Jadestone has agreed to acquire a 60% operated working interest in the PM 323 licence, which includes three producing fields, Chermingat, East Belumut, and West Belumut, in water depth of approximately 72 metres, in the Malay Basin, offshore Peninsular Malaysia.
Jadestone has agreed to acquire a 70% operated working interest in the PM 329 licence, which includes the producing East Piatu field, in water depth of approximately 62 in the Malay Basin, offshore Peninsular Malaysia.
People are Jadestone’s most important assets, and Malaysia is an excellent source of well-educated technical talent in the Asia/Pacific region.
Jadestone employs mostly Malaysian nationals as well as a small number of expatriates, including those from within the Asia Pacific region, at its Kuala Lumpur office. This team help drive our continued success throughout the region.
Jadestone has agreed to acquire a 50% non-operated working interest in the PM 318 and AAKBNLP licences, which include several producing fields, in water depth of approximately 68 metres in the Malay Basin, offshore Peninsular Malaysia.
