthcoming RNS may well be his last, given that a sale of 200,000 would mean that he is now below 3%. If we get such an RNS on Monday, ( that is, confirming that he is now below 3% ), then there could be a bit of a scramble for stock as recent buyers who have been hoovering up his sales realise that the supply is coming to an end. So, rafieh, I suspect that you will see 300 before the close of play next Friday!
mesquida
02/3/2017
13:10
It may take a couple of weeks before we see the £3, by the sounds of it.
rafieh
02/3/2017
11:52
Very slow start today, I was expecting +10p from the off and increasing greatly as the hours passed. It would be good to see the £3 mark breached before the weekend. Haha...
trulyscrumptious
01/3/2017
17:15
Second highest volume in a year as expected.
rafieh
01/3/2017
17:06
Yes, rogerlin, he is clearly going all the way down to zero. Suspect that after today he only has 300/350 k approx. left to dump. The sooner the better, most of us are probably thinking. But let us not be too harsh on the guy, if he had not been a seller then it would have been nigh impossible to buy this stock in size, and many of us have benefitted accordingly.
mesquida
01/3/2017
16:00
baner when Trap became JOG Peter Gyllenhammar had 51,102,026 shares in Trap (which were consolidated 100:1) and subscribed for 1,136,364 new JOG shares in the placing at 22p. I have no idea what his average for the old Trap shares was but if you even said 10p he was looking at a substantial loss if Trap became worthless, which looked highly likely at one time! He was very bold to subscribe to the new placing and has been rewarded for that, but may quite reasonably now wish to move on? His style is, I read at the time, to hold just under 30% of companies to influence management but not have to take over, and that no longer applies.
rogerlin
01/3/2017
15:20
And the volumes today will be the second highest over the last 12 months for this share.
rafieh
01/3/2017
15:17
At this rate we will be above £3 before weekend, easily.
rafieh
01/3/2017
14:34
The other price movers ahead of the drill could centre on an acquisition or maybe receiving that £1 million GBP compensation we are after. Of course the drill is the real excitement. I think if we got over 350p before the drill; I would be surprised. Would be a bit toppy there imo.
cyan
01/3/2017
14:30
market cap is now nearer to £25m. there is a 25-ish % probability the Verbier share could be worth considerably more than this - subject to the oil price holding up etc. on the other hand, there is a 75-ish% probability the company will be worth absolutely nada in say six months time. hardly a fantastic risk/reward after this phenomenal surge in the share price - Gillenhammar was the first one to see this upside and he is now obviously of the view it is time to harvest given this up/downside situation. any views?
baner
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