Asset ManagementThe sale of Sinphuhorm for $39.4 million in cash is considered a smart move to streamline the business and strengthen the balance sheet.
Operational PerformanceJadestone's operations have shown strong performance, with year-to-date production of 20.8 kboepd at the upper end of guidance and slightly above the analyst's estimate.
Project DevelopmentA successful outcome at the Skua-11 well could boost confidence in achieving, or even exceeding, production guidance.