Holdings in Company:
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For further information, please contact:
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+44 (0) 7713 687467 ( |
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+44 (0) 20 7710 7600 ( |
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Berenberg (Joint Broker) |
+44 (0) 20 3757 4980 ( |
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Camarco (Public Relations Advisor) |
+44 (0) 203 757 4980 ( |
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About Jadestone Energy
The Company is pursuing a strategy to grow and diversify the Company's production base both organically, through developments such as Nam Du/U Minh in Vietnam and the Puteri Cluster offshore Malaysia, 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.
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