Jersey Oil And Gas Share Discussion Threads

[ashkv] 23/11/2023 11:38

At 210p Serica Energy Enterprise Value / 2P Reserves is $6.71 based on YE 2022 CPR of 130.4mn 2p barrels..

Is there another valuation method being employed for JOG versus actual producing oilers... incredulous...

[ashkv] 23/11/2023 11:27

CPR figure is the reliable figure - rest is all conjecture....

[nestoframpers] 23/11/2023 11:12

RNS Number : 4263A
Jersey Oil and Gas PLC
24 May 2023

This transaction unlocks the route to finalising the GBA development solution and monetisation of resources in excess of 100 million barrels of oil equivalent in total.

70 Mn blls used in RNS today is just the CPR figs , always closely clipped.

190 always said that , sitting duck.

[ashkv] 23/11/2023 11:07

Enquest based on Current 13.7p share price..

2P Reserves BoE (Year End 2022): 190,000,000
Enterprise Value/2P: $4.94 per barrel...

WHERE ARE THESE INSANE JOG VALUATIONS COMING FROM!!!

[ashkv] 23/11/2023 11:04

"Takeover Target" - Simon Thompson spouting journalistic gibberish... start a fund rather than writing about fairy tale valuations...

Malcy's twin.... :)

[carcosa] 23/11/2023 10:55

Now a takeover target

[ashkv] 23/11/2023 10:43

2p valuation for I3E Energy is $1... with a solid balance sheet....

I3E 2P Resources 31 Dec 22 181.5mmboe

[ashkv] 23/11/2023 10:22

NestofRampers 14mn barrels of 2C per SQZ RNS on Farm-In to GBA

JOG share 20% of 70mn barrels

"The GBA encompasses several oil and gas accumulations some 150 km north-east of Aberdeen, in the Outer Moray Firth. The largest of these accumulations is the Buchan field which produced for over thirty years, ceasing production in 2017 owing to the end of the useable life of the floating production facility. The Concept Select Report submitted to the NSTA for the re-development of Buchan is based on a new production hub located at the Buchan field utilising the floating production, storage and offloading ("FPSO") vessel currently operating on the UK Western Isles fields and planned to come off-station in the second half of 2024. The acquisition of the FPSO by NEO on behalf of the participants in the Buchan joint venture was announced on 17 November 2023.

A phased development is envisaged involving the re-development of the Buchan field in Phase 1 and the possible development of the J2 and Verbier discoveries in Phase 2. Mid-case contingent resources from the Buchan field alone are estimated to be in region of 70 million barrels of oil equivalent, making it the third largest pre-development field in the UKCS. There are other discoveries and prospects in close proximity which might provide additional tie-back opportunities to the FPSO."

ACQUISITION OF INTEREST IN GREATER BUCHAN AREA
SERICA ENERGY PLC
Released 07:00:11 23 November 2023



nestoframpers23 Nov '23 - 09:55 - 5187 of 5187
0 0 0
So JOG has 17 Mn Blls for no expenditure , excellent result , % INCREASE OVER 5 YEARS IS GOING TO BE CRAZY.

[nestoframpers] 23/11/2023 09:55

So JOG has 17 Mn Blls for no expenditure , excellent result , % INCREASE OVER 5 YEARS IS GOING TO BE CRAZY.

[nestoframpers] 23/11/2023 09:51

183 agree.

Well done to Benitz, did ok in the end.

[fardels bear] 23/11/2023 09:41

Nice little plug, Ash.

[catchingmice] 23/11/2023 09:11

Pro never changes as proved over the years....if you listen to Pro you will end up potlessOne of the biggest tools across LSE & ADVFNJust ignore is the best way

[mike290] 23/11/2023 09:02

Jersey Oil and Gas released some very good news this morning.
I am really pleased for genuine JOG shareholders.

May I ask if Pro_S2009 knew anything about this farm-out in advance? I doubt it.
Either way, it seems sensible to repeat Olderwiser's warning 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] 23/11/2023 09:01

Jersey Oil and Gas released some very good news this morning.
I am really pleased for genuine JOG shareholders.

May I ask if Pro_S2009 knew anything about this farm-out in advance? I doubt it.
Either way, it seems sensible to repeat Olderwiser's warning 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"

[pro_s2009] 23/11/2023 08:59

It is excellent news.

JOG has delivered handsomely to those who held through the lows.

[mariopeter] 23/11/2023 08:57

Good to see this. Wow!

[ashkv] 23/11/2023 08:57

At 260p removing cash (as will go towards G&A an other costs) EV per barrel of reserves is USD 7.67... given JOG's 14 mn barrels of retained reserves...

This when first oil is 3 years away in a best case scenario and far from a certainty given the incoming Labour administration....

[tradewithtrend] 23/11/2023 08:54

Rather than trying to be clever saying 'take profits' 'drift lower' etc watch the daily vwap which is currently 250p far more useful than random comments

[ashkv] 23/11/2023 08:48

Simon Thompson was recently / in Oct 23 writing about how undervalued Cleantech Lithium is and the poor fools who bought on that Clown's recommendation... CTL just did an equity raise at 22p...

Agree with the prior poster - JOG will drift down post some suckers buying in today...

Take profits....

[catchingmice] 23/11/2023 08:44

People waking up to the news now as more buyers are coming inHopefully a write up by Simon Thompson very soon will boost the share price even further

[pro_s2009] 23/11/2023 08:31

I will post the broker notes and updates later today once they are out.