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