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#JOG is pleased to welcome Les Thomas to the Board as an Independent Non-Executive Director. With over 35 years’ experience in the #oil & #gas industry, Les will bring significant value to the team as we progress the #GreaterBuchanArea development project. https://bit.ly/3dbh4jm
#JOG is pleased to announce that it has now completed its acquisition of the entire issued share capital of CIECO V&C, giving JOG full control of Licence P2170. Read the full report: https://bit.ly/3dEPg5X
“This is an important acquisition for our recently launched farm-out process in respect of our #GBA development project and increases JOG’s discovered resources, adds material value and exploration upside in addition to useful tax losses.” - Andrew Benitz, CEO of #JOG
Thank you for questions submitted as part of the #JOG presentation at the @proactiveuk One2One Virtual Forum yesterday. For those who missed the presentation or Q&A session, see the full video with CEO Andrew Benitz and COO Ron Lansdell here: https://bit.ly/3eWYUTG
#JOG CEO, Andrew Benitz, discussed the Concept Select update on the #GreaterBuchanArea on the @VOXmarkets Podcast. Listen here: https://bit.ly/3edNWZU
#JOG CEO, Andrew Benitz, discussed the highly anticipated JOG farmout with @proactive_UK: “I think that this is the year for JOG and our shareholders. As we go through that farmout, the successful outcome ought to unlock significant equity value.” :https://youtu.be/oK0zBqNGH9A#GBA #Buchan
CEO of #JOG, Andrew Benitz, said "The #GBA has the scale to be extremely low carbon through platform electrification at the same time as offering highly favourable project economics.” Read the full Concept Select Update here: https://bit.ly/385gi4y
#JOG is ready to launch the highly anticipated farmout process for the #GreaterBuchanArea Project. The scale, economics and low carbon production approach of the #GBA Project make it an exciting investment opportunity for the industry. https://bit.ly/385gi4y #Buchan #NorthSea
According to #JOG’s Concept Select Report, the #GBA hub nameplate capacity has been set at 40,000 barrels of oil per day with expected plateau production of more than 3 years. Read more here: https://bit.ly/385gi4y #Buchan #NorthSea
#JOG is proud to announce that it can deliver production from the #GreaterBuchanArea Development Project at an industry leading carbon intensity level due to #PlatformElectrification. Find out more here: https://bit.ly/385gi4y
The Latest #JOG Corporation Presentation is now available online. Download here: https://bit.ly/3reHZ28
#JOG is pleased to publish its updated corporate animation video, illustrating its vision to resume future production from the #Buchan oil field. Watch the video here: https://bit.ly/2MJjCL1
“…these compelling results demonstrate the substantial inherent value of the Buchan field” See #JOG's release, regarding the increase of #Buchan P50 technically recoverable resources to 126MMstb https://cutt.ly/1j0H4eL
As a result of this increase, the GBA core volume, including #Buchan #J2 and #Verbier, is now forecast to have 2C contingent resources of 162 MMstb or 172 million barrels of oil equivalent (“MMboe”) #JOG. Find out more here: https://cutt.ly/1j0H4eL
"The GBA development project presents a very compelling investment case that we believe will have wide industry appeal." #JOG CEO on todays press release, found here: https://cutt.ly/1j0H4eL
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