Divestment StrategyThe divestment of its 9.52% interest in Sinphuhorm for $39.4 million in cash is considered a smart move to streamline the business and strengthen the balance sheet.
Operational PerformanceJadestone has announced a positive update on operations, with strong year-to-date production and targeted cost reductions driving a substantial reduction in net debt.
Production And Asset ManagementA successful outcome at the Skua-11 well would give the company a lot of confidence around achieving, or even exceeding production guidance.