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JOG Jersey Oil And Gas Plc

56.50
-0.50 (-0.88%)
Last Updated: 08:00:00
Delayed by 15 minutes
Jersey Oil And Gas Investors - JOG

Jersey Oil And Gas Investors - JOG

Share Name Share Symbol Market Stock Type
Jersey Oil And Gas Plc JOG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.50 -0.88% 56.50 08:00:00
Open Price Low Price High Price Close Price Previous Close
56.50 56.50 56.50 57.00
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

Top Posts
Posted at 02/9/2024 07:22 by gripfit
I bet the master investor is out now
Posted at 15/8/2024 04:41 by r9505571
https://www.tipranks.com/news/company-announcements/jersey-oil-and-gas-stake-increased-by-investor
Posted at 30/7/2024 09:41 by kakapo1
Was warning a while ago JOG is good for traders with the roller coaster share price Unfortuneately serious Long term investors have been encouraged by some rather clever and dubious posters to support this highly questionable company which goes back to the failed exploration of Verbier. Now the Political dynamic is making a hammer blow to finish most if not not minor Oil co's in the North sea. There is a school of thought Labour is crucifying the North Sea for the way Thatcher ended Coal-mining. Think about it?
Posted at 30/7/2024 06:51 by cashandcard
If you want to invest in the exploration and production space, you've got to be outside the UK. In that respect, offshore Southern Africa, Southeast Asia and the Americas is where you want to be.The UKCS is a mature basin and successive governments are intent on finishing it off early. Can't miss out on the Greene points can they. Its unfortunate investors here and several other UK smallcaps will suffer from this, but it's life. Adapt and make the pivot.My favourite two picks; Sintana Energy (TSX) and LBE (LSE). First with a stake in a newly discovered megafield offshore Namibia - 10billion bbl Mopane field, January 2024 - and lots of running room. The second, now out for f the failing Norwegian North Sea assets, gearing up for operations on very sizable offshore play Malaysia - 8-10tcf gas prospect. Plus expected award of discovered field cluster (expected shortly). Cash
Posted at 14/6/2024 10:42 by ashkv
Their was a recent notification from JOG that its partners are awaiting clarity on the fiscal regime for O&G per the new Government prior to proceeding to FID!!!

Labour manifesto published yesterday was onerous in relation to UK's O&G sector and increased the probability that JOG's partners Neo Energy and Serica might back out. SQZ I would think backs out as it has a new CEO starting in July who didn't onboard the deal. Prior full time CEO Mitch Flegg was a UK focused CEO - and didn't look favorably on deals that might require travel and disrupt his golf routine!!!

bubloo13 Jun '24 - 22:23 - 5332 of 5333
0 0 0
Can the more learned investors here please let me know if Jersey needs a licence to explore. I was under the impression they already have a licence and Labour's manifesto mentions it will honour previous licences.

so what is the reason, release of labour's manifesto has caused such a drop in share price. I have a very small position and could not figure out the reason for today's drop. I'am being daft here
thx for any help
Posted at 13/6/2024 21:23 by bubloo
Can the more learned investors here please let me know if Jersey needs a licence to explore. I was under the impression they already have a licence and Labour's manifesto mentions it will honour previous licences.

so what is the reason, release of labour's manifesto has caused such a drop in share price. I have a very small position and could not figure out the reason for today's drop. I'am being daft here
thx for any help
Posted at 05/6/2024 20:26 by value hound
reval - Simon T says "hold"

----

"Jersey’s flagship project still on track – despite delay"

......................Analyst Brendan Long at WH Ireland expects that “the fiscal policy for the UK North Sea following the UK general election will be favourable for domestic energy security, HMRC tax revenues, UK jobs and the production of energy on a low carbon emissions basis. We anticipate the UK Government will provide fiscal clarity such that the operator of the Buchan redevelopment will have sufficient confidence in the fiscal regime to progress with project sanction.”

Long also adds that the Buchan field is overwhelmingly the best undeveloped oilfield of its kind in the UK North Sea in terms of it being of considerable scale and low-risk. Specifically, the field is estimated to contain 70mn barrels of oil equivalent (95 per cent oil) and benefits from 36 years of production history. Moreover, its petrophysical characteristics provide high confidence that the reservoir will respond favourably to a water flood strategy. The point is that the Buchan field has always had, in Long’s opinion, the odds stacked overwhelmingly in its favour – that hasn’t changed.

It’s a view shared by Daniel Slater at Zeus Capital who notes that although the introduction of the UK EPL tax regime in 2022, alongside somewhat nebulous comments from the Labour Party as to its attitude to UK oil and gas taxation, has created an element of uncertainty for new investments in the sector, Labour will find it very challenging to take a decision to make UK oil and gas taxes even less favourable than currently.

Importantly, Jersey remains fully funded with a cash position of over £13mn (39p) and a forecast annual base cash spend of £3mn. The Buchan project remains fully carried to FDP with a further $20mn (47p) payment due to Jersey following approval by the North Sea Transition Authority of the Buchan FDP and receipt of the associated regulatory and legal consents.

So, having viewed the investment case positively when I covered the annual results (‘Jersey Oil & Gas still has multi-bagger potential’, 13 May 2024), I feel that investors have massively overreacted to today’s announcement, which formalises the joint venture partners position relative to the forthcoming election and ultimately the UK’s oil & gas fiscal regime. I would not be selling the shares ahead of a likely autumn budget which should provide the fiscal clarity needed for the project’s partners. Hold.
Posted at 05/6/2024 19:58 by reval
I wonder what Simon Thompson now has to say after his “ Bullish Comments “ in the Investors Chronicle some months ago !!?
Posted at 28/3/2024 11:33 by ashkv
Twitter Guru with more misses than hits - long FXPO, ARCM etc etc pumping JOG / doubling down as no way it gets back to his buy level - therefore pumping prior to dumping :)

Beware new investors - JOG has high risk of being a dead-end / non viable project with Labour set to takeover UK's reigns.

Serica is able to with no further payments back out of the project!!!

With a new CEO at SQZ imminent - it would make sense to diversify outside the UK!!!
Posted at 06/4/2023 13:56 by ashkv
Somewhat similar to JOG in regards to the derisory share price - prior to drill bit success Deltic Energy (DELT) had raised funds at 3.5p - recently sold off to 1.60p even though has discovered the largest gas find offshore UK in the past 10 years (Penascola prospect - DELT 30% share) which has been confirmed by the license's operator the supermajor Shell Plc.

DELT also have a 50% share in another Shell operated exploration well where the Chance of Success (CoS) has recently been upgraded from 30% to 70%

If interested to learn more about DELT do sign up for the Investor Meet Company presentation next Thursday 16 April 23 at 10:00 AM GMT

Detic Energy also has paid for research available on its investor site.

RNS Number : 2087S
Deltic Energy PLC
08 March 2023

Deltic Energy Plc / Index: AIM / Epic: DELT / Sector: Natural Resources


8 March 2023

Deltic Energy Plc ("Deltic" or "the Company")

Corporate Presentation and Investor Presentation

Deltic Energy Plc, the AIM-quoted natural resources investing company with a high impact exploration and appraisal portfolio focused on the Southern and Central North Sea, is pleased to announce that it has released a new corporate presentation. This presentation reflects recent developments, with particular focus on the significant gas and oil discovery at Pensacola on Licence P2252 in the Southern North Sea. The corporate presentation is available on the homepage at the Company's website: www.delticenergy.com

A webcast for retail investors will be held on Thursday, 16 March 2023 at 10.00 a.m. The presentation will be hosted on the Investor Meet Company platform. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9.00 a.m. on Wednesday 15 March or at any time during the live presentation. A recording will be made available on the Investor Meet Company platform after the presentation. Investors can sign-up for free and add to meet Deltic via: