Jersey Oil and Gas PLC Post of Annual Report and Notice of AGM. (0319M)
May 06 2020 - 2:00AM
UK Regulatory
TIDMJOG
RNS Number : 0319M
Jersey Oil and Gas PLC
06 May 2020
6 May 2020
Jersey Oil and Gas plc
("Jersey Oil & Gas", "JOG" or the "Company")
Posting of 2019 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 2019, its full 2019 Annual
Report and Financial Statements together with the Notice of Annual
General Meeting ("AGM") and associated Form of Proxy are now
available on the Company's website ( 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 2019 will be held on Wednesday, 3
June 2020 at 10.00 a.m. at 513 Harrington Place, Heathside
Crescent, Woking GU22 7BL. In light of the Coronavirus (COVID-19)
pandemic and the UK Government's measures to restrict travel and
public gatherings currently in force, including a prohibition on
public gatherings of more than two people, it will not be possible
to hold the AGM in its usual format and the AGM this year will
consequently 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 voting on the resolutions tabled.
Following the conclusion of the AGM, the Company will provide a
pre-recorded audio corporate presentation, together with an
incorporated Q&A section that will address a selection of
questions received from shareholders. This will be uploaded to the
Company's website. Shareholders are encouraged to submit any
questions to the Company to be included in the presentation by
Thursday, 28 May 2020 via email to the following address:
agmquestions@jerseyoilandgas.com .
The current situation is evolving and the Government may change
current restrictions or implement further measures relating to the
holding of general meetings during the affected period. The Company
will make any further announcement(s) that may be required by way
of a Regulatory Information 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
BMO Capital Markets Limited Jeremy Low Tel: 020 7236 1010
Tom Rider
Camarco Billy Clegg Tel: 020 3757 4983
James Crothers
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, which includes operatorship
and 100% working interests in blocks that contain the Buchan oil
field and J2 and Glenn oil discoveries, and, following the
acquisition of an additional 70% working interest announced in late
January 2020 will, subject to completion, also assume operatorship
of and hold an 88% working interest in the P2170 Licence, Blocks
20/5b & 21/1d, that contains the Verbier oil discovery.
JOG's acreage is estimated by management to contain more than
140 million barrels of oil equivalent ("boe") of discovered mean
recoverable resources net to JOG, in addition to significant
exploration upside potential. JOG is currently progressing the
concept select phase of a Field Development Plan ("FDP") for the
Greater Buchan Area.
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.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014.
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
MSCUVOBRRBUVRAR
(END) Dow Jones Newswires
May 06, 2020 02:00 ET (06:00 GMT)
Jersey Oil and Gas (AQSE:JOG.GB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Jersey Oil and Gas (AQSE:JOG.GB)
Historical Stock Chart
From Jul 2023 to Jul 2024