Jadestone’s growth-orientated strategy aims to establish a leading Asia-Pacific upstream company through acquiring and maximising the value of producing fields and development assets. We will do this through achieving significant operating efficiencies, increasing production and/or reducing costs by applying smart field development and reservoir management strategies.
Jadestone Energy owns 100% of the Stag oil field and 100% of the Montara Project, both oil-producing assets, offshore Australia.
Jadestone Energy owns operated and non-operated interests offshore Peninsular Malaysia, covering four PSCs. Malaysia is also home to Jadestone’s subsurface and financial teams.
Jadestone Energy has a 90% operated working interest in the Lemang PSC onshore Sumatra, Indonesia.
Jadestone Energy has a portfolio of development assets in Vietnam including working interests in the Block 51 and Block 46/07 PSCs.
Reserves and resources numbers for Jadestone’s assets above are from reports prepared for the Company by ERCE Ltd. (“ERCE”), a qualified reserves evaluator, and are available with the link below.