Jersey Oil And Gas Share Discussion Threads

[robo175] 14/11/2017 08:34

Interesting that schroders have took a stake and 9% thats quite big.

[rayrac] 14/11/2017 08:17

Who is the fool who keeps thumbing you guys down? Been upset at something?

Interesting shareholders!

[joshondale] 14/11/2017 05:23

Interesting

[timw3] 13/11/2017 21:07

Jeez Schroders and L&G coming onboard in JOG. Think i will need to start reloading here on the back of them two big guns buying.

[mirabeau] 12/11/2017 22:21

Exciting indeed

[rogerlin] 10/11/2017 11:50

Looks as if CIECO have support.

[rogerlin] 10/11/2017 11:46

Thanks cyan, I missed that, it's quite clear. Now have to wait for Statoil to unveil their plans, they will take their own time.

[cyan] 10/11/2017 10:01

Good morning rogerlin.

The answer to your question is here;

uk.advfn.com/stock-market/london/jersey-oil-gas-JOG/share-news/Jersey-Oil-and-Gas-PLC-Placing-to-raise-20m-by-ac/75903255

Extract;

"The Company's carried working interests from both Statoil (U.K.) Limited and CIECO Exploration and Production (UK) Limited have now expired and as such the Company will need to fund its 18 per cent. share of any costs relating to the P.2170 licence."

[rogerlin] 10/11/2017 09:08

The Company retains an 18 per cent. interest, of which 10 per cent. will continue to be carried by CIECO, pursuant to the pre-existing arrangements between the parties, and CIECO retains a 12 per cent. interest.

Does the carry by CIECO extend to further work on the licence?

[7rademark] 09/11/2017 22:19

It was all down to expectations. And they fell short so we take a hit. Maybe some more downside tomorrow until the dust settles but it won't change the end result.

[mirabeau] 09/11/2017 19:58

I suspect many private investors were unable to take part simply because their brokers were hopeless in either informing them or executing their wishes in a timely fashion. Moreover, I suspect many bought in the open market when the price fell to around £2.05-2.10p rather than going through the bureaucratic process of applying through the open offer

Let's get the flippers out of the way which may take a few days and we should see some strength return though I 'm focusing on the fundamental undervaluation of the company and the price can do what the hell it likes

M

[the drewster] 09/11/2017 19:12

I'm amazed that it wasn't massively oversubscribed ... hope it's indicative of what might happen over at PPC

[the drewster] 09/11/2017 19:10

The dip is almost certainly PIs selling what they now know they've secured in the open offer ... 10% to 35% profit has been available over the last 2 days.

[kirk 6] 09/11/2017 16:45

Way oversold expect big recovery tomorrow

[rayrac] 09/11/2017 16:41

All of mine too. Couldn’t be better.

[the drewster] 09/11/2017 16:38

All 25,000 - chuffed to bits

[kirk 6] 09/11/2017 15:35

What a stupid shake will be back blue shortly

[doc robinson] 09/11/2017 15:20

Well overdone !

[kirk 6] 09/11/2017 15:08

Excellent news

[7rademark] 09/11/2017 14:59

When you consider where we are at a 90% plus take up is more than positive. Usual market over reaction of course.

[roddyb] 09/11/2017 14:52

So our 200p offer did not completely sell out? Even though the share price was around 225p. Anyone else surprised by that?

[kirk 6] 09/11/2017 09:34

Can't buy any now watch this rocket