Jadestone Energy Share Price (JSE)

Managed to have just a little Top Up, 1500 shares at a very good price, just slightly above my average,

News can come anytime!!!!! Sp gone way below the 35p monthly high, 15% will take us back there, however Gas news from AKATARA should take it into the 40,s imo DYOR

This is the month, the ducks are in a row..

Sea7, Always pulling up great info, thanks, its amazing how much planning goes into these weel upgrades, be great to see the Oil production increase from STAG, we get exceptionally good prices for that product,

Though the new well wont kick in until 2025, its still a very important oil field going forward,

Lots going off behind the scenes at JSE

Drilling development plan for skua 11 submitted to nopsema 9th May 24

htTps://info.nopsema.gov.au/environment_plans/673/show_public

attached EP Plan states..

Skua-11 ST1 Well Drilling Environment Plan

htTps://docs.nopsema.gov.au/A1085043

The existing Skua-11 subsea production well consists of primary and secondary barriers to maintain the integrity of the well. Issues with the production casing, a secondary barrier were identified in 2020 and the well was worked over in 2021. A casing patch was installed at approximately 145 m below the seabed to restore the integrity of the casing. In late 2023 a loss of pressure in the gas lift system indicated a further failure in the production casing. While the integrity of the primary barrier remains intact, activities are required to restore the integrity of the secondary barrier.

Activities will be undertaken to restore the integrity of the secondary barrier for the Skua-11 well, and to allow additional access to the Skua reservoir, via a side track of the existing Skua-11 well (termed Skua11 ST1). An overview of the activities required under this plan include the following;

 Re-entry of the existing Skua-11 well

 Isolation of the reservoir at Skua-11 with two barriers

 Retrieval of the upper completion tubing

 Permanently abandon the reservoir

 Recover the subsea Xmas Tree

 Cut and retrieve 9 5/8” casing (production casing)

 Cut and retrieve 13 3/8” casing (surface casing)

 Side track below the existing 30” conductor

 Drill surface hole section to 13 3/8” casing point and run surface casing to approximately 1,700 m MD

 Install high pressure riser and BOP

 Drill intermediate hole section to 9 5/8” casing point and run production casing to approximately 2,900 m MD

 Drill 8 ½” to well total depth (TD) at approximately 4,900 m MD

 Install sand screens

 Displace well to completion brine

 Suspend well recover high pressure riser and BOP

 Install the subsea Xmas Tree

 Run upper completion

The Skua-11 ST1 well activities are scheduled to commence between Q4 of 2024 and Q2 2025 subject to MODU availability, Regulator acceptance and long lead equipment arrival. Operations are likely to last for a period of approximately 72 days in total, however timings are subject to weather and operational efficiency. Therefore, this EP validity period is from November 2024 to November 2025. Once accepted, Jadestone Energy will be permitted to undertake the activities at any time during this period.

Hi Bistable, no need, there's always the optimist amongst us like yourself like yourself who will do the honors

yes great price $82 , then we have our premiums added on, rock solid for JSE these past 6 month, KERCHING!!!!

Had a great game of golf, , shower and out for a few beers and nice meal later,

Hope you all have a great weekend, next time i post it will be in June 😁😁