Tag: JOG
JOG signs an agreement with Equinor
Jersey Oil & Gas (JOG), an independent upstream oil and gas company focused on the UK Continental Shelf (UKCS) region of the North Sea, announced that Equinor has elected not to exercise the three month option which was granted by the Company over a 50% equity interest in respect of Blocks 20/5a and 21/1a (the Buchan Blocks), which contain the Buchan oil field and the J2 oil discovery.
JOG secures significant acreage including Buchan
Jersey Oil and Gas PLC has been awarded acreage containing more than 100 million barrels of oil equivalent (mmboe), including Buchan, and will have a 100% working interest and operate all three blocks.
