JOG has announced a CPR resource update from ERC Equipoise on its P2170 licence (JOG 18%), which contains the Verbier and Cortina prospects. Gross P50 prospective resources for Verbier move from 102mmbbl and 66bcf to 108mmbbl and 58bcf, and the P10 case increases substantially from 158mmbbl and 66bcf to 301mmbbl and 168bcf. The CPR has also added 1.8mmbbl and 1.0bcf of 2C resources based on the 2006 20/5a-10Y well. This potentially flowed oil from the eastern edge of Verbier, and inclusion of
27 Mar 2017
Verbier and Cortina CPR resource update
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Verbier and Cortina CPR resource update
Jersey Oil & Gas PLC (JOG:LON) | 154 0 0.0% | Mkt Cap: 50.5m
- Published:
27 Mar 2017 -
Author:
Daniel Slater, CFA -
Pages:
3
JOG has announced a CPR resource update from ERC Equipoise on its P2170 licence (JOG 18%), which contains the Verbier and Cortina prospects. Gross P50 prospective resources for Verbier move from 102mmbbl and 66bcf to 108mmbbl and 58bcf, and the P10 case increases substantially from 158mmbbl and 66bcf to 301mmbbl and 168bcf. The CPR has also added 1.8mmbbl and 1.0bcf of 2C resources based on the 2006 20/5a-10Y well. This potentially flowed oil from the eastern edge of Verbier, and inclusion of