checkAd

Jadestone Energy PLC Announces Peninsular Malaysia Assets Acquisition Complete

Autor: Accesswire
02.08.2021, 08:00  |  127   |   |   

SINGAPORE, SINGAPORE / ACCESSWIRE / August 2, 2021 / Jadestone Energy plc ('Jadestone', the 'Company' or together with subsidiaries, the 'Group'), an independent oil and gas production company focused on the Asia Pacific region, is pleased to …

SINGAPORE, SINGAPORE / ACCESSWIRE / August 2, 2021 / Jadestone Energy plc ('Jadestone', the 'Company' or together with subsidiaries, the 'Group'), an independent oil and gas production company focused on the Asia Pacific region, is pleased to announce that, further to our press release dated 16 July 2021, the Company has completed its acquisition of the Peninsular Malaysia assets of SapuraOMV Upstream Sdn Bhd (the 'Assets'). Inclusive of agreed adjustments, the Company's net consideration comprised a net cash receipt of approximately US$9.2 million.

The Assets add immediate cash flow from around 6,000 barrels of oil equivalent per day of low operating cost production, on a net working interest basis, of which over 90% is oil. Adding the Assets to the Jadestone portfolio will increase the Group's 2P reserves by 34%, adding 12.5 million barrels oil equivalent of net working interest 2P reserves, based on Jadestone's best estimate 2P reserves production profile.

For further information, please contact:

Jadestone Energy plc +65 6324 0359 (Singapore)
Paul Blakeley, President and CEO +44 7392 940 495 (UK)
Dan Young, CFO ir@jadestone-energy.com
Robin Martin, Investor Relations Manager  
   
Stifel Nicolaus Europe Limited (Nomad, Joint Broker) +44 (0) 20 7710 7600 (UK)
Callum Stewart  
Jason Grossman  
Ashton Clanfield  
   
Jefferies International Limited (Joint Broker) +44 (0) 20 7029 8000 (UK)
Tony White  
Will Soutar  
   
Camarco (Public Relations Advisor) +44 (0) 203 757 4980 (UK)
Billy Clegg jse@camarco.co.uk
James Crothers  

About Jadestone Energy

Seite 1 von 3
Jadestone Energy Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de



Wertpapier



0 Kommentare

Schreibe Deinen Kommentar

Bitte melden Sie sich an, um zu kommentieren. Anmelden | Registrieren

 

Disclaimer

Jadestone Energy PLC Announces Peninsular Malaysia Assets Acquisition Complete SINGAPORE, SINGAPORE / ACCESSWIRE / August 2, 2021 / Jadestone Energy plc ('Jadestone', the 'Company' or together with subsidiaries, the 'Group'), an independent oil and gas production company focused on the Asia Pacific region, is pleased to …

Nachrichten des Autors

Titel
Titel
Titel
Titel