Jersey Oil And Gas Share Discussion Threads

[pro_s2009] 03/6/2020 13:00

New AGM presentation with narration and Q&A.





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[master rsi] 03/6/2020 12:17

More example of the 61.8% retrace...

The Fibonacci ratio of 61.80% is also referred to as the golden ratio, or the divine ratio, because it has been found throughout nature, including the patter of a seashell, the DNA double helix and flower petals. Chart watchers have adopted the ratio to help map the ebb and flow of financial markets.

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S&P 500 coincidentally(?) closes right at its 61.8% Fibonacci retracement point
Published: March 9, 2020 at 4:49 p.m. ET

[master rsi] 03/6/2020 12:00

Deep retracement
"Looking for entry positions within deeper retracements is another method of utilizing the Fibonacci tool to gain advantageous trading opportunities. Once again it is important to take trades close to your stop loss, with these trades being taken actually at the Fibonacci level itself. Opportunities to take trades at those deeper levels (>61.8%) can come within highly trending markets."

Chart example

[master rsi] 03/6/2020 11:45

61.8% Fibonacci retrace @ 93p

61.8% Fibonacci retracement is considered the right term for a bounce back, the share price this morning almost reached that point, and MMs have moved the price up since.

Last night chart

[master rsi] 03/6/2020 11:34

Result of Annual General Meeting

Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company ?focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces that the resolutions proposed at its Annual General meeting ("AGM") held earlier today, as set out in the formal Notice of Annual General Meeting dated 6 May 2020, were all duly approved by shareholders.

The presentation is very bullish
AGM presentation today, audio and pictures

[catchingmice] 03/6/2020 07:42

How can it be looking grim as we ended up flat end of close ?lol

[pro_s2009] 03/6/2020 02:34

WTI near 38$ and Brent now over 40$.

[rbonnier] 02/6/2020 14:05

Looking Grim as mms move down on every small sell .The seller must be back 😲

[master rsi] 02/6/2020 13:12

The short term is further down on the retracement since yesterday

[mariopeter] 02/6/2020 08:50

kakapo

good post and thank you for the research you have done on Equinor. Likely a good bit of work. Interesting that Equinor are again in the area. Lets hope they find something there that might warrant involvement in the collaboration but if they had said yes to the option they may have found themselves involved and having to fund something that they clearly did not think was worth their effort. If you look at the history of Buchan it's checkered reading. From the net and don't have time for more research just now:



Talisman did not think a new rig on the field was an option even though they hoped for longer recoveries before the health and safety of their the old rig gave up.

JOG have new 3D seismic and information to say there are 100+mmbo recoverable. Since Equinor said goodbye JOG have recruited the services of a man highly respected (advisor) in the industry who will hopefully find a way to work the field.It is tricky geology and that is not new news.

If the man from Del Monte say yes then there is a project but JOG now have the advantage of the satellites to commercialise the entire thing. Could all turn to manure lets face it but in for a penny and waiting to see where the story goes. The broadband 3d seismic was interesting but it lost credibility with me when the Verbier appraisal came in without sands.

JOG feel they have a project and are working very hard to prove it up for money decisions later but it seems clear to me that they are excited. The consultant being recruited is a sign that they had difficulty so accounts from the planners will be key and the results will be out this summer.

I like the action on the farm-outs.

No doubt we will need Lady Luck and as I have said before JOG seems blessed with luck. My view luck comes to those who work very hard.

[pro_s2009] 02/6/2020 01:22

Profit taking.

[bones698] 01/6/2020 22:32

Marioprter the flow rates are undro en on verbier as they haven't been flow tested . The other fields are either end of life or similar . To be calling them jewels is a bit rich and ovet stretching .
Either way unless oil prices rocket none of them are worth developing as they are very costly to drill . Just look at the cost of verbier well to realise this is not a heap development then we have all the other issues . Hugh risk low reward is not what people are looking for in oil projects ATM
As for my listing history being negative I suggest you look at the share price performance of all those shares I posted on . You will find over 90% of them have bombed . A far better hit ratio than any ramper that's for sure

[master rsi] 01/6/2020 16:44

RBonnier

Do not put numbers in my mouth (75 - 80P ) post 2978

I do NOT expect the retrace to be so sharp as your numbers, the lower tramline as the days go by rises also and does not need to reach the real bottom.

You must be very happy to get the retrace, but think of the shareholders that I am, not seeing it with good eyes wishing such retrace after just starting to move higher.

[catchingmice] 01/6/2020 13:33

Goes both ways this stock down on little volume and up on little volume but news in Q3 should see he price soar into the unknown

[marno17] 01/6/2020 13:01

Can see this moving back up to where it was and more by the close of business. News!

[catchingmice] 01/6/2020 12:11

If it does then i shall load up with more as I'm pretty confident in Q3 we will hear about partners once the concept select phase is concludedHoping for a minimum of £2.50 in here by year end as i get the feeling the Bod is very confident of partners coming and is why the remuneration package was rewarded.All in my view of course

[catchingmice] 01/6/2020 12:06

Thanks for the good newsJust my lucklol

[rbonnier] 01/6/2020 12:03

Take a look at the other thread catchingmice Master RSI has posted the graph which predicts a retrace to the lower tram line so 75 - 80P is possible now .

[catchingmice] 01/6/2020 11:11

How far will it retrace roughly and when can we expect another push northwards ?Its a Million dollar question i know but most annoying when you are in profit and it slowly disappears with a falling share price once again

[master rsi] 01/6/2020 09:05

As the chart says, the stock is at Uptrend for the last 2 weeks but being at the top tramline some retracement is expected to look for the lower line, and so on in the future. The same shows on Bollinger Bands share price at upper line.

Chart with tramline

[mariopeter] 31/5/2020 09:22

I have a feeling we have a clear run up to the next level of £1.50 but Monday's trades will be telling. Chart showing a break free from resistance at 106




free stock charts from uk.advfn.com

[maturo] 30/5/2020 23:39

Take any comments from - Bones - with 2 pinches of salt, any post is negative not only here but everywhere.

bones - history on ADVFN


reference - Trap

bones, bought shares with borrowed money, shares went down and now trap paying interest and negative balance sheet.

Investing with borrowed money can be a big win if shares go up, or get TRAP like - Bones

[36redhill] 30/5/2020 20:29

HiI didn't invest in JOG because of this board. I invested because I think, after my own research, that it will offer considerable upside. I agree that anyone persuaded by this board or others, needs to look at themselves.