TIDMJOG

RNS Number : 2263P

Jersey Oil and Gas PLC

24 May 2018

24 May 2018

Jersey Oil and Gas plc

("Jersey Oil & Gas" or the "Company")

Result of Annual General Meeting

Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces that the resolutions proposed at its Annual General meeting ("AGM") held earlier today, as set out in the formal Notice of Annual General Meeting dated 26 April 2018, were all duly approved by shareholders, save for Special Resolution 5 in respect of the dis-application of pre-emption rights which the Board elected to withdraw.

At the AGM, an updated corporate presentation was delivered by the Company's Chief Executive Officer, Mr Andrew Benitz, which is available to download on the Company's website at www.jerseyoilandgas.com.

Enquiries:

 
 Jersey Oil and Gas      Andrew Benitz,      C/o Camarco: 
  plc                     CEO                 Tel: 020 3757 
                                              4983 
 Strand Hanson Limited   James Harris        Tel: 020 7409 
                          Matthew Chandler    3494 
                          James Bellman 
 Arden Partners plc      Chris Hardie        Tel: 020 7614 
                          Benjamin Cryer      5900 
 BMO Capital Markets     Jeremy Low          Tel: 020 7236 
  Limited                 Neil Haycock        1010 
                          Tom Rider 
 Camarco                 Billy Clegg         Tel: 020 3757 
                          Georgia Edmonds     4983 
                          James Crothers

Notes to Editors:

Jersey Oil & Gas is a UK E&P company focused on building a production-focused company in the North Sea. The Company owns an 18% interest in the P.2170 licence, Blocks 20/5b & 21/1d, Outer Moray Firth, in which the operator, Statoil (U.K.) Limited, owns a 70% interest and CIECO V&C (UK) Limited owns a 12% interest.

The Company plans to build a production portfolio via both organic development and acquisitions coinciding with the cyclical recovery in the oil price and the opportune buying market available in the North Sea. The Company is involved in multiple sales processes and intends to draw on its management team's experience, knowledge and expertise to deliver shareholder value from its stated growth strategy.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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