26 April 2018
Jersey Oil and Gas plc
("Jersey Oil & Gas" or the "Company")
Posting of 2017 Annual Report and Financial Statements
and Notice of Annual General Meeting
Jersey Oil & Gas (AIM: JOG), an independent upstream oil and gas company focused on the UK Continental Shelf ("UKCS") region of the North Sea, announces that, further to the release of its Final Results for the year ended 31 December 2017, its full Annual Report and Financial Statements for the year ended 31 December 2017, a Notice of Annual General Meeting ("AGM") and the associated Form of Proxy are now available to download from the Company's website at www.jerseyoilandgas.com and have today been posted to those shareholders who have elected to receive hardcopy shareholder communications from the Company.
The Company also announces that its AGM in respect of its financial year ended 31 December 2017 will be held on Thursday, 24 May 2018 at 12.00 noon at the offices of Pinsent Masons LLP, 30 Crown Place, Earl Street, London EC2A 4ES.
**ENDS**
Enquiries:
Jersey Oil and Gas plc
|
Andrew Benitz, CEO |
C/o Camarco: Tel: 020 3757 4983 |
Strand Hanson Limited |
James Harris Matthew Chandler James Bellman |
Tel: 020 7409 3494 |
Arden Partners plc |
Chris Hardie Benjamin Cryer |
Tel: 020 7614 5900 |
BMO Capital Markets |
Jeremy Low Neil Haycock Tom Rider |
Tel: 020 7236 1010 |
Camarco |
Billy Clegg Georgia Edmonds James Crothers |
Tel: 020 3757 4983 |
Notes to Editors:
Jersey Oil & Gas is a UK E&P company focused on building a production-focused company in the North Sea. The Company owns an 18% interest in the P.2170 licence, Blocks 20/5b & 21/1d, Outer Moray Firth, in which the operator, Statoil (U.K.) Limited, owns a 70% interest and CIECO V&C (UK) Limited owns a 12% interest.
The Company plans to build a production portfolio via both organic development and acquisitions coinciding with the cyclical recovery in the oil price and the opportune buying market available in the North Sea. The Company is involved in multiple sales processes and intends to draw on its management team's experience, knowledge and expertise to deliver shareholder value from its stated production acquisition strategy.