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ASCENT RESOURCES: Gas flows mean cash flows to develop up to 15 wells


Jersey Oil&gas Share Chat (JOG)



Share Price: 220.50Bid: 217.00Ask: 224.00Change: -1.00 (-0.45%)Faller - Jersey Oil&gas
Spread: 7.00Spread as %: 3.23%Open: 221.00High: 0.00Low: 0.00Yesterday’s Close: 221.50


Share Discussion for Jersey Oil&gas


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Mirabeau
Posts: 2,050
Off Topic
Opinion:No Opinion
Price:221.50
View Thread (2)
RE: The Times
Sun 12:04
http://www.4-traders.com/news/UK-Oil-and-Gas-Industry-Association-Oil-Gas-UK-makes-final-case-for-tax-change-ahead-of-UK-Budge--25538257/

Yes, this should help grease the wheels for more deal-making in later life assets - more deals, inflow of capital into the NS which should help to underpin reserve values..if this helps to improve the positive view of NS oil then it benefits NS oil companies
 
fairdealer20
Posts: 896
Off Topic
Opinion:No Opinion
Price:221.50
RE: Brent crude...
Sun 09:00
Have to agree with dick...bb, JOG can't have it both ways and more to the point there are still a number of unknowns... quantity of recoverable reserves, quality of oil etc. The one of the known values is amount of cash in bank. Maybe BOD are sitting on their hands waiting, maybe they are actively negotiating some asset purchase, who knows. Now we have the projection Phillip Hammond intends to make the North Sea a more friendly place to invest. Not sure how that will play out. It will likely make assets more valuable for buyers and sellers.

Back to my bed of nails....very therapeutic!!!
LiamLewis100
Posts: 44
Research
Opinion:Strong Buy
Price:221.50
View Thread (2)
The Times
Sun 08:47
Hammond's budget bid for £40bn North Sea oil bonanza
Tax reforms offer hope of new deals for maturing oil fields
https://www.thetimes.co.uk/edition/business/hammond-s-budget-bid-for-40bn-north-sea-oil-bonanza-sk6v9jwjd
Simon Duke and Tim Shipman
November 19 2017, 12:01am,
The Sunday Times
bigbench
Posts: 5,634
Off Topic
Opinion:No Opinion
Price:221.50
RE: Brent crude...
Sun 00:41
Ahh dickeupham.... I've got to disagree chap...I've always been a top ramper with JOG ...can't get enough of them and still believe we are way way undervalued.

The Statoil drill number was from an article on oil price.com with a spokesperson from the company so I'd say that counts for being "directly involved" with the company.

I've lost count how many recent articles I've read about the possible spikes in oil which may, according to one particular passage that said a doubling of price could happen if all goes ***s up in the Middle East, so I thought I'd play safe and go with one of the lower estimates, which yes may make any potential purchase more expensive ...but as we are not there yet and we are still counting up the barrels Verbier has to offer I'd say it adds more to the coffers firstly ....which gives us greater spending power on distressed assets which may not benifit as much from an increase in oil price.....a sinking company never gets anywhere near market price for there stock sell off.

Keep your door locked ....you don't want your dancing friend to wonder in! ;-)
Pinkpilot
Posts: 823
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:221.50
Be frank
Sat 18:40
Nobody knows what the price will do short term........no matter how much we all want it to go up, depends on who wants our lovely shares. Statoil, JOG have the power to do this

The bod are looking at production assets and want to produce 10,000 barel of oil per day, that£s a hell of a profit, even at 20 dollars clear profit.

Dick you come across as a bit of a door handle sometimes, but I do enjoy reading your posts
RonShabby
Posts: 26
Off Topic
Opinion:No Opinion
Price:221.50
RE: Brent crude...
Sat 18:09
Mr Upham, I love it!

Please keep 'em coming! So refreshing and to the point. You are certainly keeping me (for one) on the straight and narrow and I salute you!

BTW, I am sure I saw your roommate in my local last Friday at closing time. Could be wrong of course..Whatever, you're right, she is good!

£29.99 by Tuesday.
dickupham
Posts: 408
Off Topic
Opinion:No Opinion
Price:221.50
View Thread (3)
RE: Brent crude...
Sat 16:51
You've upped your level of ramping noticeably of late BB - a bit beyond what's reasonable to me if you don't mind me saying. It's a free country so feel free to carry on - it's just a question of credibility I suppose. I don't aim to be credibly because it's pretty obvious I haven't got a clue about anything (hardly surprising as I live in a mental home. I'm in the room next to the woman who does the bathrobe dance in a psychiatric ward - she's bloody good - and it's not the only one she does either. You wanna see some of the stuff she does after curfew.........here's a reminder:
http://www.youtube.com/watch?v=asgfeRXdjxc

Ref: "a spike well past $75 can't be ruled out.....combine that with Statoil planning to drill 25-30 wells next year with new and existing partners ....(some with £24m sitting in the bank) ;-)........ I'd say the months ahead look rather excellent for JOG"...........

.......no-one who is not directly involved can know what Statoil is planning, with whom, on what and when. There are any number of different possibilities.

Why would $75pb oil be good for JOG if it was still looking to break its duck on buying producing assets? Price expectations of vendors are bound to increase with every $1 the oil price puts on.

First oil from Verbier is not due before 2022 and there's no telling what the oil price will be by then. I sincerely hope JOG will have long since ceased to be involved with P2170 by then - I certainly will have with JOG if it has decided to become an explorer after everything it has said to the contrary before and ever since I committed my money, although I doubt it has.

Wouldn't be the first time I've been wrong, however. The only two things that are certain in life remain 'death and taxes'.

£24.37 by Tuesday COP. Buy UKOG and FRR - there reely good - I should of broght sum
ajax62
Posts: 4,669
Off Topic
Opinion:No Opinion
Price:221.50
RE: Recognia TA - bullish shape
Sat 13:57
Pawpatroller......Obviously many traders use different types of charting systems and obviously it works in some type of stocks.
But a chart on JOG was never going to tell us the share price would fall as low as 30p on a dry hole and it couldn't forecast a successful sidetrack would take us as high as £3.99.
Sometimes I look at britishbulls and it's a complete waste of time 9/10 they call it wrong with the candles LOL
Good weekend
AJAX
PawPatroller
Posts: 10
Off Topic
Opinion:No Opinion
Price:221.50
RE: Recognia TA - bullish shape
Sat 13:39
That's what I suspected. People looking for patterns in - absent real concrete developments - essentially random and unpredictable events.
ajax62
Posts: 4,669
Off Topic
Opinion:No Opinion
Price:221.50
RE: Recognia TA - bullish shape
Sat 13:32
In terms of this stock it doesn't make diddly squat.
GL




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