Jadestone Energy Inc ( (GB:JSE) ) has provided an announcement.
Jadestone Energy has submitted a field development plan for its Nam Du/U Minh gas discoveries offshore Vietnam, marking a significant step in the commercialization of these assets. The plan outlines a phased development with initial production from the Nam Du field, which will accelerate gas supply to Vietnam and generate revenue for Jadestone. This development is expected to enhance Jadestone’s position in the Asia-Pacific energy market by providing affordable, lower GHG intensity gas, supporting economic growth and job creation in the region.
More about Jadestone Energy Inc
Jadestone Energy plc is an independent upstream production and development company focused on the Asia-Pacific region, with a diversified portfolio of assets in countries like Australia, Malaysia, Indonesia, Thailand, and Vietnam. The company aims to grow its production base through organic developments and strategic acquisitions, while also committing to a Net Zero pledge on Scope 1 & 2 GHG emissions by 2040.
Average Trading Volume: 1,125,729
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £127.2M
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