Equinor sells back stake in ‘disappointing’ Verbier field to Jersey Oil and Gas
Jersey Oil and Gas is back on the hunt for partners to develop its Verbier discovery after energy giant Equinor decided to sell back its 70% stake.
Verbier
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.
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.
Lifjellet ‘could be one to watch’ for UK campaign says Equinor
Equinor has said its Lifjellet prospect in the Central North Sea could be the “one to watch” from its UK exploration campaign.
Exploration: do not write the North Sea off
New North Sea discoveries have acted as a “beacon” for the rest of the industry, according to the Oil and Gas Authority’s (OGA) head of exploration.
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.
Drilling finally starts on Verbier appraisal well
The drilling of a long-awaited appraisal well on the Verbier discovery has begun.
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.
Start of drilling campaign including Verbier ‘imminent’, Jersey says
Jersey Oil and Gas said today that the start of a drilling campaign which includes its "flagship asset" is "imminent".
Verbier delay a setback for Jersey, but not a major blow, analyst says
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.
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.
Statoil books West Phoenix rig for North Sea well campaigns
Statoil said today that it had booked a rig to drill three wells in the UK North Sea in summer.
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.
Statoil makes UK North Sea discovery of up to 130 million barrels
Statoil this morning confirmed a UK North Sea discovery.
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.
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.