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Share Price: 33.50

Bid: 0.00

Ask: 0.00

Change: 0.00 (0.00%)

Spread: 1.00 (2.985%)

Open: 0.00

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Prev. Close: 33.50

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IN BRIEF: Jadestone resumes trading as Woodside cancels sale of assets

Thu, 11th Apr 2024 16:00

Jadestone Energy PLC - oil and gas company focused on the Asia-Pacific region - Shares readmitted to trading on the AIM market of the London Stock Exchange at 10:30 GMT on Thursday. Jadestone shares were suspended in February, after the company announced its intention to acquire interests in certain offshore Australian oil and gas fields from Woodside Energy Group Ltd. If successful, the deal would be large enough to constitute a reverse takeover under AIM listing rules, resulting in the suspension.

Jadestone says that Woodside has now cancelled the sale of its participating interests in the Macedon and Greater Pyrenees projects, offshore Western Australia. As a result, the suspension was lifted.

Current stock price: 27.50 pence per share, up 17% in London on Thursday

12-month change: down from 7,035.00 pence per share in April 2023

By Hugh Cameron, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

More News

19 Jan 2023 12:22

Jadestone Energy buys gas field stakes in Thailand for USD32.5 million

(Alliance News) - Jadestone Energy PLC on Thursday announced it is buying stakes in gas fields onshore Thailand.

18 Jan 2023 13:51

Jadestone Energy shares up as Montara production to restart next month

(Alliance news) - Jadestone Energy PLC on Wednesday said it completed an independent review of its remediation plans and operational readiness for the Montara Venture floating production, storage and offloading unit.

18 Jan 2023 13:18

Jadestone jumps as it works on re-start at Montara

(Sharecast News) - Asia-Pacific-focussed independent oil and gas producer Jadestone Energy said in an update on Wednesday that DNV's independent review of its remediation plans and operational readiness for the Montara Venture FPSO had been completed and submitted to Australian authorities, as required by the General Direction issued in September.

18 Jan 2023 11:09

AIM WINNERS & LOSERS: Team17 to beat expectations; IOG "disappointed"

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

24 Nov 2022 14:34

DIRECTOR DEALINGS: Darktrace strategy chief banks GBP5.0 million

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

23 Nov 2022 13:09

Jadestone acquires remaining 10pc of Indonesia's Lemang

(Sharecast News) - Asia-Pacific oil and gas company Jadestone Energy announced the acquisition of the remaining 10% interest in the Lemang production sharing contract, onshore Indonesia, on Wednesday.

23 Nov 2022 10:26

Jadestone Energy takes full ownership of Lemang project in Indonesia

(Alliance News) - Jadestone Energy PLC on Wednesday said it has completed its acquisition of the remaining interest in the Lemang production sharing contract, located onshore Indonesia.

22 Nov 2022 15:16

IN BRIEF: Jadestone Energy director sells GBP180,000 in shares

Jadestone Energy PLC - oil and gas production in Australia, Malaysia, Indonesia and Vietnam - Non-Executive Director David Neuhauser sells 234,073 shares at GBP0.77, worth GBP179,736, on Thursday and Friday last week. Neuhauser now holds 32.1 million shares, a 7.1% stake, via Livermore Partners LLC.

17 Nov 2022 14:11

IN BRIEF: Jadestone Energy expects lower production 2022 amid repairs

Jadestone Energy PLC - oil and gas production company focused on the Asia-Pacific region - Expects oil production in 2022 to fall annually following ongoing repairs of defects at an oil cargo tank and at a ballast water tank.

17 Nov 2022 09:32

LONDON BROKER RATINGS: RBC cuts Rathbones to 'sector perform'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

1 Nov 2022 13:02

Jadestone completes Western Australia acquisition from BP

(Sharecast News) - Asia-Pacific oil and gas company Jadestone Energy announced the completion of the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes (CWLH) oil fields development, offshore Western Australia.

1 Nov 2022 11:31

IN BRIEF: Jadestone completes oil field acquisition offshore Australia

Jadestone Energy PLC - oil and gas production company focused on the Asia-Pacific region - Completes acquisition of a non-operated 17% working interest in the Cossack, Wanaea, Lambert, and Hermes oil fields development, offshore Western Australia. Acquisition from BP Developments Australia Pty Ltd. The headline cost of the acquisition is USD20 million.

27 Oct 2022 13:46

Jadestone blames lack of 'clarity', backs out of Maari purchase

(Sharecast News) - Asia-Pacific oil and gas producer Jadestone Energy has mutually agreed with OMV New Zealand to terminate the sale and purchase agreement to acquire an operated 69% interest in the Maari Project, offshore New Zealand, it announced on Thursday.

27 Oct 2022 11:19

Jadestone Energy terminates Maari acquisition due to lack of progress

(Alliance News) - Jadestone Energy PLC on Thursday said it has terminated its acquisition of the Maari project in New Zealand due to lack of guidance on the regulatory approvals required to complete the deal.

12 Oct 2022 09:52

LONDON BROKER RATINGS: Redburn likes Flutter; RBC cuts Smiths

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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IN BRIEF: Jadestone resumes trading as Woodside cancels sale of assets

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