Jersey Oil and Gas Plc Stock

Jersey Oil and Gas plc (JOG) is a Jersey-based independent upstream oil and gas company. The Company is focused on the United Kingdom Continental Shelf (UKCS) region of the North Sea. The Company holds 50% interest in the licenses that comprise the Greater Buchan Area (GBA), being P2498 (Blocks 20/5a, 20/5e, and 21/1a) and P2170 (Blocks 20/5b & 21/1d). P2498 contains the Buchan oil field and J2 oil discovery and P2170 contains the Verbier oil discovery and three drill-ready prospects in Verbier Deep, Wengen and Cortina NE (J64). The P2170 lies approximately 100km northeast of Aberdeen, close to the Buchan and Tweedsmuir North and South oilfields and straddles the western end of the North Buchan Trough.