Jersey Oil And Gas Share Discussion Threads

[phowdo] 21/11/2016 08:53

proactiveinvestors interview = placing on the way

[mesquida] 17/11/2016 17:13

We should all be thankful that he has been selling - it has been a heaven sent opportunity to buy stock in size - normally with this type of situation it is nigh impossible to buy in meaningful blocks, but not this time. So thank you Mr.Gyllenhammar!

[wisecat2] 17/11/2016 16:28

Will be interesting when he is finished

[impvesta] 17/11/2016 16:15

Considering Peter Gyllenhammar has unloaded so many shares, over the past few weeks, the share price strength is astonishing.

[wisecat2] 17/11/2016 15:42

Peter Gyllenhammar down to 1m shares 11.82%

[wisecat2] 17/11/2016 15:42

Peter Gyllenhammar down to 1m shares 11.82%

[gersemi] 17/11/2016 13:36

wc2

That is exactly what I was thinking which may explain the meteoric rise in the share price, or not as the case may be

[wisecat2] 17/11/2016 13:33

Would Statoil bid for JOG if the well results were going to be that large ? How does it work with these licenses ? anyone

[cyan] 16/11/2016 13:22

hTT://www.proactiveinvestors.co.uk/companies/news/168942/jersey-oil-gas-is-one-to-watch-ahead-of-exciting-verbier-well-168942.html

Extract;

“We believe the planned well could be one of the most exciting exploration prospects to be drilled in the UKCS in recent years."

[wisecat2] 15/11/2016 15:06

Not really a chartist but I will go with this one. Thanks gersemi

[mesquida] 15/11/2016 09:56

Buyers beginning to arrive - if Gyllenhammar was to stop supplying the market with stock then who knows where this stock might go !

[baner] 14/11/2016 21:05

i believe he has made a heck of a deal supporting benitz when they raised money at 22p and then picking up a lot of stock below that - and from what i have seen elsewhere gillenhammer is rock solid and very wealthy indeed - so this is probably only about reducing the exposure to a rather risky play, however one with tons of upside.

[jimarilo] 14/11/2016 20:49

If you can determine his average that may help with the answer

However he must be in his early to mid eighties and probably needs to be sorting his finances out so I would say he will want to be out and clear

[rogerlin] 14/11/2016 19:21

The Union Discount Company of London Limited ("UDCL") and Peter Gyllenhammar AB ("PGAB"), existing shareholders in the Company, are 100 per cent. owned by Mr Peter Gyllenhammar and together are interested, in aggregate, in 51,102,026 Existing Ordinary Shares representing approximately 22.5 per cent. of the Company's existing issued share capital. Accordingly, UDCL and PGAB are deemed to be related parties of the Company for the purposes of the AIM Rules for Companies. PGAB has subscribed for 1,136,364 Placing Shares pursuant to the Placing, such that following completion of the Placing UDCL and PGAB will be interested, in aggregate, in 1,647,383 New Ordinary Shares representing approximately 19.75 per cent. of the Enlarged Share Capital.

July 2015 at time of conversion to JOG, original Trap shares were consolidated 100:1 and new placing shares issued at I think 22p. So any shares acquired at that time or since will be in profit but any from the original Trap holding will be well under water. Will PG sell those too I wonder?

[mesquida] 14/11/2016 16:50

Gyllenhammar clearly looking to be out of these completely. Should see a sharp rise when he has finished, and at this rate that will be before the end of the month !

[cyan] 14/11/2016 14:31

Very interesting;

[mesquida] 11/11/2016 14:07

An exceedingly dull Friday afternoon and we are on the move! Do I smell the possibility of a tip in the Sunday press?

[jimarilo] 04/11/2016 16:04

Peter Gyllenhammar down to 18% now

[cyan] 03/11/2016 14:03

The presentation is well worth reviewing if one has not already;



This bit is interesting!!

Extract page 7

"JOG’s management estimates a potential P50 net value of £78m or
£9/share if the next phase of exploration is successful"

[captain james t kirk] 01/11/2016 11:40

It's worth listening to the whole of this interview but the really relevant bit starts at around 6mins 30 secs:
hxxp://www.malcysblog.com/2016/10/tiptv-ceo-interview-andrew-benitz-jersey-oil-gas-plc/

[cyan] 01/11/2016 09:31

Its light oil, hopefully!, and the block that JOG holds has two other prospects.
One to keep an eye on.
Malcy talks about it in this interview;



The JOG comments start from about 24 mins 50 seconds

[captain james t kirk] 01/11/2016 09:26

Yes, having been severely burnt by Trap I lost interest when they reversed into JOG but noticed a holdings rns the other day and investigated further.
Any drill is risky but this one is in shallow water and there's oil all around it so it's not surprising that Statoil and others were interested.
I'm not a holder but watching with interest.