JOG has entered into a conditional SPA to acquire 70% + operatorship in P2170 / blocks 20/5b + 21/1d from Equinor for 2 milestone payments (USD 3 & 5 MM linked to Verbier clearance + production) + a royalty based on potential future production from the Verbier Upper Jurassic (J62-J64) reservoir. Partnership-to-be Jersey (op) 70%, Equinor 30%.
Jersey O&G (->88% op, CIECO 12%) has entered into a conditional SPA to acquire 70% + op. in P2170 (home to Verbier disc.)  from Equinor (->0%)