Jersey Oil and Gas PLC Licence P.2170 Verbier Prospect Site Survey (4423N)
October 26 2016 - 1:00AM
UK Regulatory
TIDMJOG
RNS Number : 4423N
Jersey Oil and Gas PLC
26 October 2016
26 October 2016
Jersey Oil and Gas plc
("Jersey Oil & Gas" or the "Company")
Licence P.2170 Verbier Prospect Site Survey
Jersey Oil & Gas (AIM: JOG), an independent upstream oil and
gas company focused on the UK Continental Shelf region of the North
Sea, is pleased to announce, further to its announcement of 6
October 2016, the geophysical survey vessel M/V Fugro Galaxy, on
contract to Statoil (U.K.) Limited ("Statoil") as operator of UK
Seaward Licence P.2170, Blocks 20/5b & 21/1d (the "P.2170
Licence"), arrived on location in the UK Central North Sea at
07:00hrs on 25 October 2016. This vessel is scheduled to acquire a
site survey over the Verbier prospect located within the P.2170
Licence area in preparation for a potential exploration well
expected to be drilled in 2017 to test the Verbier prospect. The
site survey is due to be completed during Q4 2016 with
interpretation of the results to follow, and a further
announcement(s) will be made in due course as appropriate.
Enquiries:
Jersey Oil & Gas Andrew Benitz, C/o Camarco:
plc CEO Tel: 020 3757 4983
Strand Hanson Limited James Harris Tel: 020 7409 3494
Matthew Chandler
James Bellman
FirstEnergy Capital Hugh Sanderson Tel: 020 7448 0200
LLP David van Erp
Camarco Billy Clegg Tel: 020 3757 4983
Georgia Mann
Sean Blundell
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 26, 2016 02:00 ET (06:00 GMT)