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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
  -2.50 -2.09% 117.00 115.00 119.00 119.50 117.00 119.50 34,033 16:24:42
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -2.1 -9.5 - 23

Jersey Oil And Gas Share Discussion Threads

Showing 6851 to 6871 of 7100 messages
Chat Pages: 284  283  282  281  280  279  278  277  276  275  274  273  Older
DateSubjectAuthorDiscuss
07/10/2020
09:15
What happens when you ramp up prospects beyond belief only to have to see them fail and become worthless. I can't believe how much it went up on winning a license . No other small oil and gas company moves like that on such inconsequential news . Just shows how overhyped and ramped this is . Partly down to the directors and their blind following of Pi's who believe everything they say . They all deserve to lose everything
bones698
07/10/2020
09:07
LOL sounds like its bad news for the directors too as they are going lose all their money aswell.
catswhiskas
07/10/2020
08:20
C'mon bones698....stop sitting on the fence and tell us how you really feel.....
plentymorefish
06/10/2020
10:42
in so much trouble as it collapses into oblivion will it be able to raise funds in this market going into administration?
catswhiskas
06/10/2020
08:58
Down this goes absolute horror stock
catswhiskas
06/10/2020
07:26
Oh Dear CM, it must be painful to see Muppets like Equinor and some of the company's stalwart supporters becoming nervious.
kakapo1
05/10/2020
21:36
https://www.proactiveinvestors.co.uk/companies/news/928320/jersey-oil--gas-tipped-for-substantial-upside-as-it-advances-expanded-buchan-project-928320.htmlTake no notice of the resident clowns on here as i know who i trust If these clowns think they know everything then the majority of them would be retired and enjoying luxurious lifestylesBunch of Muppets each and everyone of them so ignore them at your peril
catchingmice
05/10/2020
16:07
See ya thenTake a hike geezer as you can't take the heat
catchingmice
05/10/2020
13:13
The share price chart isn't exactly looking good is it . Under a quid now and no end in sight as things worsen and the company needs to raise cash soon which will depress the share price even more . I'm sure there will be more BS from the management team to try and rally the price before a big fund raise and idiot investors will fall for it as usual and dilute their holdings believing every word they say . Meanwhile they get paid huge salaries at your expense for delivering nothing but failure . Warned everyone this would be back at 60p in due course and looking like that will happen in the next few months especially when they try raising money As for selling the assets ,just what do you think they are worth ? They are worthless unless someone is willing to buy them and in this climate they won't find any buyers so worth nothing . The only thing pinning up the share price was the cash which we now know is disappearing faster than ever . Big rights issue coming and the longer they leave it the worse the price will be
bones698
03/10/2020
06:44
Not sure how many institutional investors hold this but for sure they'll be looking to exit. U.K. oil patch ain't where they wanna be. share price has held up well in the circumstances. But won't be long before it's back to recent lows.
hsfinch
02/10/2020
13:57
Hi kakapo1 I entirely agree as soon as that was posted on lse alarm bells also rang .The said poster is also no where to be seen and there are claims on the bb he is not too good .I sincerely hope he is ok.The rapid drop in share price here is purely down to legal and general selling 4.5% however I'm highly suspicious they aren't the only ones and the said poster held quite a few.
catswhiskas
02/10/2020
13:03
catswiskas, with respect I have not counted your posts but would guess as mine are very infrequent,you write far more. I significantly reduced my holding before Christmas after Equinor's departure, in profit. My residual holding owes me little as one never knows that pot of gold may appear. When even ersthwhile committed PI's begin to question whether or not the BOD have become too ambitious with the GBA venture, alarm bells begin to ring.
kakapo1
01/10/2020
19:32
History of Buchan: https://en.wikipedia.org/wiki/Buchan_Oil_Field. You will note that all prior owners of Buchan failed to understand the extent of oil there. New technology seemed to increase reserves all the time. It was known to have difficult geology but look what has happened since Equinor sold. The Schlumberger model of the Buchan field is new and further work continues to de-risk the project. Interesting bit in the link above was under the "future" paragraph. Buchan btw stopped because the rig failed while still producing oil under natural field pressure. JOG are planning water injection techniques for Buchan. No doubt A new discovery in the locality would likely accelerate the project and seal it. Verbier was seen by Equinor as not being large enough to immediately seal it. Pity they did not drill a little deeper in their appraisal well. Do remember Equinor were involved in the seismic over Buchan for a reason. They knew there was oil still there and of course J2 was there too requiring new seismic. Lots of opportunity to sell higher than today ahead. I don't think JOG will realistically expect to be field operators but who knows.
mariopeter
01/10/2020
15:59
kakapo1 do us all a favour mate and stop posting the same old stuff you've been posting since December last year .We get it you lost money here earlier this year so you don't believe the business case here thats fine but leave those here that do in peace mate unless you've got something new to discuss apart from Equinor .Thanks .
catswhiskas
01/10/2020
15:02
Sorry Mario.... if you believe that you must believe in Santa Claus. Equinor were partners for a long time as the BOD emphasised many times, one have thought they were joined at the hip. Equinor knew the score at Verbier and could see the potential was low as compared with earlier trial drills (Oct 2017) They exited in a way to create least discomfort to JOG by agreeing a token payment now and a Royalty on extracted oil from Verbier, which may never happen. Dog does not eat Dog. The arrival of GBA an aged and what BP thought an almost exhausted field, has been a distraction away from Verbier and the high expectations around that licence. Equinor's knowledge of the UKCS is possibly better than most and the option granted by JOG allowed more than adequate time to evaluate the viabilty of the remaining structure. Remember they were looking at a known structure and have enormous experience in not only Exploration but Production also, something JOG do not posess. It would be surprising to finally discover who the eventual Producer partner is as some believe JOG want to be a Producer in it's own right. That will be expensive and a huge gamble. Maybe we will be totally surprised at the current outcome
kakapo1
01/10/2020
07:47
Haha they did not pull out of Buchan as they never owned any part of that license nor did they want to be railroaded into something they did not know enough about in a 3 month window. Also they SOLD out and did not pull out. They sold Verbier having described it as a small field right from the outset. Don't you worry Sunshine they will be keeping a good eye on JOG.
mariopeter
01/10/2020
07:15
Equinor pull-out is key. They didn't like what they saw. I'd be surprised if this development ever sees the light of day. Avoid.
hsfinch
30/9/2020
14:45
Great Post mariopeter thanks for posting some big buys today at 110.5 90K and 60K Directors again ?
catswhiskas
30/9/2020
14:06
Thanks Hcminpastry took a little time to articulate my views. Did tweek it a little.
mariopeter
30/9/2020
13:34
and that, mariopeter is a great post...
hcminpastry
30/9/2020
13:19
The farm out is for the partner(s) to fund the entire project. No way on this planet can JOG do it. Question is how much can JOG keep. The IRR of the project will be key. Eg say if JOG proven and recoverable oil is valued in the ground at say $1 per recoverable barrel (very very cheap btw) our contribution is $120m. If the production platform costs are $400m then we get to keep 23% of the project and the partners put up the entire $400m in cash. That makes the oil breakeven at 520m/120m ie $4.33 a barrel and anyone can make money on that. This is only a concept example by the way. JOG are simply de-risking the oil in the ground and working out the best way to roll out the project. They might even be able to negotiate some cash (back costs) for themselves in the farm-out of Buchan. 43 years of production history de-risks Buchan oil (80mmbo)in the Schlumberger model. The only thing that is becoming clear is that the JOG market cap is highly depressed probably because Equinor said goodbye. If you are not in make sure you are if a viable partner comes in. More likely is the partner will buy JOG and get all the recoverable oil AND the prospective oil AND the team for something less than the $120m in my example above especially as we dither around a £22m market cap. This will rocket (if we are not already taken out) if a viable partner comes in after the assets continue to be de-risked. Apache Oil have just moved in south east of our license in the last OGA round. If they find oil on their new licence how long do you think JOG and the hub will last with a market cap of £22m?. Other things that are likely to happen, while we wait, is some of the satellites could be farmed out (for share of back costs) and they are drill ready etc etc. The oil industry is far from dead. It does need to change to green oil and oh look we will be green oil too. Green gold. A fabulous management will see this through and I feel we have that. Question of timing in due course and lots of opportunity ahead. I can wait but others fret over a reducing positive bank balance but are missing the numbers on a very big picture. SO if we have to issue another 10m shares at £2/£3/£4 £who knows (after news), I doubt any holder today will care. Maybe 120mmbo 2C green resources and the additional 200mmbo prospective in the UK North Sea will be ignored by the oil industry and JOG get liquidated. If you think that you are probably in the wrong investment. Our CEO (a former stockbroker) knows how to drive a share price before any rights issue. Shell's problems must stem from the fact that their cost of oil breakeven is too high, way above what my example above shows.
mariopeter
Chat Pages: 284  283  282  281  280  279  278  277  276  275  274  273  Older
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