Dateline 2021-07-16, ShareCast:
Asia-Pacific-focused oil and gas production company Jadestone Energy announced on Friday the satisfaction of all conditions required to complete its proposed acquisition of the peninsular Malaysia assets of SapuraOMV Upstream, including the approval of Malaysia’s national oil company Petronas.
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Posted by Wata
Dateline 2021-04-30, Offshore:
Jadestone Energy has agreed to acquire various field interests offshore Peninsular Malaysia from SapuraOMV Upstream for $9 million.
The transaction would give Jadestone a 70% operated interest in the PM329 PSC, containing the East Piatu field, and a 60% operated stake in the PM323 PSC, containing the East Belumut, West Belumut, and Chermingat fields.
Combined net production is 6,000 boe/d, and the associated reserves (net to Jadestone) are 12.5 MMboe, including estimates based on further development activities.
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Leave a Comment » | oil and gas | Tagged: Chermingat, East Belumut, East Piatu, Jadestone, SOMV, West Belumut | Permalink
Posted by Wata
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Wata - Malaysian Oil and Gas Engineer 