Jersey Oil and Gas Plc (LON:JOG) Insider Jason Andrew Benitz Buys 47,166 Shares

Jersey Oil and Gas Plc (LON:JOG) insider Jason Andrew Benitz purchased 47,166 shares of the firm’s stock in a transaction that occurred on Friday, March 7th. The shares were acquired at an average cost of GBX 53 ($0.69) per share, with a total value of £24,997.98 ($32,309.65).

Jersey Oil and Gas Stock Performance

Shares of JOG opened at GBX 57 ($0.74) on Friday. The company has a current ratio of 69.26, a quick ratio of 18.80 and a debt-to-equity ratio of 0.40. The company has a market capitalization of £18.75 million, a price-to-earnings ratio of -3.52 and a beta of 0.96. The stock has a 50 day moving average of GBX 65.70 and a 200 day moving average of GBX 62.94. Jersey Oil and Gas Plc has a 12 month low of GBX 45.60 ($0.59) and a 12 month high of GBX 183 ($2.37).

Jersey Oil and Gas Company Profile

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 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.