Jersey Oil And Gas Share Discussion Threads

[bullson1] 27/8/2018 01:29

Nice find rogerlin! I think it said 27.-28.8. ...so will be interesting to see where it goes!

[rogerlin] 26/8/2018 20:15

Siem Commander and Siem Challenger listed to move the West Phoenix, we will soon see where it goes to.

[pro_s2009] 24/8/2018 18:06

The West Phoenix rig can drill in harsher winter weather. All depends really on Equinor and if they rejig Pip and Bigfoot.




.................Daniel Slater, research director at Arden Partners, said Jersey’s budget for the well campaign should not change, and that the rig booked for the task is suited to drilling in harsher winter weather...............


.

[trulyscrumptious] 24/8/2018 17:57

Good to see a decent day for once although, to be honest, I have taken the recent lows to top up so unconcerned if it stays low a while longer.

[chessman2] 24/8/2018 17:46

Hmm, looks like I've been a little on the slow side. Nonetheless I view any price under 200p good value so will try to join you holders next week.

[hiddendepths] 24/8/2018 17:03

Nice going, you two! Although the shares have been weak for a while, the volumes have been light and with the well being (sensibly) put back a few months the boredom factor set in with some of our more short term brethren selling out to go for something more imminent. As spudding of the appraisal nears, I'm sure the punters will start piling in. There's no sign of them yet! As you may note from the abortive previous rally to over 250p in short order, there's precious little stock around when the herd arrives.

It's interesting to compare the current price with where it was ahead of even spudding the initial exploration well, at which point the company had nothing but hope value.

[pro_s2009] 24/8/2018 16:53

anley, there you go, as below, from 2017 presentation, 125m water depth :

[anley] 24/8/2018 16:38

Can someone please tell me how deep the water is in the proposed drilling area.

Thanks.

[pro_s2009] 24/8/2018 13:22

Same for me...will keep adding up to 200p for now.

[anley] 24/8/2018 13:19

Anley........and depending on the news as it unfolds then up to £2............

[hiddendepths] 24/8/2018 13:15

My thanks too pro. Looks good!

Is it you or anley or persons unknown buying a few more?

[pro_s2009] 24/8/2018 12:03

From the other thread :


bullson1
24 Aug '18 - 09:54 - 2273 of 2274

Rogerlin - I posted something similar like the below before because I had similar thoughts like you...however there is some information that might bring the date of the data being partly available forward...
Maybe this statement of PGS about the 3D Seismic survey could be interesting/important...

"Fast-track data for each phase will be available four months after final shot."
Phase 1 included our block and was completed end of June.

We all know that the full images and data will only be available in Q1/2019 but on their website they (PGS who dod the survey) stated that some Fast Track Data would already be available after 4 months - which would make it October for our relevant Verbier field. I assume participating companies like Statoil/equinor will get some form of information already by then (of course not the full set of data) which could be interpreted as an advantage for the Verbier appraisal program? I can only assume that every little bit of extra data / images / information is helpful in planing the appraisal wells.

Here is the full article/rns from PGS:



Glah

[pro_s2009] 24/8/2018 12:03

I will copy the post over. I was thinking the same thing with the 3D, it can only help to have the very latest information on hand.

[rogerlin] 24/8/2018 11:54

Thanks Pro looks like we should all migrate.

Thanks also bullson1 for the post about the seismic, if more information is to be available in a reasonable time frame I think Statoil will wait for it.

[pro_s2009] 24/8/2018 10:51

Malcys comments earlier :



.

[pro_s2009] 24/8/2018 10:47

Started a new thread for JOG with at least with some information in the header.





Been buying in this month.

[pro_s2009] 24/8/2018 10:46

Been buying in August 2018, seems a good time to buy some potentially quite cheaply.

[bullson1] 24/8/2018 09:54

Rogerlin - I posted something similar like the below before because I had similar thoughts like you...however there is some information that might bring the date of the data being partly available forward...
Maybe this statement of PGS about the 3D Seismic survey could be interesting/important...

"Fast-track data for each phase will be available four months after final shot."
Phase 1 included our block and was completed end of June.

We all know that the full images and data will only be available in Q1/2019 but on their website they (PGS who dod the survey) stated that some Fast Track Data would already be available after 4 months - which would make it October for our relevant Verbier field. I assume participating companies like Statoil/equinor will get some form of information already by then (of course not the full set of data) which could be interpreted as an advantage for the Verbier appraisal program? I can only assume that every little bit of extra data / images / information is helpful in planing the appraisal wells.

Here is the full article/rns from PGS:
hxxps://www.pgs.com/media-and-events/news/pgs-commences-moray-firth-phase-2

Glah

[wiltshireram] 24/8/2018 08:36

Hi Anley

25-130 mboe at Verbier with JOG owning 18%

[rogerlin] 24/8/2018 08:32

The West Phoenix rig is still at Guillemot. It has to go to Ragnfrid North, Pip and Bigfoot if I understand it correctly, none of these can take less than a month and if side-tracked could take two or more. I wonder if Equinor are wanting to wait for the new seismic on the Verbier licence which will be available in the New Year?

[anley] 23/8/2018 17:13

Thanks HiddenDepths for your post.
Yes I follow Malcy's posts so now its at least two - HUR & JOG. There is another one soon which I will mention as more information flows my way.

WiltshireR........like your post but how do you work out your prices? Just give me a flavour please........

[wiltshireram] 23/8/2018 16:23

Irrespective of exactly when Verbier gets drilled, the time until the spud is decreasing by the day & could now be less than 10 weeks away.

In my opinion, the share price will move sharply upwards ahead of the drill and I've therefore been patiently loading up in anticipation. This will move very quickly once the herd arrive. Expecting £3.00 minimum ahead of the drill, and £6-8.50 on a successful outcome.