2020 was the year that JOG’s GBA development really started to take shape. It consolidated its 100% ownership across the Greater Buchan Area (GBA) via acquisition and licencing, delivered a significant upgrade in GBA discovered and prospective resources, selected the optimum development concept, launched a farm-out process to find a development partner, and raised £16.6m to strengthen its negotiating position and keep the project on track. This investor support will allow management to maintain ....
06 May 2021
Jersey Oil & Gas - Strong progress delivered in 2020
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Jersey Oil & Gas - Strong progress delivered in 2020
Jersey Oil & Gas PLC (JOG:LON) | 162 0 0.0% | Mkt Cap: 52.9m
- Published:
06 May 2021 -
Author:
Jonathan Wright -
Pages:
9
2020 was the year that JOG’s GBA development really started to take shape. It consolidated its 100% ownership across the Greater Buchan Area (GBA) via acquisition and licencing, delivered a significant upgrade in GBA discovered and prospective resources, selected the optimum development concept, launched a farm-out process to find a development partner, and raised £16.6m to strengthen its negotiating position and keep the project on track. This investor support will allow management to maintain ....