Jersey Oil close to Buchan farm-out deal with North Sea ‘heavyweight’
Jersey Oil & Gas says it’s now close to a final farm-out deal for the Greater Buchan Area (GBA) after years of negotiations and delays.
Jersey oil and gas
Jersey Oil and Gas expects to find Buchan partner by Q1 2023
Jersey Oil and Gas (LON:JOG) expects to conclude farm-out talks on its flagship Buchan field by Q1 2023, "if not by the end of the year".
North Sea independents see shares drop on windfall tax announcement
Several independent North Sea producers saw their share prices drop after the chancellor’s windfall tax announcement - lending credence to claims they are harder hit than oil majors by the policy.
Jersey making ‘great progress’ in finding partner for GBA redevelopment
Jersey Oil and Gas is making “great progress” in its quest to find a partner for the Greater Buchan Area (GBA) redevelopment.
Jersey resets timeline for flagship Buchan field over electrification plans
Jersey Oil and Gas is resetting the timeline for its flagship Buchan field, which had been due for an investment decision next year, in order to allow for electrification studies to take place.
Baron Oil beefs up stake in ‘sizeable’ North Sea target while Jersey casts off licences
London-listed minnow Baron Oil has struck a deal to increase its stake in what it describes as one of the UK North Sea’s few remaining sizeable undrilled targets.
Jersey hands in supply chain action plan for Buchan scheme
London-listed Jersey Oil and Gas has submitted the supply chain action plan (SCAP) for its £1 billion Greater Buchan Area scheme to regulators.
Jersey Oil says 2020 was ‘important year’ as Buchan plans took shape
Jersey Oil and Gas said today that 2020 had been an “important year of consolidation” as it forged ahead with plans to redevelop the Greater Buchan Area (GBA) of the North Sea.
Jersey Oil and Gas appoints former Ithaca CEO to board
Jersey Oil and Gas has announced the appointment of Les Thomas to its board as an independent non-executive director.
Jersey wraps up deal for remaining stakes in Verbier
Jersey Oil and Gas has wrapped up its acquisition the remaining 12% of the Verbier discovery in the UK North Sea.
Jersey Oil and Gas shares slide as firm suggests equity fundraise
Shares in Jersey Oil and Gas sank today after the company confirmed it was in talks regarding a £10-15 million equity fundraising.
Jersey ready to test interest in Buchan project, warns of ‘green premium’ for electrification
Jersey Oil and Gas is ready to test the market’s interest in its Greater Buchan Area (GBA) again after unveiling its £1 billion development concept, with platform electrification as a cornerstone.
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 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.