Jersey pays out $850,000 after Verbier dispute with subsea firm TGS
Jersey Oil and Gas (JOG) has announced an $850,000 (£620,000) pay out after a legal dispute with subsea firm TGS-Nopec Geophysical Company.
Jersey oil and gas
Jersey Oil and Gas hails ‘significant’ new prospect
Jersey Oil & Gas said yesterday it had identified a “significant” new prospect in the central UK North Sea.
Acquisition gives Jersey Oil and Gas full control of North Sea licence
London-listed Jersey Oil and Gas has agreed to buy the remaining 12% of the licence containing the Verbier discovery in the outer Moray Firth.
Number of North Sea reverse takeover candidates has ‘diminished significantly’
The number of public listed North Sea operators that could be a suitable fit for a reverse takeover have “diminished significantly”, according to an industry experty.
Jersey favours fixed platform for Buchan area, sales process to launch early next year
Jersey Oil and Gas said today that a new, fixed platform would be its preferred option for developing its flagship Greater Buchan Area (GBA) in the North Sea.
Jersey completes deal for North Sea licence
Jersey Oil and Gas has wrapped up the acquisition of a 70% stake in the UK North Sea licence containing the Verbier discovery from Equinor.
Jersey Oil and Gas eyes GBA farm-out later this year despite Covid-19
Jersey Oil and Gas has said it plans to launch a farm-out process later this year for its Greater Buchan Area in the North Sea, despite the Covid-19 and oil price crises.
Not quite business as usual, but we’ll survive the crisis, Jersey says
North Sea minnow Jersey Oil and Gas said today that it is well placed to ride out the coronavirus and low crude price storm.
Oil firms will team up to deliver 200m barrels from North Sea
A group of oil and gas firms have joined forces to plan the delivery of more than 200 million barrels from the outer Moray Firth.
Jersey plans to electrify Buchan area
A North Sea minnow outlined plans to put its Greater Buchan Area (GBA) development project at the heart of the energy transition at Subsea Expo yesterday
Jersey shares sink as Equinor snubs Buchan area stake
Jersey Oil and Gas today insisted that its Greater Buchan Area (GBA) project is “very exciting” despite Equinor turning down a stake in the acreage.
Jersey dishes out Buchan area development contracts
Jersey Oil and Gas has awarded contracts to Rockflow Resources and Petrofac for the development of its licences in the Greater Buchan Area (GBA).
Updated: Jersey sets out to develop Buchan assets ‘with vigour’, narrows first-half losses
North Sea minnow Jersey Oil and Gas has started plotting out the development of 120 million barrels of oil in the Greater Buchan Area (GBA) of the outer Moray Firth.
Jersey claims 120m barrel Buchan opportunity after latest block award
Jersey Oil and Gas has taken the next step in its mission to amass a major resource base in the outer Moray Firth after clinching the block containing the Glenn discovery.
Jersey Oil and Gas share price soars 140% after ‘transformational’ licensing round
North Sea minnow Jersey Oil and Gas (JOG) saw its share price skyrocket by 140% yesterday after an announcement on new licensing awards.
Jersey hails ‘most significant event since inception’ with new North Sea blocks
Jersey Oil and Gas (JOG) has added 100million barrels to its North Sea portfolio thanks to new acreage awarded by the Oil and Gas Authority.
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 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.