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.
Verbier
Updated: Jersey in talks with ‘multiple, serious counterparties’ on GBA farm-out
Talks are ongoing with “multiple, serious counterparties” as Jersey Oil and Gas tries to find a partner for its Greater Buchan Area (GBA).
Central North Sea electrification plans ‘building momentum’ says Jersey
Jersey Oil and Gas has said area plans to electrify central North Sea platforms are "building momentum".
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 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 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.
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.
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.
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.
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.