Jadestone owns 100%, operated interests in the producing Montara project and the Stag oilfield, offshore Western Australia. In Malaysia, Jadestone owns a 60% operated working interest in the PM323 licence, a 70% operated working interest in the PM329 licence and a 50% non-operated working interest in the PM318 and AAKBNLP licences, all located offshore Peninsula Malaysia. The company also holds an operated 90% interest in the Lemang PSC, onshore Sumatra, Indonesia, in addition to various exploration and pre-development assets in Vietnam and other parts of Southeast Asia, and has executed an agreement to acquire an operated 69% interest in the Maari project, offshore New Zealand.
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.
The company 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 is headquartered in Singapore, has its principal technical team in Kuala Lumpur and country operational offices in Perth, Jakarta, Ho Chi Minh City, and New Plymouth.
Jadestone Energy is listed on the AIM market of the London Stock Exchange (AIM: “JSE”).
See how Jadestone Energy has excelled in the energy sector and how it has grown as a company and as an investment.