Jadestone Energy Inc. Jadestone EnergyProvides an Update on Stag Infill Drilling SINGAPORE / ACCESSWIRE / April 2, 2019 / Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, provides an update on the drilling of the 49-H infill well at Stag oilfield. Following the weakening of tropical cyclone Veronica, personnel have safely returned to the field and have undertaken a [...]
SINGAPORE / ACCESSWIRE / April 1, 2019 / Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, is pleased to announce that on March 29, 2019 it issued an aggregate of 8,000,000 incentive stock options to a number of employees, officers, directors, and consultants, including an individual engaged in investor relations activities on behalf of the Company. The stock options [...]
Jadestone Energy Inc. , , an independent oil and gas production company focused on the Asia Pacific region, provides an update on its infill drilling programme at the Stag oilfield. The Ensco 107 jack-up rig arrived on location at the Stag platform on March 15, 2019. Preparations for drilling progressed safely and on schedule, when operations were paused due to severe weather conditions related to tropical cyclone [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, is pleased to provide guidance for 2019. The Company has posted an updated corporate presentation to its website www.jadestone-energy.com/presentations. 2019 Outlook • Average crude oil production expected to be between 13,500-15,500 bbls/d • Average production for February 2019 of 15,369 bbls/d following [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, is pleased to announce that it has signed a rig contract for infill drilling on the Stag oilfield, located offshore Australia . Ensco Australia Pty Limited has agreed to provide the Ensco 107 jack-up drilling rig to Jadestone, after completion of its current operation in Dampier, Western Australia. Jadestone intends [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, is pleased to provide an update on production and hedging for the Montara asset, located offshore Australia . Highlights ● Strong performance at Montara since production restart, with a period of flush production following the asset shutdown ● Near-term production anticipated to stabilise at approximately 10,000 bbls/d, compared to 2018 average production of 7,615 bbls/d ● Swaps in place covering approximately 2.0 mmbbls of Montara production in 2019, with an average price of US$73.49/bbl for Q1 2019, a gain of approximately US$12/bbl on current Brent spot prices ● Asset inspections and maintenance now fully up to date and an increase in uptime and... [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, has received notification from Tyrus Capital S.A.M. , of the following transactions in the Company's common shares of no par value, by Tyrus: Number of shares bought Resultant holding Threshold crossed 8,500,000 118,205,247 25% The information communicated in this announcement contains inside information for the [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, announces the restart of production from the Montara oil field, following its maintenance and inspection shutdown. Production operations restarted at the Montara facilities on January 11, 2019, and production volumes will be ramped up while final checks are concluded. The entire facility will be restarted, including [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, announces the completion of works required for the restart of production from the Montara oil field, following an extensive maintenance and inspection shutdown. Production restart plan Work has been completed and the facilities are undergoing the final stages of pressure testing to ensure asset integrity and a safe [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, reports an update on its Montara asset inspection and maintenance shutdown. As announced on November 15, 2018, following the decision to shut in the Montara asset in order to correct an extensive backlog of inspection and maintenance routines, the operating team has made excellent progress in efficiently and safely [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, announces that on 30 November 2018 and 3 December 2018 David Neuhauser, Non-executive Director of Jadestone, acquired a total of 112,000 common shares of no par value at a weighted average price of C$0.617 per share, for a total cost of C$69,156. Following this transaction, Livermore Partners LLC holds 32,295,867 [...]
Jadestone Energy Inc. , an independent oil and gas production company focused on the Asia Pacific region, reported today its condensed consolidated interim unaudited financial results for the three and nine months ended September 30, 2018. Third quarter highlights Operational ● Completed a transformational inorganic acquisition delivering material cashflow, reserves and production. The Montara Assets acquisition was completed on September 28, 2018 from certain subsidiaries of PTT Exploration and Production pcl adding 28.2 mmbbls of 2P reserves, as of January 2018, for a net cash consideration of US$133.1mm, after receipt from PTTEP of US$75.5mm of cash at closing, and other customary working capital adjustments; ● Successfully completed an over-subscribed placing ... [...]
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