Jadestone Energy PLC
0.51
USD
+0.05
(+9.67%)
Jadestone Energy PLC
OTC:JDSEF
(OTC Markets)
Recent
price
0.51
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Semi-annual Revenue
USD
•
in mil. unless spec.Semi-annual Earnings Per Share
USD
•
in mil. unless spec.Semi-annual Dividends Per Share
USD
•
in mil. unless spec.- Similar Companies
- Business
- Jadestone Energy plc is an independent upstream oil and gas development and production company focused on the Asia-Pacific region. The company’s core operations include the production and development of oil and gas assets across Australia, Indonesia, Malaysia, and Vietnam. Its main producing interests are the Montara project and the Stag oilfield offshore Western Australia, where it holds 100% operating interests. Additionally, Jadestone manages exploration, appraisal, and pre-development activities in Southeast Asia, including gas development blocks in Southwest Vietnam and the Lemang PSC onshore Sumatra, Indonesia, which includes the Akatara gas field. The company also holds interests in other producing and development assets in Southeast Asia such as the Puteri Cluster offshore Malaysia and has executed agreements to acquire the Maari project offshore New Zealand. Jadestone produces a portfolio of oil and gas products from 6 producing fields with 2P reserves and 2C resources totaling approximately 194 million barrels of oil equivalent (mmboe) as of end-2024, targeting production guidance between 19,500 and 21,500 barrels of oil equivalent per day in 2025. Its product portfolio includes crude oil and associated natural gas production, gas processing, and enhanced oil recovery from mature fields. Founded in 2021 and headquartered in Singapore with significant operations in the Asia-Pacific region, Jadestone has approximately 422 employees. The company's strategy focuses on maximising the recovery and life of existing producing oil and gas fields and developing discovered gas resources, deliberately avoiding new exploration and greenfield developments. This approach aligns with the company’s commitment to sustainability and its pledge to achieve Net Zero Scope 1 and 2 greenhouse gas emissions from its operated assets by 2040, consistent with the International Energy Agency's Net Zero by 2050 scenario. Recent major developments in 2024-2025 include the successful bringing onstream of the Akatara gas field in Indonesia and doubling its interest in the CWLH project, both contributing to record production levels and reduced operating costs. Jadestone is advancing a phased debottlenecking project to increase plant gas processing capacity at the AGPF facility, with initial capacity upgrades anticipated by mid-2025 and further expansions in 2026. Negotiations are well advanced for a fully termed Gas Sales Purchase Agreement (GSPA) and an updated field development plan for the NDUM fields in Vietnam, aiming to support a future investment decision. The company continues to pursue strategic acquisitions compatible with its financial framework and operational strengths to grow and diversify production capacity, focusing on maturing oil assets to enhance returns through improved operational efficiencies, cost reductions, and increased production. Jadestone operates as a responsible energy producer, balancing its commercial goals with environmental stewardship and positioning itself as a resilient player in the upstream oil and gas sector amid the energy transition. The company’s portfolio, geographic focus, and sustainability commitments make it a notable independent upstream operator within the Asia-Pacific region. This description reflects the company's comprehensive product and service offerings, geographic footprint, recent strategic changes including acquisitions, operational upgrades, and sustainability initiatives as of late 2025.