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VIETNAM

JADESTONE ENERGY CURRENTLY HAS INTERESTS IN FOUR AND IS THE OPERATOR OF FIVE PRODUCTION SHARING CONTRACTS IN VIETNAM

Blocks 05-1b & 05-1c**

Jadestone Energy has a 30% interest in Blocks 05-1b & 05-1c PSC which covers an area of 925km² in the Nam Con Son basin. The PSC holds two fully appraised gas and condensate discoveries, Dai Nguyet and Sao Vang, in close proximity to the Nam Con Son gas transportation pipeline and existing production facilities.

 

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Block 51 PSC

Jadestone Energy has a 70% interest in Block 51 PSC which covers an area of approximately 2,900km² on the northeast margin of the Malay Basin in water depths ranging from 20m to 60m. It is situated very close to, and on trend with, the prolific MTJDA gas province. Block 51 PSC contains the Tho Chu and U Minh gas fields.

 

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Block 46/07 PSC

Jadestone Energy has a 70% interest in Block 46/07 PSC which covers an area of 2,622 km² and is located adjacent to Block 51 in similar water depths. Block 46/07 PSC contains the Nam Du gas field. The block is also very close to oil and gas discoveries and production in neighbouring blocks 46/13 and 46-CN.

 

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Block 127 PSC

Jadestone Energy has a 100% interest in Block 127 PSC which covers an area of over 9,000 km² and is located at the southern end of the Phu Khanh Basin, off the southeast coast of Vietnam. Water depths in the block extend from less than 20m in the west to over 2,000m in the east.

 

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** Pending Vietnam Government approval of the Jadestone Energy farm-in agreement.

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