Jadestone Energy Awards Restricted Shares to Executive Chairman

Jadestone Energy Inc ( (GB:JSE) ) has provided an update.

Jadestone Energy plc announced the award of 1,089,580 Restricted Shares to Dr. Adel Chaouch, the Executive Chairman, as part of an incentive related to the performance of the Akatara field in Indonesia. This award reflects the company’s commitment to rewarding executive performance and aligns with its strategic goals in the Asia-Pacific region, potentially enhancing its market position and stakeholder confidence.

The most recent analyst rating on (GB:JSE) stock is a Hold with a £20.00 price target. To see the full list of analyst forecasts on Jadestone Energy Inc stock, see the GB:JSE Stock Forecast page.

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 Australia, Malaysia, Indonesia, and Vietnam. The company aims to grow its production base through organic growth and strategic acquisitions, emphasizing operating efficiencies and increased production. Jadestone is committed to the energy transition, aiming for Net Zero Scope 1 & 2 GHG emissions by 2040.

Average Trading Volume: 886,716

Technical Sentiment Signal: Sell

Current Market Cap: £110.9M

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