Andrew Benitz, chief executive of Jersey Oil and Gas PLC (LON:JOG) tells Proactive he's delighted the countdown is now on for their high impact summer exploration programme in the North Sea.
Benitz says the Transocean Spitsbergen rig has been mobilised for a three well programme under contract with Statoil.
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Andrew Benitz of Jersey Oil & Gas PLC (LON:JOG) says pre-funding the seismic being shot over the Verbier acreage in North Sea allows the data to be optimised and is cheaper. Capex for the appraisal programme will be at the upper end of £9-11mln including seismic. Drilling at...
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