Jersey Oil & Gas has announced that the North Sea Transition Authority has approved an extension to the Second Term of its P2170 Verbier Licence. This licence is now aligned with JOG s P2498 Buchan Licence with the current phase expiring end of August 2023, in keeping with the Company s stated strategy of developing the Greater Buchan Area ( GBA ) as an area-wide development plan.
Parkmead, the independent energy group focused on growth through gas, oil and renewable energy projects, has reported its preliminary results for the year ended 30 June 2022.