Jersey Oil & Gas (JOG) – Corporate – Acquisition and Corporate Update
Market Cap £30.2m Share Price 137.5p
Jersey has this morning announced that it has agreed terms to acquire the 70% of Licence P2170 held by Equinor for a contingent consideration. As a result of the acquisition, subject to normal completion conditions, Jersey will hold 88% of the licence and become operator. The licence contains the company's Verbier discovery in addition to exploration prospectivity. The contingent cons ....
27 Jan 2020
WHI First Light: Jersey Oil & Gas, WEY Education and Journeo
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WHI First Light: Jersey Oil & Gas, WEY Education and Journeo
Jersey Oil & Gas (JOG) – Corporate – Acquisition and Corporate Update
Market Cap £30.2m Share Price 137.5p
Jersey has this morning announced that it has agreed terms to acquire the 70% of Licence P2170 held by Equinor for a contingent consideration. As a result of the acquisition, subject to normal completion conditions, Jersey will hold 88% of the licence and become operator. The licence contains the company's Verbier discovery in addition to exploration prospectivity. The contingent cons ....