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 (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 a long-awaited appraisal well on the Verbier discovery has begun.
The drilling of an appraisal well on the Verbier discovery has been pushed back for a second time, a project partner revealed today.
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.
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.
Jersey Oil and Gas swung back to profit last year thanks to "beneficial" financial arrangements on a North Sea licence.
The owners of a licence containing a significant North Sea discovery have agreed to pay for a new 3D seismic survey of the area.
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 said today that it had booked a rig to drill three wells in the UK North Sea in summer.
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.
North Sea minnow Jersey Oil and Gas said today that it would raise £20million through an equity placement.
Statoil this morning confirmed a UK North Sea discovery.
UK North Sea oil explorers may have suffered “collective brain freeze” when coming up with their ambitious 2017 drilling targets, an analyst has said.
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 (JOG) said a North Sea sidetrack was "unlikely" after disappointing drilling results.
Jersey Oil & Gas has kick-started its North Sea drilling campaign.
Jersey Oil and Gas could scarcely have dreamt that the farm-out process for the North Sea Verbier prospect would go so smoothly.
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.