Jersey Oil And Gas Share Discussion Threads

[catchingmice] 11/3/2024 14:27

Never thought for a minute we would see these levels againI wonder what AB is thinking at the current price

[catchingmice] 06/3/2024 13:48

I imagine the price fall is because of the extended windfall tax until 2029Probably expected by the market weeks ago....hence the decline

[aimloser1] 20/2/2024 14:08

Does this mean we need to wait another 2/3 years to get a return?

[pcok] 15/2/2024 12:39

Great presentation and thanks for posting. AB is impressive. Softly spoken with a deep command of the brief. Would seem the only cloud on the horizon is the potential for political blocking of NS development but this is an existing license and to quote a certain ego stuffed incompetent turkey oven ready.He even outlines the 5 bagger case as the most likely just developing the Buchan without the Greater thrown in. Compelling investment for the patient. First oil end 2026.

[carcosa] 15/2/2024 04:57

Presentations video for the prior post:

[master rsi] 14/2/2024 23:42

Jersey Oil and Gas unveils strategic advances and major acquisition for Buchan Field Redevelopment
- Published: 16:20 14 Feb 2024 GMT
Andrew Benitz, CEO of Jersey Oil and Gas PLC (AIM:JOG, OTC:JYOGF), highlighted key developments and strategic achievements of the company at the Proactive One2One Investor Forum.

Underlining the significant progress in the Greater Buchan Area, Benitz showcased the acquisition of an FPSO (Floating Production Storage and Offloading) unit, pivotal for the redevelopment of the Buchan oil field, marking a crucial step in de-risking the project. This FPSO, operational in the North Sea since 2017, is set to be modified for Buchan's redevelopment, emphasizing the project's scale as one of the North Sea's largest developments.

Jersey Oil and Gas has successfully farmed out the project to two major companies, enhancing its financial and operational foundation. Benitz also reflected on the company's journey, from acquiring a company out of administration in 2015 to becoming a significant player in the North Sea exploration and development sector. The company's strategy has led to a retained 20% interest in the Buchan project, with a projected net cash flow exceeding £500 million.

The presentation outlined the project's robust economics, funding arrangements, and the expected timeline towards first oil, highlighting the company's low-carbon vision and the team's entrepreneurial spirit. Benitz also addressed the disconnect between the market cap and the core NAV of the assets, presenting a compelling investment case based on high-quality development, strategic partnerships, and significant future cash flow potential.

This strategic update from Jersey Oil and Gas PLC (AIM:JOG, OTC:JYOGF) illustrates a clear path to production, emphasising the company's resilience, strategic acquisitions, and focus on carbon-efficient operations, positioning it as a significant player in the UK North Sea oil and gas sector.

[hsfinch] 12/2/2024 16:51

Red Ed Miliband wii be itching to put the boot into JOG's plans.

[cashstrapped] 30/1/2024 08:11

SC has been a fan for a while I think.

[blueball] 29/1/2024 21:32

Simon cAwkwell tipped this.?

[pcok] 29/1/2024 18:18

Great corporate update released and share price stagnant. Malcy reiterates £10 per share fair value after hours. Surely strong bull case here.

[catchingmice] 26/1/2024 16:56

Nice pull-back today after the recent sell off over several daysLet's hope next week is better

[pcok] 26/1/2024 13:16

If as I believe JOG would be classed as not a new development under any Starmer administration then it should be good to proceed. Benitez recent chunky buy would indicate he believes this to be the case. If so bargain bucket price at the moment.

[boystown] 25/1/2024 19:09

From WH Ireland (via Research Tree). Sorry, I don't subscribe so can't provide the full report....

"Jersey Oil & Gas had a transformative 2023 having secured two successful farmouts such that the company now retains a 20% interest in the Greater Buchan Area (“GBA”) on a fully carried basis until first oil is achieved at the Buchan field. We are putting forward an updated fair value estimate of 705p (see Table 1). For reference, including only the value of the Buchan field, adjusted for balance sheet items, would result in a fair value estimate of 641p."

[36redhill] 25/1/2024 18:13

I wonder if Jim333 is selling down or James Simpson selling in fictitious shares.

[catchingmice] 25/1/2024 11:51

Never thought we would see these levels again after what the board have achievedAB must be tearing his hair outMy last top up was at 1.82 and i thought that was a steal

[targatarga] 25/1/2024 09:38

Think you'll find Kier Starmers the problem!

[catchingmice] 24/1/2024 15:02

I wonder what the board think about the current share priceNot sure what else they can do after two successful farmoutsI would happily take 4/5 Quid per/share for a bid and then put my money into property

[cashstrapped] 24/1/2024 13:49

limor any chance you could cut and paste that article please?

[spooky] 24/1/2024 10:14

I don't know the story at JOG that well. Is there any particular reason for selling at these levels apart from the timescales involved?

[limor] 24/1/2024 08:00

Latest Research posted this morning by Zeus on JOG.

[catchingmice] 17/1/2024 10:42

Ridiculous price currently after the recent farmoutHoping to shuffle a few shares around and increase my holding in JOG once moreIt's a grind at the moment and plenty of patience needed in herebut one i can wait for