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 (JOG) has announced an $850,000 (£620,000) pay out after a legal dispute with subsea firm TGS-Nopec Geophysical Company.
Jersey Oil & Gas said yesterday it had identified a “significant” new prospect in the central UK North Sea.
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.
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 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 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 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.
North Sea minnow Jersey Oil and Gas said today that it is well placed to ride out the coronavirus and low crude price storm.
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.
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 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 Oil and Gas has awarded contracts to Rockflow Resources and Petrofac for the development of its licences in the Greater Buchan Area (GBA).
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 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.
North Sea minnow Jersey Oil and Gas (JOG) saw its share price skyrocket by 140% yesterday after an announcement on new licensing awards.
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 has paid £750,000 to Jersey Oil and Gas over a North Sea licence it dropped in 2015.
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.
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.
Shares in Jersey Oil and Gas nosedived by nearly 60% today after the company revealed disappointing results at a UK North Sea well.
Drilling on the Verbier discovery has delivered underwhelming results, but partners remain optimistic they can salvage the North Sea field.
The drilling of an appraisal well on the Verbier discovery has been pushed back for a second time, a project partner revealed today.
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.
Petroleum Geo-Service has completed a 3D seismic survey on the outer Moray Firth licence containing the Verbier discovery.
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.