Jersey Oil And Gas Share Discussion Threads

[justsomeguy] 24/1/2023 15:48

interesting comparison to Jersey, think oil more viscous ?

hxxps://spongeshare.com/2023/01/23/orcadian-energy-not-just-a-one-trick-pony/

[hsfinch] 21/1/2023 16:20

Jersey toffs will be hoping and praying Sir Kweer Starmer doesn't get elected. No new developments in the North Sea if he does. And this share is worth...er...less. Them Jersey toffs might even make a donation to Liebour to buy influence. Who's gonna farm in now?

[albo] 19/1/2023 09:31

Yesterday afternoon's spike upwards has all but been wiped out this morning already. Shame, was hoping that yesterday was a bit of a good news leak.........

[chessman2] 18/1/2023 16:48

Looking excellent!!

[ashkv] 17/1/2023 12:38

Please Note From 29 Nov 22 JOG RNS
" Although multiple fiscal changes have slowed progress with closing out commercial farm-out discussions, we look forward to a successful conclusion if not by the end of the year then certainly in Q1 2023."

Licence Extension

Tue, 29th Nov 2022 07:00
RNS Number : 8508H
Jersey Oil and Gas PLC

29 November 2022
 
Jersey Oil and Gas plc
("Jersey Oil & Gas" or the "Company")

Licence Extension

Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf region of the North Sea, is pleased to announce that the North Sea Transition Authority ("NSTA") has approved an extension to the Second Term of its P2170 "Verbier" Licence. This licence is now aligned with JOG's P2498 "Buchan" Licence with the current phase expiring end of August 2023, in keeping with the Company's stated strategy of developing the Greater Buchan Area ("GBA") as an area-wide development plan.

Following a recent period of fiscal uncertainty, confirmation of the retention of the investment allowance as part of the recent amendments to the UK's Energy Profits Levy is welcome, as we progress advanced commercial discussions with a select number of counterparties in relation to the Company's GBA farm out process. 
Andrew Benitz, CEO of Jersey Oil & Gas, commented:

"We are pleased that the NSTA has agreed to extend the Second Term of the Verbier Licence in order to align it with the rest of our GBA asset base. Although multiple fiscal changes have slowed progress with closing out commercial farm-out discussions, we look forward to a successful conclusion if not by the end of the year then certainly in Q1 2023."

[ashkv] 17/1/2023 12:37

Only 6 big projects in the North Sea - and one of them is JOG's

Article from today / 17 January 2023

[ashkv] 17/1/2023 12:33

Crazy JOG close to 6 month lows of 207p at 211p today - when news of deal could appear any moment...

[bones698] 15/1/2023 17:39

I'll go for 80p I'm not as pessemistic as you Ron .

[rbonnier] 13/1/2023 15:38

50P by the end of March imo .

[ashkv] 13/1/2023 10:41

Hopefully soon we have news of a farm-out and don't have to wait till Q1 end!!!! Share price is really suffering....


Andrew Benitz, CEO of Jersey Oil & Gas, commented :

"We are pleased that the NSTA has agreed to extend the Second Term of the Verbier Licence in order to align it with the rest of our GBA asset base. Although multiple fiscal changes have slowed progress with closing out commercial farm-out discussions, we look forward to a successful conclusion if not by the end of the year then certainly in Q1 2023."

[paleje] 03/1/2023 11:32

Andrew Benitz, CEO of Jersey Oil & Gas, commented :

"We are pleased that the NSTA has agreed to extend the Second Term of the Verbier Licence in order to align it with the rest of our GBA asset base. Although multiple fiscal changes have slowed progress with closing out commercial farm-out discussions, we look forward to a successful conclusion if not by the end of the year then certainly in Q1 2023."

Well it didn't happen by end of year so...

[pro_s2009] 02/1/2023 06:11

Dont forget to get your entries in for the 2023 annual contest.



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[pro_s2009] 23/12/2022 03:59

Worth a read :



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[nestoframpers] 08/12/2022 18:28

Oil Cos and Nth sea WFT

[marvelman] 06/12/2022 12:31

SP waking up

[nestoframpers] 04/12/2022 22:41

We just need Sunak to be a realist and drop oil Co WF tax, the already over taxed sector needs a break , look at fuel prices FFS. Get fracking Sunak , bloody idiot.

[chutes01] 02/12/2022 13:52

akao misu from huricane may be utilised as prod vessel, plenty other options
4 wind turbines

[highlyunlikely] 02/12/2022 13:32

concise summary, chutes - thanks. Agree wholeheartedly. I'm long and strong - have been since the outset (I post as DU on the other forum). Not long now..............
:-))

[chutes01] 02/12/2022 13:11

expect deal confirmation before end dec, massive buchan oil field, only mothballed as rig was outwith cert - it was sister rig of alexander kieland which sank off norway - wells being re-drilled, multi lateral drilling to optimise and maximise volumes
jog may keep up to 40% free carry

[nestoframpers] 01/12/2022 15:28

Fully funded as well

[nestoframpers] 01/12/2022 15:27

JOG share price is so bouncy it is bound to attract voices from either side of the fence . I go with CM myself , look at the presentations.

Material asset base across
multiple reservoirs –
>150MMbbl 2C resources1
▪ Drill-ready exploration
potential, >160MMbbl
unrisked2
▪ 100% GBA equity provides
control and flexibility to
achieve farm-out goals

GBA – one of the few remaining large-scale, development-ready UK North Sea oil fields
Multiple factors aligned to make the GBA a highly-prized investment opportunity
GBA farm-out key to maximising shareholder value