Jersey Oil and Gas PLC 2021 AR2
The report highlights Jersey Oil & Gas's progress during 2021, focusing on advancing the Greater Buchan Area (GBA) development project in the UK North Sea. The company consolidated 100% ownership of the GBA and launched a farm-out process to secure industry partners. JOG also implemented its inaugural Carbon Policy, aiming for Scope 1 and 2 carbon neutrality by first oil, and established a Sustainable Supply Chain Management system. Financially, the group remains well-funded with a cash balance of approximately £13 million at the end of 2021, supported by a £16.61 million equity raise.
Company: Jersey Oil and Gas PLC
Sector: Energy
Country: Jersey
Year: 2021
Type: AR2
Pages: 75
Jersey Oil and Gas PLC
Annual Report
The report highlights Jersey Oil & Gas's progress during 2021, focusing on advancing the Greater Buchan Area (GBA) development project in the UK North Sea. The company consolidated 100% ownership of the GBA and launched a farm-out process to secure industry partners. JOG also implemented its inaugural Carbon Policy, aiming for Scope 1 and 2 carbon neutrality by first oil, and established a Sustainable Supply Chain Management system. Financially, the group remains well-funded with a cash balance of approximately £13 million at the end of 2021, supported by a £16.61 million equity raise.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees