Jersey Oil & Gas has been awarded, subject to documentation, a 100% working interest in, and operatorship of, part-block 20/5e in the Oil & Gas Authority's ("OGA's") 32nd Offshore Licensing Round. Part-block 20/5e is located within JOG's existing Greater Buchan Area ("GBA") development acreage and contains an extension of the J2 (well 20/05a-10Y) oil discovery.

JOG understands that this part-block will be incorporated within Licence P2498 (Blocks 20/5a & 21/1a) awarded to JOG in the OGA's 31st Offshore Supplementary Licensing Round, which contains the Buchan oil field and the J2 oil discovery and forms the basis of JOG's proposed GBA development plans.

Andrew Benitz, CEO of Jersey Oil & Gas, commented:
"I am pleased that JOG has been awarded part-block 20/5e, which represents a further step towards delivering on our strategy of progressing the proposed future development of  the Greater Buchan Area." 

KeyFacts Energy: Jersey Oil and Gas UK country profile