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Jadestone Energy (Australia) Pty Ltd
The Atrium Building
Level 2, 168 St Georges Terrace
Perth, Western Australia, 6000

+61 8 9486 6600

Jadestone Energy (S) Pte Ltd
Talavera Suite 10th Floor, Unit 05-06
Talavera Office Park, Jl. TB Simatupang
Kav.22-26, Jakarta 12430 Indonesia

+62 21 8066 9020

Jadestone Energy (Singapore) Pte Ltd
3 Anson Road
#13-01 Springleaf Tower
Singapore 079909

+65 6324 0359

Mitra Energy (Vietnam Phu Khanh) Pte Ltd
Unit 07-22 The Executive Centre, Level 7
Friendship Tower, 31 Le Duan Boulevard
Ben Nghe Ward, District 1
Ho Chi Minh City, Vietnam

+84 28 38 237 111

Jadestone Energy plc
Human Resources team

careers@jadestone-energy.com

Phil Corbett
Investor Relations Manager

+44 7713 687467
ir@jadestone-energy.com

James Crothers, Billy Clegg
CAMARCO (Financial PR)

+44 (0)203 7574980
jse@camarco.co.uk

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Australia

Montara

Jadestone is the 100% owner and operator of the producing Montara Project, located in production licences AC/L7 and AC/L8 in the Timor Sea, approximately 630 kilometres offshore Western Australia, in a water depth of 77 meters. The Montara fields are situated in the prolific Vulcan Sub-basin.

Montara operations involve the production of oil using platform production wells for the Montara field and subsea wells for the Swift, Skua and Swallow fields. The oil from the subsea wells is piped via subsea flowlines to an unmanned wellhead platform and then to the Montara Venture owned floating production storage and offloading (FPSO) facility, which acts as a hub for the Montara fields, and potentially other stranded discoveries in the region.

Producing sandstone formations include the prolific Plover, Montara and Lower Vulcan reservoirs. All producing formations have high permeability (0.5 – 4 Darcy) and high porosity (18 – 24 per cent).

In 2024, gross production from the Montara Project averaged 5,262 bbls/d. As at 31 December 2024, the Montara Project fields were estimated to contain gross 2P reserves of 11.5 mmbbls.

 

Within the AC/L7 and AC/L8 licences and surrounding acreage, there are existing oil and gas discoveries which are not economic on a standalone basis. Currently, the Montara Project contains the only infrastructure in the area through which these discoveries could realistically be produced. Jadestone may, in the future, explore opportunities to monetise these assets which may be through acquisition, farm-in, divestment and/or third party tariff arrangements, as well as subject to pricing, technology and third-party activities.

The nearby Shell-operated Crux gas field, which is located approximately 30 km south of the Montara Project, is being developed as long-term backfill for the Prelude floating LNG facility located offshore Western Australia. The Crux field infrastructure could represent a viable export option for the significant undeveloped gas resource within the Montara licences.

Montara documents

Current in force Montara Operations EP, OPEP and OSM-BIP

Please find below a link to the current in force Environment Plan (EP), Oil Pollution Emergency Plan (OPEP) and Operational Scientific Monitoring Bridging Implementation Plan (OSM-BIP) for Montara operations.

Please also find a link to our latest information flyer on current and planned activities in the Montara field. We are open to consultation and welcome feedback at any time. Please feel free to contact us at consult@jadestone-energy.com

Environmental plans also currently in force (external links to the NOPSEMA website):

Questions or comments on the Montara Project?

To contact us on any aspect of the Montara Project please email consult@jadestone-energy.com