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Jadestone Energy Says Well Placed To Weather Slump In Oil Prices
Jadestone Energy Says Well Placed To Weather Slump In Oil Prices
Read moreTue, 27th Aug 2019 08:19
Jadestone Energy Says Well Placed To Weather Slump In Oil Prices
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Read more(Sharecast News) - Analysts at Berenberg upped their target price on upstream oil and gas firm Jadestone Energy on Tuesday following the group's acquisition of a 69% working interest in the Maari project in the Taranaki Basin, offshore New Zealand.
Read moreJadestone Energy Buys Majority Stake In Maari Offshore Project
Read moreJadestone Energy Buys Majority Stake In Maari Offshore Project
Read more(Sharecast News) - Asia-Pacific focussed oil and gas company Jadestone Energy has executed a sale-and-purchase agreement with OMV New Zealand - a subsidiary of OMV - to acquire an operated 69% interest in the Maari Project, shallow water offshore New Zealand, for a total headline cash consideration of $50m (£38.58m), to be funded from its cash resources.
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Read more(Sharecast News) - Analysts at Berenberg initiated coverage on Jadestone Energy at 'buy' on Thursday, stating that the company's efforts to turn around mature assets that had been neglected by their previous owners during the downturn would lead to the stock's re-rating if successful.
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