Jersey Oil And Gas Share Discussion Threads

[basem1] 23/11/2023 08:29

I am keen and a former holder But this will drift after today when people realise there will be no further substantial news It is a bear trap at present One for the buy monitor in 2 years time I have done well with it I remember buying at 54p and selling at 2.25 around 3 years ago

[catchingmice] 23/11/2023 08:27

Some of those selling out early doors might just regret the price action a little laterIt's possible this might hit 3 quid per/share at close of play

[pro_s2009] 23/11/2023 08:24

30% up, still not enough.

[sphere25] 23/11/2023 08:23

I have bought the dip, in at 235p.

Material re-rate expected by the broker on this news with it significantly de-risking the 755p risked target. Have to wait and see how the day pans out, but strong early buying.

Isn't this what the market was waiting for?

This share has gone screaming north well over 300p without this.

Stop at 220p if I have mis-read the situation here.

All imo
DYOR

[catchingmice] 23/11/2023 08:22

Approx 3yrs when the oil starts flowingSurely double figures in 2026 if not before

[pro_s2009] 23/11/2023 08:17

Worth more than 20%

[basem1] 23/11/2023 08:15

You have 3 years before this gets serious Anything could happen I might not even be around to see it

[catchingmice] 23/11/2023 08:15

20% free Carry on the buchan oil developmentWhat's not to like here

[daler1966] 23/11/2023 08:09

Don't buy into the news.

[catchingmice] 23/11/2023 08:09

Some of these traders can't hold longer than the time it takes a kettle to boilThis is Transformational news for JOG

[pro_s2009] 23/11/2023 07:19

Excellent news today !!

RNS Number : 3861U

Jersey Oil and Gas PLC

23 November 2023

23 November 2023

Jersey Oil and Gas plc

("Jersey Oil & Gas", "JOG" or the "Company")

GBA Farm-Out to Serica Energy

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 it has agreed to farm-out a 30% interest in the Greater Buchan Area ("GBA") licences to Serica Energy (UK) Limited (the "Serica Farm-out"). Upon completion of the Serica Farm-out, JOG will have a 20% interest in the GBA licences and a full carry on the capital expenditure required to bring the Buchan field into production.

Highlights :

-- Fully Funded : The transaction delivers material value to JOG and results in the Company having a fully funded 20% interest in the on-going Buchan redevelopment project

-- Strong industry partner : Serica is a leading mid-tier UK oil and gas company producing more than 40,000 barrels of oil equivalent per day, further strengthening the quality of the GBA joint venture

-- Milestone payments : $18 million of the $38 million cash payments attributable to the two GBA farm-outs will have been received upon completion of the Serica transaction

-- Value creation : Clear path to development sanction and first oil, with JOG's fully funded position meaning the Company is underpinned by exposure to zero-capex flowing barrels

-- Future cash generation : Once onstream, JOG will be a non-operated partner entitled to 20% of production from the Buchan field

-- Low carbon development : redeployment of an existing floating production, storage and offloading ("FPSO") vessel that is planned for future connection to a nearby floating wind power development makes the Buchan redevelopment solution the option with the lowest full-cycle carbon footprint

[mike290] 21/11/2023 20:00

Pro_S2009,

I am only interested in keeping others aware of your extremely deceitful activities on Advfn's bulletin boards.

My posts might be boring. However, I have no interest in entertaining you.

I will continue to frequently warn others about you (on Pantheon's, HE1's, PRD's, TXP's and JOG threads) though - whether you filter me or not :-)

[mike290] 21/11/2023 19:59

Here is another warning, from another trustworthy poster, about Pro_S2009's extremely deceitful activities on Advfn's bulletin boards.

Thanks to Olderwiser2.

Please do take heed of this warning.

"Pro (as in Pro_S2009, my note_

No matter how often you repeat your lies, it wont gain traction, by your actions over years now, you have proven yourself to be a manipulative liar, time and time again.

Yet you seem offended when posters point out this simple and now undeniable truth.

Sirmark has proven to be a useful contributor over the years, not the character you try to create, with a brand new set of lies.
So I can correct you I do read his posts, would not block him and appreciate his input, as I am sure many others do. Why do you presume to speak for others, when you know your opinion is at odds with the rational investor base

Can you see the problem, you as a known liar, lack the credibility to back up your creations. Not because you lied and deceived once, but because it is your norm.

At this point if you told me you are a compulsive liar, I would think you are honest, which would be such a conundrum"

[mike290] 21/11/2023 19:58

Here is another warning, from another trustworthy poster, about Pro_S2009's extremely deceitful activities on Advfn's bulletin boards.

Thanks to Olderwiser2.

Please do take heed of this warning.

"Pro (as in Pro_S2009, my note_

No matter how often you repeat your lies, it wont gain traction, by your actions over years now, you have proven yourself to be a manipulative liar, time and time again.

Yet you seem offended when posters point out this simple and now undeniable truth.

Sirmark has proven to be a useful contributor over the years, not the character you try to create, with a brand new set of lies.
So I can correct you I do read his posts, would not block him and appreciate his input, as I am sure many others do. Why do you presume to speak for others, when you know your opinion is at odds with the rational investor base

Can you see the problem, you as a known liar, lack the credibility to back up your creations. Not because you lied and deceived once, but because it is your norm.

At this point if you told me you are a compulsive liar, I would think you are honest, which would be such a conundrum"

[mike290] 21/11/2023 19:55

Pro_S2009,

I am only interested in keeping others aware of your extremely deceitful activities on Advfn's bulletin boards.

My posts might be boring. However, I have no interest in entertaining you.

I will continue to frequently warn others about you (on Pantheon's, HE1's, PRD's, TXP's and JOG's threads) though - whether you filter me or not :-)

[pro_s2009] 20/11/2023 03:22

AIM stocks nearly touched the 2020 Covid lows....however it does seem like there is a mini rally happening.......its either a bounce before new lows OR we are now seeing the start of a recovery on AIM. The end of year rally going to happen ? Need to break though the resistance line, if we do, AIM stocks might be on for a rally..............

[invest ted] 18/11/2023 08:56

hTTps://www.offshore-energy.biz/2017-built-fpso-picked-for-redeployment-at-north-sea-oil-project/

[catchingmice] 17/11/2023 15:47

Great news today and another milestone completedLooks like the shareprice is ticking up into close

[pcok] 17/11/2023 11:57

I believe the modification is not the replacement of the main engines which are needed to position and hold the ship in place. The electrification is for everything else that would normally run off a diesel power generator. Happy to be corrected.This part of the plan does concern me though as out of Benitez's hands and reliant on a completely independent wind farm development.

[nestoframpers] 17/11/2023 09:43

Maddening that JOG are discarding perfectly good diesel engines, insanity of net zero when drilling for oil, WTF.

[pro_s2009] 17/11/2023 07:03

Good news there.

[master rsi] 14/11/2023 23:38

189.50p +4.50p (2.43%)

Ready to motto on the double-bottom.

[master rsi] 06/11/2023 23:33

A bit of MMs playing games today, after the 10K sale at below bid price (over MMs size)

14:53:18 190.4738 10,000

Otherwise more buys than sales but the share price is down with the market.

BUYS 16K
Sales 12K

[master rsi] 31/10/2023 17:18

              ITS HALLOWEEN Tue, 31 October 2023