Jog share chat
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Jog share chat
All information shown on this site is for information purposes only. While every effort has been made to ensure the accuracy of the information shown, it should not be relied upon for any investment or trading decisions. Prior to these awards, JOG's net share of discovered resources in Verbier were estimated at 4. Today's awards add an estimated mmboe of discovered resources net to JOG, in addition to a material uplift in new prospective resources. These awards are the kind of value creating opportunities available to nimble independent companies operating in the North Sea today and stem from an intensive two-year work effort behind the scenes by JOG to prepare today's winning applications. By way of low-risk accumulation of discovered resource volumes, this is by far the most significant event for JOG since its inception and we are excited to start work on this new project immediately. We are also pleased to enter into an option agreement with Equinor, which serves to demonstrate JOG's efforts to successfully collaborate and continue to strengthen our working relationship with Equinor as Operator of Licence P Capitalised terms used in this announcement shall have the same meanings as the definitions set out in the Company's announcement of 20 October and in the Circular. The Offer announced as part of the Fundraising on 20 October having now closed for acceptances, the Company is pleased to announce that valid acceptances were received from Qualifying Participants in respect of, in aggregate, 1,, Offer Shares, representing approximately Qualifying Participants that have made valid applications will therefore be allocated all of the Offer Shares that they applied for. Accordingly, pursuant to the Placing and Offer announced on 20 October and further to the abovementioned passing of all resolutions at the Company's General Meeting held earlier today, the Company is issuing 10,, new Ordinary Shares pursuant to the Placing and 1,, new Ordinary Shares pursuant to the Offer at a price of pence per share. Mr Stanton will therefore be issued, in aggregate, 15, new Ordinary Shares pursuant to the Fundraising and following the issue of these shares will be interested, in aggregate, in 39, Ordinary Shares representing approximately 0.
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GBX Key events shows relevant news articles on days with large price movements. Nostra Terra Oil and Gas Company plc. NTOG LOGP 1. EOG 5.
Jog share chat
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Allow cookies Change settings. Are you sure you want to logout? Benitz also addressed the disconnect between the market cap and the core NAV of the assets, presenting a compelling investment case based on high-quality development, strategic partnerships, and significant future cash flow potential. The Board is of the view that these principal risks and uncertainties are those which continue to be applicable to the Company at the date of this Announcement. The Directors believe therefore that it is an appropriate time to improve the financial position of the Company since the Directors expect that there will be further financing requirements for the Company relating to its working interest in the P. Preliminary analysis indicates that the Verbier sidetrack well has proven hydrocarbon accumulation in good quality sands, up-dip of the water bearing sands encountered in the initial well. Dow Jones 38, Great presentation and thanks for posting. Great corporate update released and share price stagnant. Data delayed 15 minutes unless otherwise indicated.
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He even outlines the 5 bagger case as the most likely just developing the Buchan without the Greater thrown in. Today's awards add an estimated mmboe of discovered resources net to JOG, in addition to a material uplift in new prospective resources. All information shown on this site is for information purposes only. We are putting forward an updated fair value estimate of p see Table 1. Is there any particular reason for selling at these levels apart from the timescales involved? The Board is of the view that these principal risks and uncertainties are those which continue to be applicable to the Company at the date of this Announcement. The Company's team has excellent technical and commercial knowledge of the UKCS, with decades of management experience, and to date has reviewed and evaluated in excess of 50 production field interests in the UKCS. Ridiculous price currently after the recent farmoutHoping to shuffle a few shares around and increase my holding in JOG once moreIt's a grind at the moment and plenty of patience needed in herebut one i can wait for. A Circular containing further details of the Placing including a notice convening the General Meeting is expected to be despatched to Shareholders on 24 October and will thereafter be available on the Company's website at www. Primary Health Properties - Winning returns, lowest costs 20 Feb.
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