Availability of Annual Report and Notice of AGM
7 June 2023 – Singapore: Jadestone Energy plc (“Jadestone” or the “Company”), an independent oil and gas production company focused on the Asia-Pacific region, announces that its annual report, including its audited financial results, for the year ended 31 December 2022 (“2022 Annual Report”) has been published on the Company’s website at www.jadestone-energy.com.
The 2022 Annual Report will be posted to shareholders on 7 June 2023 together with the Notice of the 2023 Annual General Meeting (“AGM”) and Form of Proxy. The Company will hold its AGM on 30 June 2023 at 9:00 a.m. at the offices of Simmons & Simmons, Citypoint, 1 Ropemaker Street, London, EC2Y 9SS.
The Company is also pleased to announce that its 2022 Sustainability Report has been published on its website.
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About Jadestone Energy
Jadestone Energy plc is an independent oil and gas company focused on the Asia-Pacific region. It has a balanced, low risk, full cycle portfolio of development, production and exploration assets in Australia, Malaysia, Indonesia, Thailand and Vietnam.
The Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company also has a 16.67% non-operated interest in the North West Shelf Oil Project offshore Western Australia, comprising four oil fields containing significant upside potential through potential infill drilling and life extension activities.
The Company is the operator of four licences offshore Peninsular Malaysia; two of which currently producing – the PM323 PSC which produces oil and the PM329 PSC which produces oil and gas. The Company has a non-operated 9.52% interest in the Sinphuhorm producing gas field onshore Thailand.
Further, the Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam, and an operated 100% interest in the Lemang PSC, onshore Sumatra, Indonesia, which includes the Akatara gas field development, where first production is expected in the first half of 2024.
Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman’s business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia-Pacific region.
Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market of the London Stock Exchange (AIM: JSE). The Company is headquartered in Singapore. For further information on the Company please visit www.jadestone-energy.com.
This announcement does not contain inside information.