The drilling of a long-awaited appraisal well on the Verbier discovery has begun.
North Sea explorer Jersey Oil & Gas has appointed a new chief financial officer.
Jersey Oil and Gas said today that the start of a drilling campaign which includes its "flagship asset" is "imminent".
Norwegian oil giant Equinor’s decision to delay an appraisal well on a North Sea field is only a minor setback for project partner Jersey Oil and Gas, an analyst has said.
Jersey Oil & Gas said oversubscribed placing has seen the firm raise £1.6million from new and existing shareholders.
Jersey Oil & Gas said its survey vessel has arrived at a North Sea licence to begin work for Statoil.
An oil and gas firm have been given extensions to three of their Danish projects. New World Oil and Gas Plc have been granted extensions to work programme commitment deadlines on their three Danica Jutland and Danica Resources Limited licences. This will allow for them to propose more technical work to further eliminate the risks of prospects at the spots, located in south-east and south-west Denmark.