Jadestone Energy PLC Announces Update on Maari Acquisition

Update on Maari Acquisition

SINGAPORE / ACCESSWIRE / August 31, 2021 / Jadestone Energy plc ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia Pacific region, provides an update on the planned completion of the acquisition of the 69% operated interest in the Maari asset, shallow water offshore New Zealand.

Further to the Company's announcement on 30 June 2021, both Jadestone and OMV New Zealand Limited continue to work towards completion of the transaction, including an extension to the current long stop date of 31 August 2021. Further updates will be made when appropriate.

For further information, please contact:

Jadestone Energy plc
Paul Blakeley, President and CEO	[phone] (Singapore)
Dan Young, CFO
Phil Corbett, Investor Relations Manager	[phone] (UK)
	[e-mail]
Stifel Nicolaus Europe Limited (Nomad, Joint Broker)	[phone] (UK)
Callum Stewart
Jason Grossman
Ashton Clanfield
Jefferies International Limited (Joint Broker)	[phone] (UK)
Tony White
Will Soutar
Camarco (Public Relations Advisor)	[phone] (UK)
Billy Clegg	[e-mail]
James Crothers

About Jadestone Energy