JOG has announced that a 3D seismic survey is going to be carried out across its Statoil-operated P2170 licence during Q2 2018. The data from this (which is expected to be fully available in Q1 2019) will be combined with the data from the upcoming Verbier appraisal well and the existing data for the licence in order to both increase the understanding of Verbier but also, importantly in our view, to further assess the additional prospectivity on P2170. The JV has already identified the 97mmbo
24 Apr 2018
3D seismic survey on P2170 licence
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3D seismic survey on P2170 licence
Jersey Oil & Gas PLC (JOG:LON) | 162 0 0.0% | Mkt Cap: 52.9m
- Published:
24 Apr 2018 -
Author:
Daniel Slater, CFA -
Pages:
3
JOG has announced that a 3D seismic survey is going to be carried out across its Statoil-operated P2170 licence during Q2 2018. The data from this (which is expected to be fully available in Q1 2019) will be combined with the data from the upcoming Verbier appraisal well and the existing data for the licence in order to both increase the understanding of Verbier but also, importantly in our view, to further assess the additional prospectivity on P2170. The JV has already identified the 97mmbo