Jadestone has signed a Heads of Agreement with Petrovietnam, relating to gas sales from all discovered resources of the Nam Du and U Minh gas fields (JSE 70%WI, op) in block 46/07 and block 51, offshore Vietnam. The parties intend to negotiate an initial wellhead price following the availability of updated cost data for the development, expected post summer 2019.
29 Apr 2019
FLASH: Heads of Agreement for Vietnam gas sales
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FLASH: Heads of Agreement for Vietnam gas sales
Jadestone Energy PLC (JSE:LON) | 27.0 -0.1 (-0.9%) | Mkt Cap: 146.0m
- Published:
29 Apr 2019 -
Author:
Taro Kiley -
Pages:
2
Jadestone has signed a Heads of Agreement with Petrovietnam, relating to gas sales from all discovered resources of the Nam Du and U Minh gas fields (JSE 70%WI, op) in block 46/07 and block 51, offshore Vietnam. The parties intend to negotiate an initial wellhead price following the availability of updated cost data for the development, expected post summer 2019.