Jersey Oil and Gas PLC Posting of Annual Report and Notice of AGM (7027X)
06 Mayo 2021 - 1:00AM
UK Regulatory
TIDMJOG
RNS Number : 7027X
Jersey Oil and Gas PLC
06 May 2021
6 May 202 1
Jersey Oil and Gas plc
("Jersey Oil & Gas", "JOG" or the "Company")
Posting of Annual Report and Accounts and Notice of Annual
General Meeting
Jersey Oil & Gas (AIM:JOG), an independent upstream oil and
gas company focused on the UK Continental Shelf region of the North
Sea, announces that it will today post to shareholders copies of
its Annual Report and Accounts for the year ended 31 December 2020
together with the Notice of Annual General Meeting ("AGM") and Form
of Proxy. An electronic copy of these documents will also be made
available on the Company's website ( www.jerseyoilandgas.com ).
The AGM will be held on Wednesday 2 June 2021 at 10.00am at
Ground Floor, 5 St Andrew's Place, St Helier, Jersey, Channel
Islands JE2 3RP. In light of the Coronavirus (COVID-19) pandemic
and the UK Government's measures currently in force, the AGM this
year will be run as a closed meeting. Regrettably therefore, it
will not be possible for shareholders to attend the AGM and the
Company will be unable to allow entry to anyone seeking to attend
the AGM in person.
Shareholders are therefore strongly encouraged to vote by proxy.
The Company will convene the AGM with the minimum necessary quorum
of two shareholders (which the Company will facilitate) and will
include all valid proxy votes in its polls at the AGM. The format
of the meeting will be purely functional and will comprise only the
formal votes.
After the conclusion of the AGM, the Company will provide a
pre-recorded audio corporate presentation, together with an
incorporated Q&A section, that will answer a selection of
questions received from shareholders. This will be uploaded onto
the Company's website. Shareholders are encouraged to submit
questions to the Company to be included in the presentation by
5.00pm on Thursday 27 May 2021 via email at the following address:
agmquestions@jerseyoilandgas.com
The current situation is evolving and the Government may change
current restrictions relating to the holding of general meetings
during the affected period. The Company will make any further
announcements that may be required by way of a Regulatory News
Service and on the Company's website.
Enquiries :
Jersey Oil and Gas plc Andrew Benitz, CEO C/o Camarco:
Tel: 020 3757 4983
Strand Hanson Limited James Harris Tel: 020 7409 3494
Matthew Chandler
James Bellman
Arden Partners plc Paul Shackleton Tel: 020 7614 5900
Benjamin Cryer
finnCap Ltd Christopher Raggett Tel: 020 7220 0500
Tim Redfern
Camarco Billy Clegg Tel: 020 3757 4983
James Crothers
Rebecca Waterworth
Notes to Editors :
Jersey Oil & Gas is a UK E&P company focused on building
an upstream oil and gas business in the North Sea. The Company
holds a significant acreage position within the Central North Sea
referred to as the Greater Buchan Area ("GBA"), which includes
operatorship and 100% working interests in blocks that contain the
Buchan oil field and J2 and Glenn oil discoveries and an 100%
working interest in the P2170 Licence Blocks 20/5b & 21/1d,
that contain the Verbier oil discovery and other exploration
prospects.
JOG's total GBA acreage is estimated by management to contain
190 million barrels of oil equivalent ("mmboe") of discovered P50
recoverable resources net to JOG, in addition to significant
exploration upside potential of approximately 220 mmboe of
prospective resources in close proximity to the Company's planned
Buchan platform. JOG has recently concluded the Concept Select
phase of an FDP for the Greater Buchan Area and plans to progress
into Front End Engineering and Design (FEED) later this year.
JOG is focused on delivering shareholder value and growth
through creative deal-making, operational success and licensing
rounds. Its management is convinced that opportunity exists within
the UK North Sea to deliver on this strategy and the Company has a
solid track-record of tangible success.
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END
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