JOG is pleased to share our vision for resuming future production from the Buchan oil field, the core part of our development plans for the wider Greater Buchan Area.Read More
Four new drill ready prospects identified in the GBA. Find out more on each in our latest presentation here: https://bit.ly/3qThOP4 #oil #gas #northsea
Andrew Benitz, CEO, “A discovery at any one of these prospects would have the potential to extend the GBA production plateau and further enhance shareholder value. We look forward to progressing a drilling campaign post a successful conclusion to our upcoming GBA sales process."
#JOG is pleased to announce the results of recent subsurface work which further demonstrates the significant value within the wider Greater Buchan Area. These highly attractive, drill-ready exploration prospects offer significant future upside potential. https://cutt.ly/JhA5T5q
The 4 drill-ready prospects are in close proximity to our planned GBA production facility and are individually economically robust in the event of discovery, with P90 volumes exceeding the minimum economic field size
Andrew Benitz, #JOG CEO “This Acquisition increases JOG’s discovered resources, adds material value and exploration upside in addition to useful tax losses” #oil #gas #NorthSea