Jersey supported by Rockflow Resources, petroleum consultants, has estimated that the development of the Buchan field has a potential to recover 58.5 mmb, 81.2 mmb and 99.3 mmb of oil under low, mid and high cases respectively. We met recently with Jersey and Rockflow to better understand the Buchan field and its forward looking production potential. We have gained confidence in the company’s resource estimates and we have outlined our reasons for that in this note. We have also provided our fir ....
11 Feb 2020
Buchan Asset Overview – That’s How You Do It!
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Buchan Asset Overview – That’s How You Do It!
Jersey Oil & Gas PLC (JOG:LON) | 155 0.8 0.3% | Mkt Cap: 50.6m
- Published:
11 Feb 2020 -
Author:
Brendan Long -
Pages:
14
Jersey supported by Rockflow Resources, petroleum consultants, has estimated that the development of the Buchan field has a potential to recover 58.5 mmb, 81.2 mmb and 99.3 mmb of oil under low, mid and high cases respectively. We met recently with Jersey and Rockflow to better understand the Buchan field and its forward looking production potential. We have gained confidence in the company’s resource estimates and we have outlined our reasons for that in this note. We have also provided our fir ....