Its asset portfolio comprises the producing Stag oilfield offshore Western Australia and exploration and pre-development assets in Vietnam and other parts of Southeast Asia.
The company plans to build its asset portfolio through the acquisition of producing assets where there are significant opportunities for operating efficiencies, costs reduction and increased production through further investment. It is also identifying appraised, non-producing assets, with proven resources that can be developed and quickly brought to production cost-effectively with strong growth potential.
Jadestone Energy’s experienced management team has a track record of success in identifying and extracting significant trapped value from producing assets, through finding operating efficiencies, reducing costs and increasing production and recovery factors through careful field and reservoir management including infill drilling and enhanced recovery techniques.
Jadestone Energy is headquartered in Singapore, has its principal technical team in Kuala Lumpur and country operational offices in Jakarta, Ho Chi Minh City and Hanoi. Jadestone Energy also has a wholly owned subsidiary, Jadestone Energy (Australia) Pty Ltd, based in Perth, Western Australia.
Jadestone Energy is listed on the Toronto Stock Exchange (TSlXV: “JSE”).