UK: Jersey Oil and Gas announces Greater Buchan Area Development Project Concept Select update 03 Mar 2021 Concept Select Report ('CSR') in respect of its Greater Buchan Area ('GBA') Development Project which contains an aggregate 172 million barrels of oil equivalent ('MMboe') 2C contingent resource estimates of light sweet crude and associated gas. The planned development is centred on resuming production at the Buchan oil field and producing the J2 and Verbier oil discoveries as well as other existing and yet to find discoveries within the GBA as future upside. Highlights A three-phase development centered around a single integrated wellhead, production, utilities and quarters platform located at the Buchan field - the GBA hub