Investor Update: Jersey Oil & Gas picks up more North Sea acreage

Headlines from the Proactive UK newsroom.

Jersey Oil & Gas (LON:JOG) has been awarded more acreage in the North Sea. Block 21/2a contains the Glenn oil discovery and adds a further 14 million barrels to Jersey’s North Sea reserves.

Union Jack Oil (LON:UJO) says operator Raithlin Energy has started to flow test the promising West Newton appraisal well in Yorkshire. The testing period is set last for up to eight weeks.

Eddie Stobart Logistics (LON:ESL) warned that its underlying profits in the first half were at the lower end of expectations and the trucking group said it also will have to make a revision to this and the prior year’s earnings. 

Peppa Pig has a new home. Toy maker Hasbro is to buy the cartoon character’s owner  Entertainment One (LON:ETO) for £3.3bn. The price of 560p per share is a 31% premium to last night.

Ryanair (LON:RYA) has kept its crown as Britain’s most unpopular major brand. For the sixth year in a row the airline scored lowest in the annual survey by consumer group with 45% rating for customer satisfaction.

BT in talks to sell its corporate business in Ireland to a private equity group Mayfair Equity Partners. The business is set to change hands for more than €300mln.


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