Keyhole Three
03 Sep 2017
Re: romour Drilling may be on track but the share price is going nowhere, directionless. Seems like no one is interested in this supposedly transformational prospect..
lets do one
30 Aug 2017
romour all on track
Johandesilva
14 Aug 2017
Re: Arrived at Verbier Nice. Same rig as Hurricane Energy used for Verbier. Huge risk this one but there is hydrocarbons down there and success may require a side track. Success fifteen pounds a share.Also look out for diversification news via acquisitions before drill results
Keyhole Three
14 Aug 2017
Re: Arrived at Verbier Great - earlier than expected. Locked and loaded up for the ride.
grewber
13 Aug 2017
Arrived at Verbier Game on!GLA
cwmtawe
11 Aug 2017
Re: Drilling the Verbier Prospect Havila Venus (Support vessel) is leaving the TO Spitzbergen for the Jock Scott area...a move of the TO Spitzbergen, to Jock Scott, will shortly!
cwmtawe
10 Aug 2017
Re: Drilling the Verbier Prospect Looking more like a spud early September for Verbier ??Transocean Spitsbergen looks to be still at Mariner B, needs to move to Jock Scott for 20-40 days before Verbier, which should take 30-70 days
Keyhole Three
03 Aug 2017
Re: Drilling the Verbier Prospect From information below, we are looking at end of August roughly for when Verbier prospect will be spuddedFrom Statoil website:Statoil will soon commence a three-well exploration drilling campaign on the UK continental shelf. In early July, the Transocean Spitsbergen semi-submersible rig will spud the first well in the campaign.The wells will be drilled in a continuous campaign that is expected to last approximately 2-3 months. The first well, Mariner Segment 9, could prove additional resources and increase the extent of the Mariner Field.After completing the well, expected to take between 15 and 25 days, the rig will move to Jock Scott, a prospect on the underexplored margins of the Viking Graben. The well is expected to be completed in 20-40 days.The last well of the campaign will be the Verbier opportunity in the Moray Firth area. The well is assumed to take 30-70 days to complete.
Keyhole Three
30 Jul 2017
Re: Drilling the Verbier Prospect The exploration rig was mobilised earlier this month - can't be long until they spud the well now
SPOKY
06 Jul 2017
Re: Gas is good Poo would be cherry on top Don't miss the boatRemember if the assets are proven good,There is always someone looking to get in on the deal.Jog can always get a partner that would pay for the cost to extract/ bring it to production, for a stake/ % of the equity. That way no need for dilution or raise further loans or debt..Time will tell, I'm hoping is onwards and upwards
eagle51
04 Jul 2017
Re: FAO: Eagle51 "This is why shares such as JOG are not for widows and orphans".................you're on the button there, MALBRAD.If you read what Benitz said most recently about JOG's acquisition strategy, he said they've now adopted a more 'corporate' approach to the task. I read this as acquisition of another player or some kind of merger. I wouldn't be surprised to see them aim high - they appointed a smart firm of brokers in April (BMO) who were involved in Chysaor's purchase of Shell's surplus NS interests a while back. Cash would have to be raised for any significant deal (it can't all be done on RBL) but JOG seems to be well supported and Benitz has a background with Deutschebank so should know how to go about things. Why would JOG appoint a broker like BMO without having big plans?[link] you I don't see opportunities in the NS of the kind JOG was originally going to target. Many interests might be said to be for sale but in reality they're probably not - for a reasonable price anyway. You sound smart enough - I'm sure you'll manage your risk sensibly. I have a decent holding and intend to retain most of it as - prospects at Verbier look a bit more than just promising to me but wdik? In life generally there's seldom reward without risk being involved.,,,,,GL
MALBRAD
04 Jul 2017
Re: FAO: Eagle51 Eagle 51I am currently in JOG with every intention of selling before the drill results as I do worry about the downside if the drill fails. Arguably I bought in far to soon and could have got in at a lower price but hopefully I will get better at this with more experience. As regards the long term my understanding is that JOG aim to pick up assets at distressed prices and use their expertise to develop them. I simply cannot see this happening before the current drill results are in. The future share price is too uncertain for anybody to accept it in return for assets and the POO is too uncertain for an asset based loan without a significant equity stake. That said if we do hit oil in commercial quantities then JOG may be able to either raise money by selling its stake (s) or raise equity to fund its continued involvement but then runs the risk of dilution as per Hurricane. This is why shares such as JOG are not for widows and orphans.
tiptoppunter
03 Jul 2017
Re: FAO: Eagle51 Good to know that you are still around despite being caught up in all sorts. A tad busy but will respond in full later.If you are looking to diversify away from oil stocks then check out MYSQ (news very imminent, today or tomorrow). I will sell 50% on double digits which the chart supports. Fundamentals and sentiment are great. The other tech firm is MOS but will invest there once I have cashed out from Mysq.Tiptop
eagle51
03 Jul 2017
Re: FAO: Eagle51 tiptophunter - apologies for the tardy reply but I stopped posting here a while back and don't often look in now. I've been working on a fraud of big dimensions that's been going on in another company I was invested in and it's occupied a lot of my time for the past two years. I'm nearly there, no thanks to pitiful regulators and people with friends in high places. Over $100m in involved and they're running for the exits. I may sell the plot to John Grisham. You'll probably end up reading about it.Ref JOG, I like the team and believe them to be straight and extremely well motivated - clever too. If that was all there was to it I'd just add when appropriate and wait. I have never managed to get much discussion going here - even in the Trap Oil days - and there were few indications anyone enjoyed reading my posts so I gave up. I post elsewhere under a different name but don't get much out of that forum because everyone is fixated on short term price and they seem to miss a lot of what I regard as important. I only post very occasionally.I'm still long and strong in JOG but will downsize if it ends up going into the Verbier drill with nothing much else in its cupboard to exist on if the drill proves non-commercial. I've been caught by too many dry holes in the past, after prospects had been talked up. Call me a cynic if you like but it was real money I lost. The term: "plugged and abandoned" has too much meaning for me ever to feel comfortable ahead of a drill, no matter how optimistic everyone is in advance. Maybe Verbier will be a gusher beyond all expectations - hope so for everyone's sake - I'll still have a fair sized holding as I wouldn't want to miss the fun. There's a mid-point to be struck though.It is my aim to be completely out of the markets when my last few remaining investments (all in oil) play out. There's too much manipulation and downright dishonesty to make investing sensible. I have other plans for my money - I'm fed up with seeing cheats prosper at my and others expense - there's a constant emptying out of people's savings and investment pots going on with the full approval of our Government, which benefits from the crooked behaviour because it gets tax on the profits the low life investment banks (and UK managed hedge funds) make and the bonuses their employees get paid for stealing others money by cheating. Hence no regulation. I could go on.My other holdings are (in order of size): SQZ, CLNR and SOU (ouch). After today's news I'm glad I haven't got that many SOU. See what I mean about talked up prospects? Congrats on getting a ranking, tth and best of luck with your holdings. Death (it isn't specifically predicted - I'm just getting old ) is my next major event but I'm hoping to be able to put on a JOG £5 a share party before I go. Chance would be a fine thing.................
admiralty12
30 Jun 2017
Re: Good bounce Very quiet here......Oil price chart suggests upwards to $50 short term. I am not sure it's the driving force behind JOG tho. Very low volume for the price rise.
