Arden Partners Ltd Reiterates Buy Rating for Jersey Oil and Gas PLC (JOG)

Arden Partners Ltd reissued their buy rating on shares of Jersey Oil and Gas PLC (LON:JOG) in a research note published on Thursday, April 20th.

Jersey Oil and Gas PLC (LON:JOG) remained flat at GBX 259.00 during midday trading on Thursday. 35,280 shares of the company traded hands. Jersey Oil and Gas PLC has a 52-week low of GBX 15.07 and a 52-week high of GBX 340.00. The stock’s market cap is GBX 25.68 million. The company has a 50 day moving average of GBX 287.99 and a 200-day moving average of GBX 190.50.

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Jersey Oil and Gas PLC Company Profile

Jersey Oil and Gas plc, formerly Trap Oil Group plc, is an independent upstream oil and gas company focused on the United Kingdom Continental Shelf region of the North Sea. The Company holds an 18% interest in the P2170 license, 20/5b &21/1d, Inner Moray Firth, where it is participating in a Statoil funded and operated exploration well on the 113 million barrels of oil equivalents (mmboe) Verbier prospect.

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