Jadestone Energy Inc (GB:JSE) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Jadestone Energy has successfully completed the EPCI contract performance test for its Akatara gas development in Indonesia, marking a significant milestone in its commissioning phase. This achievement is expected to boost Jadestone’s production levels and enhance cash flow generation, with the Akatara project becoming a key contributor to the company’s diversified portfolio. The project’s output includes sales gas, condensate, and LPG, which will support local energy needs and reduce dependency on imports.
For further insights into GB:JSE stock, check out TipRanks’ Stock Analysis page.
