Total pays £750,000 to Jersey over dropped North Sea licence
Total has paid £750,000 to Jersey Oil and Gas over a North Sea licence it dropped in 2015.
Jersey oil and gas
Jersey Oil and Gas posts £2million loss after Verbier disappointment
Jersey Oil and Gas (JOG) has posted heavy losses in its full-year results after a “great disappointment” at its Verbier discovery in the North Sea.
‘Still plenty to play for’ insists Jersey after Verbier disappointment
Jersey Oil and Gas (JOG) has insisted there is “still plenty to play for” despite disappointing results at its Verbier discovery in the North Sea.
Jersey shares plummet nearly 60% on Verbier disappointment
Shares in Jersey Oil and Gas nosedived by nearly 60% today after the company revealed disappointing results at a UK North Sea well.
‘Surprise and disappointment’ at Verbier well in North Sea
Drilling on the Verbier discovery has delivered underwhelming results, but partners remain optimistic they can salvage the North Sea field.
Verbier appraisal well knocked into 2019, Jersey says
The drilling of an appraisal well on the Verbier discovery has been pushed back for a second time, a project partner revealed today.
Updated: Jersey shares sink as Verbier well nudged down the pecking order
North Sea exploration and production firm Jersey Oil and Gas said today that the drilling of an appraisal well on the Verbier discovery had been delayed.
Jersey hails important step on way to North Sea licence development
Petroleum Geo-Service has completed a 3D seismic survey on the outer Moray Firth licence containing the Verbier discovery.
Jersey eyes acquisitions, but keeps laser-like focus on Verbier
Bosses at Jersey Oil and Gas are targeting the acquisition of North Sea production assets as the firm’s activity in the basin ramps up.
Jersey back in profit thanks to Verbier farm-out
Jersey Oil and Gas swung back to profit last year thanks to "beneficial" financial arrangements on a North Sea licence.
Verbier partners to pay for new survey of licence area
The owners of a licence containing a significant North Sea discovery have agreed to pay for a new 3D seismic survey of the area.
Verbier field could be ‘company maker’, Jersey boss says
Bosses at Jersey Oil and Gas have said the company’s North Sea exploration ambitions won’t stop at the Verbier field in the near future.
Verbier project partners closing in on drilling rig
Jersey Oil and Gas said today that efforts to book a rig for an appraisal well on the Verbier prospect in the North Sea were at an advanced stage.
Jersey raising £20m to help fund Verbier programme
North Sea minnow Jersey Oil and Gas said today that it would raise £20million through an equity placement.
North Sea drilling failures show explorers suffered ‘collective brain freeze’, analyst says
UK North Sea oil explorers may have suffered “collective brain freeze” when coming up with their ambitious 2017 drilling targets, an analyst has said.
Verbier’s second chance can pay off for Jersey, analyst says
The Verbier field is well worth taking a second look at and could morph into a larger project, an analyst said.
Jersey shares rally on Verbier sidetrack announcement
Shares in Jersey Oil and Gas jumped 40% yesterday morning after the firm gave investors hope over the North Sea Verbier field.
Jersey Oil & Gas: Sidetrack unlikely after “disappointing” North Sea results
Jersey Oil & Gas (JOG) said a North Sea sidetrack was "unlikely" after disappointing drilling results.
Jersey’s North Sea deal a ‘unique’ achievement
Jersey Oil and Gas could scarcely have dreamt that the farm-out process for the North Sea Verbier prospect would go so smoothly.
Parkmead leading efforts to create North Sea mega-hub
Parkmead Group’s boss said yesterday that the Aberdeen firm would stay on the acquisition trail as it leads efforts to create a large North Sea hub.
Jersey Oil and Gas eyes uplift on oil estimates at two North Sea prospects
Jersey Oil and Gas has welcomed new figures showing higher than anticipated reserves at two North Sea interests.
Jersey expects quick decision on drill rig for Verbier
The search for the rig that will drill a North Sea well this summer is under way.
Jersey Oil and Gas eyeing further North Sea assets
Jersey Oil and Gas said it is working with its partners on possible acquisitions which could lead to it having a number of producing oil and gas assets in the future on the UKCS.
Jersey boss confident of North Sea acquisition backing
The boss at Jersey Oil and Gas (LON: JOG) yesterday said he was confident of finding investors willing to support the firm’s North Sea acquisition strategy.
Statoil buys 70% of UK North Sea licence
Norwegian energy giant Statoil has bought a 70% stake in a UK North Sea licence for $2million.