Jadestone Energy to acquire additional stake in CWLH oil fields for $9m

Jadestone Energy to acquire additional stake in CWLH oil fields for $9m

Jadestone Energy plc, an independent oil and gas production company, has announced a significant acquisition in the Asia-Pacific region. The company has executed a sale and purchase agreement to acquire a non-operated 16.67% working interest in the CWLH oil fields, offshore Western Australia, from Japan Australia LNG (MIMI) Pty Ltd. This US$9 million investment increases […]

Jadestone seeks approval for Nam Du and U Minh gas project in Vietnam

Jadestone seeks approval for Nam Du and U Minh gas project in Vietnam

Jadestone Energy has submitted the field development plan (FDP) for its offshore Nam Du and U Minh gas fields in southwestern Vietnam to Vietnam Oil and Gas Group (Petrovietnam). The FDP received endorsement from Petrovietnam and needs further approval by the Vietnam Government, which is expected later this year, said the Singaporean oil and gas company. […]