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29 April, 2024

Mailing of 2023 Annual Report

Mailing of 2023 Annual Report

29 April 2024 – Singapore: Jadestone Energy plc (“Jadestone”, or the “Company”), an independent upstream company focused on the Asia-Pacific region, announces that its annual report, including its audited financial results, for the year ended 31 December 2023 has been published on the Company’s website at www.jadestone-energy.com and will be mailed to shareholders on 1 May 2024.

The Company’s Annual General Meeting (“AGM”) will be held on 13 June 2024. Full details of the AGM and the resolutions to be addressed at the AGM will be set out in a separate Notice of the AGM on or around 9 May 2024.

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About Jadestone Energy

Jadestone Energy plc is an independent upstream company focused on the Asia-Pacific region.  It has a balanced and increasingly diversified portfolio of production and development assets in Australia, Malaysia, Indonesia, Thailand and Vietnam, all stable jurisdictions with a positive upstream investment climate.

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman Energy’s business in Asia-Pacific, the Company is pursuing a strategy to grow and diversify the Company’s production base both organically, through developments such as Akatara in Indonesia and Nam Du/U Minh in Vietnam, as well as through acquisitions that fit within Jadestone’s financial framework and play to the Company’s strengths in managing maturing oil assets. Jadestone delivers value in its acquisition strategy by enhancing returns through operating efficiencies, cost reductions and increased production through further investment.

Jadestone is a responsible operator and well positioned for the energy transition through its increasing gas production, by maximising recovery from existing brownfield developments and through its Net Zero pledge on Scope 1 & 2 GHG emissions from operated assets by 2040. This strategy is aligned with the IEA Net Zero by 2050 scenario, which stresses the necessity of continued investment in existing upstream assets to avoid an energy crisis and meet demand for oil and gas through the energy transition.

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 release does not contain inside information.

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