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Proactive weekly oil and gas highlights: Hurricane Energy, Block Energy, Columbus Energy, 88 Energy ...
It was a short but busy week, for the oil and gas sector.
Company
LON:JOG
Jersey Oil and Gas PLC is a UK E&P company focused on building an upstream oil and gas business in the North Sea. The company holds a 50% interest in each of licences P2498 and P2170 in the UK Central North Sea referred to as the "Greater Buchan Area". Licence P2498 contains the Buchan oil field and J2 oil discovery and licence P2170 contains the Verbier oil discovery.
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It was a short but busy week, for the oil and gas sector.
Investments and investor services
A look at the day's major movers, including Energean Oil and Gas, Kier Group, Spectra Systems, Mayan Energy, Ascent Resources and Emmerson
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A glance at some of the day's highlights from the Proactive Investors newswire
Norwegian oil giant Equnior will now be reviewing the project data to evaluate future potential and possible work options
Investments and investor services
Footsie closed down around 0.19 at 7,436, while mid-cap FTSE 250 was up around 95 points at 19,807
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It was another eventful week in the small cap oil and gas sector.
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A look back at some of the more interesting stories from the junior market over the past week
Jersey's dry well result from the Verbier project in the North Sea sent its share tumbling on Wednesday afternoon
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Here's a look at Wednesday's big share price movers.
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A glance at some of the day's highlights from the Proactive Investors newswire
The Verbier appraisal well aimed to narrow the project’s resource estimates, which were pitched at 25mln to 130mln barrels prior to drilling
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Footsie gained around 27 points at 7,418, while FTSE 250 added 234 points at 19,563
Investments and investor services
A look at the day's major movers, including Gulf Marine Services, Boxhill, Chesterfield Resources, Proton Power, Abcam, Tandem, Red Emperor and FFI
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A glance at some of the day's highlights from the Proactive Investors newswire
The pivotal appraisal well aims to upgrade resource estimates and possibly bring the project towards development and production.
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It was another active week in the oil and gas sector.
The upcoming appraisal drill programme will be a significant potential catalyst for Jersey
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A glance at some of the day's highlights from the Proactive Investors newswire
Archive
It was a week of project updates, deals and contract awards.
Investments and investor services
A look at the day's gainers and painers, including Vodafone, FirstGroup and Haydale Graphene
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A glance at some of the day's highlights from the Proactive Investors newswire
The appointment comes as the company awaits the Verbier appraisal well, which is due to spud in the first three months of 2019
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A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at the day's winners and sinners, including Dignity, Online Blockchain, Restaurant Group, TomCo Energy, Johnston Press, GYG, Anglo African Agriculture and Carr's Group
The well will be the second of four new North Sea wells for Equinor (formerly Statoil).
The second well at Verbier has the potential to significantly upgrade the size and commercial potential of the presently undeveloped oil field
The narrative around the North Sea’s demise is both exaggerated and premature, but, the 'blue sky' very much remains in the West of Shetland region
A look at some of the biggest risers and fallers in the UK market on Thursday.
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A glance at some of the day's highlights from the Proactive Investors newswire
An appraisal drilling programme is due to kick off before the end of this year, a success would advance Verbier closer to development.
The UK's premier index closed up around 36 points at 7,367.
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A look at some of the biggest risers and fallers in London on Tuesday
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A glance at some of the day's highlights from the Proactive Investors newswire
Jersey has an 18% stake in Verbier, where initial estimates are for 25 and 130mln barrels of oil equivalent
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
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A look at some of the top risers and fallers in London today
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A glance at some of the day's highlights from the Proactive Investors newswire
The data, which is expected to be available early next year, will help Jersey to figure out the best plan of attack at the “very exciting” Verbier project
FTSE 250 closed also lower - just shy of 160 points lower at 20,684, while FTSE small cap market shed around 25 points
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Thursday
The Verbier discovery was a breakthrough in 2017, and the 2018 progammes aims to follow up that success.
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London on Tuesday
The explorer's 12%-owned Verbier discovery will be included in the seismic programme, which will also capture the Cortina prospect and other areas
Stocks consolidated gains at the death with bid stock Shire the best performing blue-chip
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A glance at some of the day's highlights from the Proactive Investors newswire
“We believe the pace being set by Statoil clearly indicates that Verbier is a high-priority"
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A glance at some of the day's highlights from the Proactive Investors newswire
Statoil has signed up the West Phoenix rig for the drilling due to take place in summer 2018.
Financial results, production reports, and exploration updates - the oil and gas sector provided the usual narratives this past week.
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers in London on Monday...
At least one well will be drilled to follow-up and appraise the Verbier oil discovery this year
The FTSE 100, dragged higher by the miners, got off to a strong start today, but closed juts about six points higher
Funding deals, acquisitions and planning permissions provided the week's oil and gas highlights.
JOG is expecting a new appraisal and exploration programme at Verbier, and it is now funded to cover drilling costs.
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A glance at some of the day's highlights from the Proactive Investors newswire
Malcolm Graham Wood says Jersey Oil & Gas's move to raise £24mln is a 'very wise' move.
A look at some of the biggest risers and fallers today in London
The funding is being launched so that Jersey can cover the costs of an anticipated appraisal and exploration
The FTSE 100 index was less than a point higher at 7,523, well below the session peak of 7,560.04.
New discoveries onshore UK as well as abroad provided the week's oil and gas highlights.
Statoil has hit an estimated 25mln to 130mln barrels of crude in a North Sea well.
Statoil sees between 25mln and 130mln barrels of oil in the new discovery which was unearthed in the side-track to the previously unsuccessful Verbier exploration well.
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A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the top risers and fallers in London in afternoon trading
The Statoil-led venture struck oil in the side-track and early estimates see the new discovery between 25mln and 130mln barrels of crude
The FTSE 100 index closed 14.98 down at 7,507, above the day’s low of 7,496.14, and well below the opening high of 7,523.65
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A glance at some of the day's highlights from the Proactive Investors newswire
The sidetrack programme got underway on September 17 and it is expected to run for 25-35 days
The government of Tanzania has given Petra the go-ahead to resume diamond exports and sales from the Williamson mine.
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers at 3.35pm...
Jersey has an 18% stake in the Statoil operated Verbier well, and it expects it expects it share of the additional well cost will be around £700,000
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Hurricane Energy is advancing the Lancaster early production, while Sound and 88 Energy were also in the news this week.
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A look back at some of the more interesting stories from the junior market this week...
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A glance at some of the day's highlights from the Proactive Investors newswire
Some of the main news-driven risers and fallers at 3.35pm...
“We are naturally disappointed by these results, but remain in a strong position to continue to pursue our core strategy of growth through potential production asset acquisitions," said chief executive Andrew Benitz
The blue chip index closed out almost 36 points higher at 7,413
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A look at the world of small cap oil and gas news this week
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A glance at some of the day's highlights from the Proactive Investors newswire
Drilling is now underway on the Statoil-led Verbier exploration well, which has the potential to be a game changer for AIM-quoted Jersey Oil & Gas.
Statoil is covering all well costs, up to a cap of US$25mln, and Jersey is covered for a further 10% of the costs via a separate arrangement.
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A look at the world of small cap oll and gas news this week
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A glance at some of the stories on the Proactive newswire today