We have an increasingly positive outlook for Jersey Oil & Gas based on the positive message conveyed today in the company's interims combined with the rapidly escalating acute energy crisis. We reiterate our 720p fair value estimate for Jersey Oil & Gas. We emphasise our increased confidence in our long-standing and high-conviction call that Jersey Oil & Gas will successfully secure a farmout (or otherwise secure value) for its 100% held and operated interest in the Greater Buchan Area.
22 Sep 2022
WH Ireland: Jersey Oil & Gas (JOG) - Interims and Farmout Update
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WH Ireland: Jersey Oil & Gas (JOG) - Interims and Farmout Update
Jersey Oil & Gas PLC (JOG:LON) | 162 20.3 8.4% | Mkt Cap: 52.9m
- Published:
22 Sep 2022 -
Author:
Brendan Long -
Pages:
5
We have an increasingly positive outlook for Jersey Oil & Gas based on the positive message conveyed today in the company's interims combined with the rapidly escalating acute energy crisis. We reiterate our 720p fair value estimate for Jersey Oil & Gas. We emphasise our increased confidence in our long-standing and high-conviction call that Jersey Oil & Gas will successfully secure a farmout (or otherwise secure value) for its 100% held and operated interest in the Greater Buchan Area.