Jersey Oil & Gas plc reported slow progress at Buchan Horst as it awaits proven compliance with government policy regarding scope 3 emissions for UK North Sea projects. TAX In its audited 2025 financial results, the company said it had yet to complete the effect of downstream, or end-use, emissions from its upstream operations in […]
Tag: Jersey Oil & Gas plc (JOG)
Jersey positive on delayed Buchan project
Jersey Oil & Gas plc aims to optimise its delayed UK North Sea Buchan oil joint venture, in the light of new government guidelines, including required approval of the project’s scope 3 emissions. PROGRESS The company is focused on the Greater Buchan Area, containing estimated resources of more than 100 million barrels of oil equivalent […]
JOG issues 775,000 share options
Jersey Oil & Gas plc has granted options over in aggregate 775,000 ordinary shares of 1p each in the company to its directors, senior management and employees. DIRECTORS The options exercise at 82.5 pence per ordinary share over a period of seven years for executive directors / officers and five years for non-executive directors. A […]
JOG chief executive increases shareholding
Jersey Oil & Gas plc’s chief executive officer Andrew Benitz has bought 47,166 ordinary shares of 1p each at at a price of 52.875p per ordinary share. The purchase on 7 March takes Mr Benitz’s holding to 763,764 ordinary shares, representing 2.33% of the company’s issued share capital. JOG holds 20% of the Greater Buchan […]
JOG extends Buchan licence to 2027
Jersey Oil & Gas plc’s joint venture has secured a further 24 months to the second term of its North Sea licence P2498 to complete the field development plan for the Buchan field. CASH The company estimates the Buchan field contains gross discovered oil and gas resources of approximately 70 MMboe (95% oil). Project partners, […]
Jersey Oil & Gas NED retires
Jersey Oil & Gas plc non-executive director and chairman of the audit committee Marcus Stanton has retired. Mr Stanton had been with the company since it listed in 2015, firstly as non-executive chairman and latterly as a NED. “I would like to express my thanks to Marcus and wish him well in all his future […]