Jersey Oil And Gas Share Discussion Threads

[sigma3333] 01/3/2022 18:13

WELLSAFE should be on the Buchan wells now - having finished Hannay.

Expect Repsol are collaboratively sharing data, there may be new positive information coming re condition of reservoir and/or wells

siggy

[catchingmice] 01/3/2022 16:09

Proper 'CLOWN' is Bonnier always talking baloney

[chessman2] 01/3/2022 15:06

Thanks for that startling information RBonnier.

I'm guessing you are looking to buy in or perhaps you are one of the sad individuals who like to criticise as you've missed most of the previous rises in the share price here.

[rbonnier] 01/3/2022 14:18

It's only up on the investors chronicle tip and it's usually best to do the opposite of what they say plus there's been no news here since November and no news on AIM usually means BAD NEWS .

[catchingmice] 01/3/2022 13:42

Profit taking as usual

[daler1966] 01/3/2022 13:36

What happens next the share price drops again.

[catchingmice] 01/3/2022 13:18

1 Trade gone through if you believe that is?

[impvesta] 01/3/2022 12:57

The full article is at:



Simon Thompson is clearly very positive on this one.

[chessman2] 01/3/2022 12:49

Thanks for that Standish. I agree that the JOG share price has a long way to travel and given current world events I would not be surprised to see news here sooner rather than later.

[standish11] 01/3/2022 12:25

Simon Thompson of Investors Chronicle commented this morning.

If the directors pull a farm-out off, then expect a dramatic re-rating of Jersey’s equity. To put the current undervaluation into perspective, Arden Partners’ oil and gas analyst Daniel Slater has a risked valuation of $384m (870p a share) after factoring in a long-term natural gas price of 48p a therm (spot price 250p) and $65 a barrel for Brent Crude (spot $103). WH Ireland’s fair value estimate of 622p a share is more than 3.5 times the company’s current share price. The 15 per cent share price drift since I covered the half-year results (‘Bargain shares: Profit from the energy crisis’, 27 September 2021) is not only unwarranted, but offers a potentially highly lucrative entry point. Jersey has net cash of around £9.6mn, so is in a strong position to seal a deal. Buy.

[catchingmice] 01/3/2022 10:10

HmmmmmmmmmmIs there a leak?not always a tight ship as proved recently

[catchingmice] 01/3/2022 10:03

Smashed through the resistance here which was 1.46It's looking likely this will hit 1.70 by COP

[impvesta] 01/3/2022 08:43

Thanks for that value hound. The full article is at:



Simon Thompson is clearly very positive on this one.

[value hound] 28/2/2022 17:20

Retipped by Simon Thompson just now, who concludes with:

"If the directors pull a farm-out off, then expect a dramatic re-rating of Jersey’s equity. To put the current undervaluation into perspective, Arden Partners’ oil and gas analyst Daniel Slater has a risked valuation of $384m (870p a share) after factoring in a long-term natural gas price of 48p a therm (spot price 250p) and $65 a barrel for Brent Crude (spot $103). WH Ireland’s fair value estimate of 622p a share is more than 3.5 times the company’s current share price. The 15 per cent share price drift since I covered the half-year results (‘Bargain shares: Profit from the energy crisis’, 27 September 2021) is not only unwarranted, but offers a potentially highly lucrative entry point. Jersey has net cash of around £9.6mn, so is in a strong position to seal a deal. Buy."

[highlyunlikely] 24/2/2022 01:06

....is eating words one of your hobbies, Roddyb? Your tummy must be rumbling. It's said patience is a virtue.............

[roddyb] 22/2/2022 09:20

Good grief after 2 years of absence, I thought I would check in on the good ship JOG to see how we are doing in this buoyant POO market.

Same old- same old. Jam tomorrow. No progress. People thinking 200p was a bottom- wrong!

Time for a total change in strategy if you ask me. Sell up the rights, do a carbon trade and move on to somewhere else where JOG can actually get a project off the ground.

[daler1966] 10/2/2022 16:17

Up we go then down we go :-)

[mesquida] 10/2/2022 10:24

Nice to be reminded of their 700p share price target though !

[albo] 10/2/2022 09:03

Nothing new in the Arden note this morning. What was the point of that? Just reminds people that the farmout didn't work!!!!

[kakapo1] 08/2/2022 08:48

If the article mentioned Buchan, Verbier etc, PI's would have something to crow about. Rosebank and 5 other fields are identified for quick development. Having walked away from Buchan, Equinor is a major operator in Rosebank.

[smackeraim] 08/2/2022 08:42

https://www.telegraph.co.uk/politics/2022/02/07/six-north-sea-oil-gas-fields-fired-amid-cabinet-row-net-zero/

[sigma3333] 03/2/2022 13:57

albo

Abandonment ops started on Hannay & Buchan. imho data re the state of the reservoirs (pressure) shall be shared with JOG by Repsol. The data should define what the next moves are




siggy

[albo] 03/2/2022 12:45

Surely there must be a plan being hatched in the background for the Buchan field?
Witing for a power cable isn't going to work here. share price will be on the floor.