Jersey Oil And Gas Share Discussion Threads

[catswhiskas] 26/1/2021 15:03

Buy the rumour sell the fact.
Theyve sold the fact but didn't buy the rumour there's hardly been any buys here over the last week or so.Like I said stale bulls who have sat here for weeks desperate to sell .
Welcome new JOG shareholders hope you have a lot of patience!

[kakapo1] 26/1/2021 14:40

Capt Bligh disciplined the Mutinous crew last week. Large purchase on Monday and today good news and like fleeing rats huge sales. Are some posters here getting frit and taking profits while they can or pretending to be in until the end which according to the experts meens £41 a share. If that is really believed why keep chattering, just hang on for the proverbial pot of Gold.

Over on the other board last week "Insider Trading" thread got a lot of attention.
Work it out!!
Capt Bligh was set adrift and the Bounty scuppered. Must be a moral in that story.

Look forward to reading Bones and RB's incisive thoughts?

[pro_s2009] 26/1/2021 14:39

Conclusion from Arden :

Conclusion: JOG’s GBA project (based on the Buchan oil field, J2 and Verbier oil discoveries alongside a number of additional exploration prospects) has transformed the company’s asset position.

It puts JOG in charge of 172mmboeof gross 2C resources, which the company plans to use as the base for a new hub development in the area (planned to also facilitate tie-back development of any further JOG discoveries, and third-party fields). Progression of this project, with first oil expected in 2025, would make JOG an increasingly significant UK E&P company, likely to draw increasing amounts of investor attention.Going forward, we look for completion of the concept selection work in the coming weeks, followed by theimportant farm out process (on the main GBA development, but also likely including the surrounding exploration assets) planned for Q1 2021, with FEED from H2 2021 and then FID in 2022.

There is also the ongoing potential for new production acquisitions, opportunities for which may be presented by the fall in oil prices. This provides plenty of potential newsflow in the coming months, and beyond this a route towards first oil. In our view, the market is yet to appreciate JOG’s current asset position, but progression through concept selection and a successful farm outprocess should act as important events in demonstrating the materiality and significance of this in the coming months.

We have a Buy recommendation, upgrading our target price today from 600p to 800p.

.

[catchingmice] 26/1/2021 14:14

LOL.....The majority of oil supplied by Iraq comes out at 33.5.....therefore yes it's light crude oilDo some homework Geezer

[hiddendepths] 26/1/2021 13:51

Actually with that API it's not really light!

I sold out early on - the market is doing this mark-up on good news then drift back thing wherever you look. I'll buy back if and when I can get 10% more shares for the same I sold them for. I still like the story very much - but I suspect that farming out will be non-trivial in the current environment.

[catswhiskas] 26/1/2021 13:18

I'm surprised how quickly that bombed from 165 bid back to 142 bid .Quite a few will be sat on losses as not many got in below 150.

[catchingmice] 26/1/2021 13:01

The best so that's a big tick in the box and plenty of it

[daler1966] 26/1/2021 12:48

Light sweet crude lol

[catchingmice] 26/1/2021 12:44

On the move once again now the muppets have cashed in their small changeI'm in this for the big returns and prepared to wait as this could be the stock of 2021

[limor] 26/1/2021 11:53

Once the weak holders have gone, this will start to rise quite significantly .The Market Makers are no fools.

[mariopeter] 26/1/2021 10:13

Golden crosses indicate more rises to come.

[catchingmice] 26/1/2021 09:46

These muppets will never learn about holding onto a share that could easily do a 3 bagger once the GBA farm out process hits us and that is not far awayTodays upgrade on resources makes it even more appealingCarry on selling you muppets and leave it for the smart investors who will make much more than your measly 20% gainsThe MICE

[mariopeter] 26/1/2021 08:57

"The GBA development project presents a very compelling investment case that we believe will have wide industry appeal."

This jump was in the tea leaves on the chart.

Good we are still on track for the farm out process this quarter.

No doubt the IC will be on the case especially if the house broker moved its target up to £8 per share.

I do feel this share is on very many monitors just waiting for farmout news.

I thought assets of £42 per share was good but it now seems they are more.

[catchingmice] 26/1/2021 08:03

Straight out the block could hit 1.60 today with this upgrade

[wobblywilbur] 26/1/2021 07:54

House broker upgrades target price to 800p (from 600p)

[catswhiskas] 26/1/2021 07:45

Getting on the phone in 5 minutes to my broker to get my shares back!!

[impvesta] 26/1/2021 07:42

Excellent news! Link:

[impvesta] 26/1/2021 07:41

Excellent news indeed limor. Link:

[catchingmice] 26/1/2021 07:37

Great news Just wait for all the lemons scuttling back in paying much higher than what they sold atI have no sympathy at all for these muppets

[catswhiskas] 26/1/2021 07:30

It looks like it 36red could be a case of unluckily sold at 134 ? Let's wait and see although this is a significant rns and the share price is going to rocket .

[36redhill] 26/1/2021 07:26

Should of had more faith!

[limor] 26/1/2021 07:25

Simply Amazing News ! Great for JOG and shareholders..... just watch this space.

[catswhiskas] 26/1/2021 07:24

Hope I can buy my shares back today sub 130P !!!!

[36redhill] 26/1/2021 07:22

There's your answer!!

[36redhill] 25/1/2021 22:15

Speculation