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
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.
Jersey Oil & Gas: Sidetrack unlikely after “disappointing” North Sea results
Jersey Oil & Gas (JOG) said a North Sea sidetrack was "unlikely" after disappointing drilling results.
Jersey Oil & Gas kicks-off North Sea drilling campaign
Jersey Oil & Gas has kick-started its North Sea drilling campaign.
Jersey’s North Sea deal a ‘unique’ achievement
Jersey Oil and Gas could scarcely have dreamt that the farm-out process for the North Sea Verbier prospect would go so smoothly.
Parkmead leading efforts to create North Sea mega-hub
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.
Statoil hires Transocean rig for trio of UK North Sea wells
Norwegian energy giant Statoil has booked a Transocean rig to drill three exploration wells in the UK North Sea in summer for £14.5million.
Jersey Oil and Gas eyes uplift on oil estimates at two North Sea prospects
Jersey Oil and Gas has welcomed new figures showing higher than anticipated reserves at two North Sea interests.
Jersey expects quick decision on drill rig for Verbier
The search for the rig that will drill a North Sea well this summer is under way.
Jersey Oil & Gas raises £1.6m for North Sea Verbier well
Jersey Oil & Gas said oversubscribed placing has seen the firm raise £1.6million from new and existing shareholders.