Jersey Oil & Gas released its interim results for the period ended 30 June 2023 indicating that it had a period-end cash position of £5.6M, with no debt. The company stated that further cash receipts amounting to $9.4M will be due on completion of the FPSO acquisition agreement and $12.5M on Buchan FDP approval (from NEO Energy, pursuant to the farm-out agreement).

14 Sep 2023
Jersey Oil & Gas - Interims

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Jersey Oil & Gas - Interims
Jersey Oil & Gas PLC (JOG:LON) | 238 10.7 1.9% | Mkt Cap: 77.3m
- Published:
14 Sep 2023 -
Author:
Brendan Long -
Pages:
4 -
Jersey Oil & Gas released its interim results for the period ended 30 June 2023 indicating that it had a period-end cash position of £5.6M, with no debt. The company stated that further cash receipts amounting to $9.4M will be due on completion of the FPSO acquisition agreement and $12.5M on Buchan FDP approval (from NEO Energy, pursuant to the farm-out agreement).