Jersey Oil And Gas Share Discussion Threads

[its top up time] 29/4/2022 13:19

Of course. So when they've finished, you know what to do..

[fardels bear] 29/4/2022 13:12

And on cue, the traders sell out pronto.

[dillydally2] 29/4/2022 12:23

Someone's loading up News is close hence the article yesterday This could be worth hundreds of millions currently 80m McapNo debtMajor farm in partner is likely and uk government want to accelerate this project

[genierub] 29/4/2022 12:22

NT to buy or its in auction. Pop Pop Pop

[catchingmice] 29/4/2022 12:14

Some NT trades gone through @ 2.67

[dillydally2] 29/4/2022 12:11

Mms making it nt to sell at times to panic people into sellingThere is more to this riseFarm out prob being completedUk needs this projectCould be well over 20 quid a share if all goes well

[genierub] 29/4/2022 12:06

Ladies and gents, I give you Fridays multibagger.

This is about to go nuts.

[catchingmice] 29/4/2022 11:41

The 2.20 level was quite significant going off the 50 day moving average and a gap up to the 2.60-2.70 level should be achieved over the next week or so.Obviously some profits being taken in between the next move North

[catchingmice] 29/4/2022 11:25

Smashed the 2.29 resisted level with easehappy days from here

[pro_s2009] 29/4/2022 10:34

Up she goes....new high

[catchingmice] 29/4/2022 09:31

Should surpass the 52 week high and then looking at 2.29 as the next Breakthrough

[boystown] 28/4/2022 18:19

The last bit reads...

"Importantly, net cash of £13mn (40p a share) provides the balance sheet strength for Jersey to optimise value for its own shareholders in its negotiations. Assuming a farm-out deal is done later this year, then the gap between Jersey’s share price (190p) and analysts’ faiur [sic] value estimates (571p to 660p) is set to narrow dramatically.The bottom line is that the price could easily double or more if a farm-out deal is completed, as seems likely to happen this year. Buy."

[mirabeau] 28/4/2022 18:12

Bargain Shares: Primed to hit pay dirt


A UK North Sea-focused upstream oil and gas company is closing in on a transformational farm-out deal that could put a rocket under its share price.

April 28, 2022

By Simon Thompson

• Strong interest from farm-out partners in developing the Greater Buchan Area project
• Net cash of £13mn provides financial strength during negotiations
• Risked NAV estimates more than three times current share price

Jersey Oil & Gas (JOG:195p), a UK North Sea-focused upstream oil and gas company is closing in on a farm-out of its 100 per cent owned Greater Buchan Area (GBA) project, which holds 172mn barrels of oil equivalent (boe) of discovered P50 recoverable resources (net to Jersey) including 126m boe attributable to Buchan. A further 168m boe of prospective resources have been identified close to Buchan, too.

Chief executive Andrew Benitz notes “strong interest in developing the GBA project and we are actively engaged with multiple counterparties of scale, with ongoing due diligence involving two-way collaborative workstreams.” Work is progressing to assess various development concepts that can facilitate the farm-out, including using..........

[sigma3333] 28/4/2022 10:12

mario

yes, good news.


"JOG is actively engaged with multiple high quality interested parties regarding the planned farm-out of an interest in the GBA."

Each of these parties shall have their own teams and be the long overdue QA/QC of the GBA potential.

siggy

[mariopeter] 28/4/2022 08:58

Good they seem to be moving away from spending over $1b on development of the GBA.

[sigma3333] 21/4/2022 11:38

RB

The recent purchase of Siccar by Ithaca throws another potential outcome. Ithaca intend to list and the easiest way is a RTO. RTO candidates (for me) are Orcadian and JOG.

Orcadian is a heavy oil player (Ithaca has Captain and now Mariner so could leverage their experience for ORCA's Pilot)

Les is ex Ithaca

So, a big IF, there could be a small premium to be had if JoG are RTOed

Either would be a much cheaper/tidier route to market than HBR's PMO in terms of debt/staff

Siggy

[rbonnier] 19/4/2022 13:14

Going back to 150P leaving £2+ buyers up the creek without a paddle !
They can only hope for good news but the silence from the company so far this year is deafening.

[pro_s2009] 15/4/2022 03:36

NORTH Sea-focused Jersey Oil & Gas has seen its shares surge six per cent after an analyst predicted interest in the company’s flagship project would be boosted by the Governm...........................

[limor] 14/4/2022 08:48

Interesting Read this morning on JOG

[nestoframpers] 13/4/2022 09:17

nearly at previous high of 225 on 9th March , which would be a cup and handle ( maybe ? )

[catchingmice] 13/4/2022 09:07

Looking at a new 52 week high very soon

[genierub] 12/4/2022 11:11

10,000 shares at 220p.
The big boys are loading.

[mesquida] 12/4/2022 09:20

albo, i tend to agree with your comment (4353 ), but have to say that any profit taking seems easily absorbed. However, I expect a serious tree shake before the Easter shutdown.

[arcadian] 11/4/2022 17:03

36 Thanks for that. Was curious.