We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Jersey Oil And Gas Plc | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 148.00 | 147.00 | 149.00 | 148.00 | 148.00 | 148.00 | 84,585 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | 0 | -3.11M | -0.0954 | -15.51 | 48.18M |
From May 2019 to May 2024
By Alex MacDonald
LONDON--U.K. North Sea-focused Jersey Oil & Gas PLC(JOG.LN) said Monday that Statoil ASA (STO), the operator of the UK Seaward Licence P.2170, has committed to drilling a well on the license in the summer of 2017.
The plan is in keeping with Statoil's August agreement to acquire a 70% stake in a series of U.K. North Sea projects in return for a $2 million up-front cash payment and the promise to spend up to $25 million on drilling a new well.
Jersey Oil and its partner CEICO Exploration and Production own 60% and 40%, respectively, of License P.2170, Blocks 20/5b and 21/1d. Once the deal is completed, Statoil will own 70% of the assets. Jersey will retain an 18% stake, of which 10% will continue to be carried by CIECO, and CIECO will retain a 12% stake in the assets. Jersey Oil will earn $1.2 million of the up-front cash payment.
Jersey's shares were up 3.4% at 105.5 pence share, resulting in a market capitalization of GBP8.9 million or $11 million.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
November 14, 2016 04:04 ET (09:04 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Jersey Oil And Gas Chart |
1 Month Jersey Oil And Gas Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
