Jersey Oil & Gas announced today that is has entered into an agreement to acquire the entire share capital of CIECO V&C (UK) Limited, which is currently owned by two international entities headquartered in Japan. The acquisition secures an additional 12% working interest in Licence P2170 (Blocks 20/5b & 21/1d), which provides Jersey Oil & Gas with 100% of the licence. The licence contains the majority of the Verbier oil discovery in addition to three drill ready prospects: Verbier Deep, Wengen a ....

26 Nov 2020
WHI First Light: Jersey Oil & Gas (JOG) - Securing 100% of Verbier Licence

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WHI First Light: Jersey Oil & Gas (JOG) - Securing 100% of Verbier Licence
Jersey Oil & Gas PLC (JOG:LON) | 118 1.8 1.3% | Mkt Cap: 38.5m
- Published:
26 Nov 2020 -
Author:
Brendan Long -
Pages:
4 -
Jersey Oil & Gas announced today that is has entered into an agreement to acquire the entire share capital of CIECO V&C (UK) Limited, which is currently owned by two international entities headquartered in Japan. The acquisition secures an additional 12% working interest in Licence P2170 (Blocks 20/5b & 21/1d), which provides Jersey Oil & Gas with 100% of the licence. The licence contains the majority of the Verbier oil discovery in addition to three drill ready prospects: Verbier Deep, Wengen a ....