Jersey Oil and Gas eyeing further North Sea assets
Jersey Oil and Gas said it is working with its partners on possible acquisitions which could lead to it having a number of producing oil and gas assets in the future on the UKCS.
Jersey oil and gas
Jersey boss confident of North Sea acquisition backing
The boss at Jersey Oil and Gas (LON: JOG) yesterday said he was confident of finding investors willing to support the firm’s North Sea acquisition strategy.
Statoil buys 70% of UK North Sea licence
Norwegian energy giant Statoil has bought a 70% stake in a UK North Sea licence for $2million.
Jersey boss says North Sea has had its Northern Rock moment
The boss of acquisition focused oil and gas junior Jersey Oil and Gas said he believed the North Sea oil and gas industry has had its Northern Rock moment of panic and was now getting on with the task of reestablishing itself as a viable sector.
Jersey Oil and Gas launches acquisition offensive in North Sea, eyes up 25 interests
Jersey Oil and Gas is on the hunt to snap up assets in the UK North Sea. The firm today confirmed it was active in nine sales processes involving more than 25 field interests.
Jersey looks to low cost tie back fields
Salary cuts and cost savings are part of a Jersey Oil & Gas strategy to maintain a lean operation that it believes will help it make money at less than $30 per barrel.
Tough times for sure, but the future of North Sea remains bright
With the oil price hovering at $30/bbl, it is unsurprising that some are claiming that the North Sea is dead, however they could not be further from the truth.
Jersey Oil and Gas in director swap
Jersey Oil and Gas has made a director swap.