Jersey Oil And Gas Share Discussion Threads

[market whispers] 01/11/2024 07:35

What changes have been made to the UK oil and gas tax regime? In July the UK government confirmed that it intended to increase the Energy Profits Levy (EPL) to 38% (making the total UK oil and gas tax rate 78%), extend the end date for the EPL from March 2029 to March 2030, and remove the 29% uplift allowance for CAPEX against the EPL. These changes were all confirmed in the recent UK budget announcement, and see the tax relief available against CAPEX spent during the period of the EPL move from 91p per £1 of CAPEX to 84p.

[market whispers] 01/11/2024 07:35

♦ In the recent UK budget the government announced an update to the UK oil and gas tax regime, alongside two sector consultations on long-term tax and environmental rules. In our view, these announcements have provided helpful additional clarity on tax for JOG and the company’s Buchan development project, and a route to further clarity in the coming months.

[market whispers] 01/11/2024 07:35

. Jersey Oil & Gas JOG LN - Oil & Gas Producers UK tax update provides additional clarity.


Look at below .

[limor] 01/11/2024 07:05

Happy Friday All

Enclosed updated research note.

[catchingmice] 31/10/2024 08:36

ST Indicators20 Day moving average BUY ST Indicators 50 Day moving average BUY ST Indicators 100 Day moving average BUY JOG had a 100% SELL Rating over the past several monthsWe are now down to a 40% SELL Rating

[catchingmice] 30/10/2024 15:11

It's pretty clear from that Link that Buchan will definitely be going ahead.

[catchingmice] 30/10/2024 15:09

https://www.bnnbloomberg.ca/investing/2024/10/30/uk-goes-no-further-in-raising-north-sea-tax-amid-industry-outcry/

[catchingmice] 30/10/2024 14:07

MunnieTorxWhat an absolute CLOWNMy only regret is i didn't top up more than 2000 shares yesterday at 57pHowever i did better than the lying toe rag MunnieTorx who claims he bought at 60pPMSL

[catchingmice] 30/10/2024 09:24

That's the 1st resistance broken at 58.90Now looking at 66.00 next level

[catchingmice] 30/10/2024 09:21

Quite a few trades not showing just like mine didn't show yesterday afternoon However good to see a tick up in the price from opening Fingers crossed for better news at midday

[catchingmice] 29/10/2024 16:02

Just took a decision based on better news tomorrow for the O&G SectorTopped up with 2,000 shares

[catchingmice] 29/10/2024 15:49

Good to see a slight recovery today after big recent declines

[catchingmice] 29/10/2024 14:26

It's one of those decisions do you purchase today or in the morning or after we've heard the budget?

[catchingmice] 29/10/2024 09:27

Someone is confident with their 12k purchase for 25.000 shares this morning Good luck as we are all hoping this will turnaround at some point

[limor] 29/10/2024 08:39

Morning all

Bought 5000 JOG this morning early doors and the sale is showing as a Sell .

[catchingmice] 28/10/2024 13:01

https://www.telegraph.co.uk/business/2024/10/27/french-oil-giant-legal-battle-plan-shut-north-sea-terminal/

[hsfinch] 28/10/2024 07:14

I think he's got it about right. Market cap here is around 17million. It ain't worth that with Labour in power. If Reform gets in 5 years down the line, JOG could be off to the races. But that's a long shot. And I think JOG shuts down before then.

[bones698] 25/10/2024 18:35

The bod will just collect wages for years here now and use up the cash hoping something changes . They are a one trick pony and that trick is now dead . Expect it to head lower and lower as cash gets used up . Trying to move onto something else will eat the cash faster os pay for their wages ,either way it's heading lower for the next few years imo . Tried to warn people it was another trap . Funny how they have all disappeared now .

[kakapo1] 25/10/2024 07:00

Starmer is bound to give the Rights to Argentina

[bones698] 25/10/2024 06:08

Doesn't help this shower one bit it's toast