Jadestone Energy Inc ( (GB:JSE) ) has provided an update.
Jadestone Energy plc announced that its Executive Chairman, Dr. Adel Chaouch, has acquired 309,000 shares in the company, representing 0.06% of its issued share capital. This transaction reflects confidence in the company’s strategic direction and may positively influence stakeholder perceptions, reinforcing Jadestone’s commitment to its growth and diversification strategy in the Asia-Pacific region.
More about Jadestone Energy Inc
Jadestone Energy plc is an independent upstream production and development company focused on the Asia-Pacific region. The company maintains a diversified portfolio of production and development assets in stable jurisdictions such as Australia, Malaysia, Indonesia, Thailand, and Vietnam. Jadestone is committed to growing its production base through both organic developments and strategic acquisitions, with a focus on managing maturing oil assets and enhancing returns through operational efficiencies. The company is also aligned with the energy transition, aiming for Net Zero on Scope 1 & 2 GHG emissions by 2040.
YTD Price Performance: 2.08%
Average Trading Volume: 1,151,114
Technical Sentiment Signal: Strong Buy
Current Market Cap: £135.3M
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