JOG Jersey Oil And Gas Plc

TIDMJOG

RNS Number : 6655D

Jersey Oil and Gas PLC

27 June 2019

27 June 2019

Jersey Oil and Gas plc

("Jersey Oil & Gas", "JOG" or the "Company")

Result 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 the resolutions proposed at its Annual General meeting ("AGM") held earlier today, as set out in the formal Notice of Annual General Meeting dated 23 May 2019, were all duly approved by shareholders.

At the AGM, an updated corporate presentation was delivered by the Company's Chief Executive Officer, Mr Andrew Benitz, which is available to download on the Company's website at www.jerseyoilandgas.com.

Enquiries:

 
 Jersey Oil and Gas plc        Andrew Benitz,      C/o Camarco: 
                                CEO                 Tel: 020 3757 
                                                    4983 
 Strand Hanson Limited         James Harris        Tel: 020 7409 
                                Matthew Chandler    3494 
                                James Bellman 
 Arden Partners plc            Paul Shackleton     Tel: 020 7614 
                                Benjamin Cryer      5900 
 BMO Capital Markets Limited   Jeremy Low          Tel: 020 7236 
                                Tom Rider           1010 
 Camarco                       Billy Clegg         Tel: 020 3757 
                                James Crothers      4983 
 

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 owns an 18% interest in the P2170 licence, Blocks 20/5b & 21/1d, Outer Moray Firth, in which the operator, Equinor UK Limited, owns a 70% interest and CIECO V&C (UK) Limited owns a 12% interest. This licence contains the 2017 Verbier oil discovery.

The Company plans to build an upstream E&P portfolio via both organic development and acquisitions coinciding with the cyclical recovery in the oil price and the opportune buying market in the North Sea. The Company is involved in multiple acquisition opportunities and intends to draw on its management team's considerable experience, knowledge and expertise to deliver shareholder value from its stated growth strategy.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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