Jersey Oil And Gas Share Discussion Threads

[catswhiskas] 18/12/2020 10:42

137P ask Hold Tight to your shares the sellers are being wiped out as somethings going on here.

[jtsouthern146] 18/12/2020 10:01

Onwards and upwards then! Enjoy the ride.

[mariopeter] 18/12/2020 09:43

Jtsouthern

Your post 3333 above. You appear to have come here , from nowhere, with a pre-conceived idea that the board of directors are "incompetent or v cleverly misleading outfit". That bodes badly for your balanced assessment of the situation.

It is comforting that you agree there is lots of oil just "sat" there so with that, the two competent persons reports , the new 3D seismic followed by the 2020 work done on recovery appraisal, I disagree with your view.

Thanks for reminding us we are investing in a very speculative and risky business but if you want surety on your returns perhaps you are in the wrong place.

If you have joined the board because you shorted the stock then you made your bed now sleep in it. The chart technicals and indeed the fundamentals suggest you will not be here for long and, likely, you will acquire a very sore backside. JOG have assets of £42 per share and about to go selling and you have shorted it somewhere near £1 per share. Good plan and perhaps more balanced investors would say "not very clever".

[catchingmice] 18/12/2020 09:09

Looking at 135.90 here for this breaking outCould do it but we need to hold 133.00

[leewain] 18/12/2020 07:56

Jts: Nice to see an honest and balanced view. High risk and the future for oil is bleak.

[jtsouthern146] 18/12/2020 05:10

Name calling and baseless price claims.. They don’t have any reserves they have contingent resources

[catchingmice] 17/12/2020 23:50

What a 'TIT' you are Geezer Take a hike and come back when this is over 2.50 per/share Q1 2021Select phase due so expect several big players coming in here with the reserves JOG has and expect Oil around 60 Bucks end of Spring 2021Missed the rise from 70p have we 'PLANK'

[jtsouthern146] 17/12/2020 21:30

Ha good spot. Not all the others however just two. The details are important, ie they are exploratory and not appraisal. Jersey are talking about drilling new accumulations (although not new the North Sea has 00s of known prospects that sensible money hasn’t drilled) with low chance of success due to the fact oil may not be there due to either lack of reservoir, trap, seal or charge, or even if it is lack of commercial quantities or ability to flow. This is v high risk stuff. Basically an exploration play that’s trying to make out of further along by talking platforms but in reality can’t justify the many billions requires due to lack of commercial oil without big downside possibilities. And green platforms at that, such commendable management!

[chessman2] 17/12/2020 21:11

jts146, I see you are having a dig on other oil boards as well.

I'm quite happy here as Jog will be drilling appraisal wells rather than exploratory wells. I appreciate they now have grand salaries like many other directors and that of course is irritating. Hopefully they will come up with some success.

[jtsouthern146] 17/12/2020 21:00

@mariopeter there’s oil all over the North Sea. Oodles of it just sat there. The point is it has to be extractable at a profit.

[leewain] 17/12/2020 20:52

Excellent post jt. Talk the talk but when it comes down to it, promises never delivered

[jtsouthern146] 17/12/2020 19:54

Giving brownie points to jersey for a green development is laughable. Net zero what? They clearly indicated at an exploration campaign in 2022 with the most likely outcome of zero additional oil so I’m out. you’re giving management a big ‘well done’ for spouting free words about electricity imports to platforms for ‘yet to be discovered oil’ (a technical term). Have you considered that it’s free for Jersey to make these bold statements. Zero effort and a fat salary from your pocket yet you congratulate them? I worked this industry a long time and despite it being decades old i find a lot of green behind a lot of ears here but not much actual green.

[mariopeter] 17/12/2020 17:36

JOG sure are ahead of the game thanks to Statoil/Equinor.

[mariopeter] 17/12/2020 13:17

Thanks Burtond.

[burtond1] 17/12/2020 10:06

Here, @mgrahamwood catches up with @DDS_DocHoliday and for the first time ever does an exclusive interview to reveal his "Bucket List" for 2021#JOG #SQZ #IOG #UJO #JSE #PTAL #TXP #SAV #PPC #PRD #SCIR #CHAR #DGO #GENL #WEN #SLE #KIST #LBE #ZPHR #BPC #ECOhttps://total-market-solutions.com/2020/12/malcy-bucket-list/

[mariopeter] 16/12/2020 18:13

good find Daler

[daler1966] 16/12/2020 13:55

https://www.malcysblog.com/2020/12/the-bucket-list-2021/ JOG Top of List

[daler1966] 16/12/2020 13:45

https://www.malcysblog.com/2020/12/the-bucket-list-2021/ JOG Top of List

[catchingmice] 16/12/2020 13:02

Can see it being 60 Bucks quite easily by spring 2021

[mariopeter] 16/12/2020 11:53

Perhaps this makes the JOG net zero carbon project in the NS look pretty attractive:

[36redhill] 16/12/2020 10:06

https://oilprice.com/Energy/Oil-Prices/Goldman-Turns-Bullish-On-Oil-Sees-65-Brent-In-2021.html

[catchingmice] 16/12/2020 08:18

133 next target and then through the 140 range let's see how she goesIgnore the lunatics on here and wait for the climb north