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Jadestone owns a 70% operated working interest in the PM 329 licence, offshore Peninsular Malaysia

PM 329 contains the producing East Piatu field, an oil and gas producing field, which has been developed by way of a wellhead platform and central processing platform, connected to both oil and gas export pipelines.

Completion of Jadestone’s acquisition of this interest occurred in August 2021. ┬áPETRONAS Carigali holds the remaining 30% working interest.

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