Ref, DEA 27 Jan '20, Jersey has completed the acquisition of 70% + operatorship in P2170 / blocks 20/5b + 21/1d from Equinor in exchange for payment (USD 3 & 5 MM linked to Verbier clearance + production) + royalty based on oil production from the Verbier U. Jurassic reservoir. Jersey (op) 70%, Equinor 18%, CIECO 12%.
Jersey has completed the acquisition of 70% + operatorship in P2170 / blocks 20/5b + 21/1d from Equinor in exchange for payment (USD 3 & 5 MM linked to Verbier clearance + production) + royalty based on oil production from the Verbier U. Jurassic reservoir. Jersey (op) 70%, Equinor 18%, CIECO 12%