Member Info for Roxi

A return to higher oil prices and for a far longer period, now the peace deal has come to Nought

What now for USA and Israel, ? they have very little leverage over Iran, this will be a green light for Israel to launch more strikes at Iran infrastructure, imo as Iran say no to any Nuclear deal being on the table, the only thong Israel can do is continue with the fight.

Meanwhile we shall all be paying high energy prices throughout 2026 and 2027.

Latest news from Goldman Sachs,

If the severely limited traffic at the Strait of Hormuz continues for longer than another month, this would lead to additional loss of upstream production in the Middle East. In this case, Brent Crude prices could average $120 per barrel in the third quarter and $115 in the final quarter of the year, according to Goldman Sachs.

Interesting weekend ahead, will there be too many red lines that need crossing , whilst hoping for a peace deal, i see a long hard road ahead, with high oil prices throughout the summer.

hoping we get good flow rates from the Pen Mal drilling, during this high oil price environment.

Ceasefire barely holding up, Gulf states have been under attack today Bahrain UAE, and Kuwait have all been attacked today,

Brent back at $95, Trump wants all the enriched uranium as part of ceasefire deal, Iran wont be giving that up,

Brent be back over $100 soon , imo

Oil prices Plunge to $95 , i think we can still be happy with those prices for a few weeks, be interesting to see how many ships are willing to pass through the straights, and lets not forget they now have to pay a $2 Million dollar safe passage fee,

this will add into the overall costs of exporting oil out of the region,

still many obstacles to overcome, in the next few days and weeks

JSE should now be concentrating on the build out of the Vietnames gas production plant.

wonder how long it will take for the forecourt prices to tumble ?

Ceasfire, if the straights of Hormuz opens tomorrow,

still see oil prices over $100 for several weeks if not months

BUYS , rolling in this morning, new ISA money arriving shortly

soon be in the 30p range with oil prices expected to go even higher

Up over $122 AUD will soon be double this years low,

IMO, Brent will remain above $100 throughout April and May we could see petrol rationing in UK if no peace deal made during April. soon be over £2 per litre for diesel

Australia having petrol supply problems

Should be a very interesting day tomorrow, Brent oil price will probably start around $110 but will sky rocket if he takes out Iran's Infrastructure after the 8pm deadline, Israel have already taken another hit on the huge gas plant which has sent gas prices soaring

we could be $150-$200 brent over the next few weeks, imo

Local garage now diesel £1.99

JSE work going on.

The Jadestone team, led by CEO Mitch Little, Malaysia Country Manager Fauzi Abbas and Group Subsurface Manager Shahbaz Sikandar, attended the OTC Asia 2026 conference in Kuala Lumpur this week. It was great to reconnect with key regional stakeholders, as well as progress our growth ambitions in the region. Our Malaysia operations team also had an excellent visit to the Naga-8 rig this week, which is being readied at our KSB supply base ahead of the PM323 drilling campaign, with the rig expected to mobilize to the field later this month.

Looks like were as busy as ever.

Brent futures are all up significantly over the next 6 months $90 plus oil prices seems to be the norm,

be nice if JSE can lock in some of those prices with future hedging prices over the next 12 months , though some Analysts believe the oil price will go even higher over the next 2-3 weeks as the world realizes the war isnt going to end anytime soon.

given the choice is it wise to lock in prices now or wait another week or two?

who would have thought 6 months ago JSE would be trading under 30p while Brent is near $110 oil prices.

Unbelievably cheap as are a few other oil stocks, imo the stock market is closed for the next 4 days , an ideal opportunity for Trump to strike out against Iran

Have a great Easter everyone JSE still working behind the headlines in Malaysia. as the drilling continues to drill for more oil output in an ever hungry Asian market .

Be nice if we can get just half way there first, i think everyone waiting to see what deal comes out of the Vietnam Gas asset,

We know its huge with 1.5 TCF of potential gas, which will secure JSE future into the next decade, it will all be about who the partner is and the size of the farm out, we can then put some number on it,

Im hoping Berneberg put out a better target above £1 levels when thats announced

Right now the high oil prices are making up for the lost production from Stag and CWLH

Hope you all have a great weekend Oil prices still well above $100 and Iran and Houthis are still striking out everywhere

£1.90 diesel prices in Mansfield

Set to rise on Monday, now the HOUTHIS are involved directly with the war, Blockade in the red sea next???

$120 should be reached next weekend , imo

Local Diesel prices in one area £1.86 litre of diesel , i think £2 litre will be here soon

The way the oil price is going, $111.00 currently the Bond interests payments will be covered for the next 2 -years from the extra revenue were going to receive over the next 2-months

JSE should be reporting stonking revenue receipts for the first half of 2026.

have a great weekend, Trump backtracking once more, now 10 days before he makes the next decision, Markets pricing in higher oil prices going forward.

💰💰💰💰💰💰!!!!!!

We now have the means to get the RBL off our backs, put the Bond money to good use, and get the Vietnam FID signed off with a reputable partner,

Very exciting times ahead, its all systems go,

Will the USA help to raise the oil price further this weekend, 👢 on the 🌍

Excellent Update and very pleased that we got this away very quickly, looks like it was in great demand, we should easily pay the interest and Bond payments as they come around, JSE is going to generate significant cash flow over the next 5 years, and hopefully start paying some dividends in 2030

meanwhile i shall build my position here over the next 3 years

Excellent find, detailed summary of the great assets the JSE are sitting on, particularly like the 1.5 T.C.F. Vietnam Gas Asset, which will dwarf all the other assets when up and running with potential upside to follow, That and AKATARA my main reason for being here.

I like this bit which shows how undervalued JSE actually is right now

561 mmboe of 2P reserves and 1222 mmboe of 2C resources – 2P NPV10 of US$5191 MM

• Vietnam gas field development plan approved in March 2026 allowing Jadestone to book 32 MMboe of 2P reserves

Add these together gives a 2P NPV10 of US$815 MM

and once Vietnam proved up likely to increase further , this will be a US$1billion Company come 2030,s imo

here for the long term and continuing to add into Sipp on a monthly basis

Great news for JSE going forward oil futures for the next 6 months all showing contract rates above $80

a much brighter outlook for cashflow

next news, Farm out partner- Bond of $200 Million ??

Brent crude currently $100

peace proposals on the table today? as more USA troops descend on Iran, make of that what you want ?

Great results once again from this cash machine,

looking forward to the increased dividend payment

EXTRA!! revenue for the Month of April should the $115 be the new norm going forward for next few months

personally think it will be much higher, this conflict wont be ending anytime soon and USA may walk away with their tails behind them and leave the rest of the world to sort the energy crisis out, strategic reserves are being drained of and will need replacing when the war ends???

UP!! 5% this morning now over $113.70 only going one way, and if trump carries out his threat this week , will defo climb much higher,

News of the share award was expected with the Vietnam deal signed off , we should here about the Bond deal very soon, investors wont be too hard to find in this energy investment

high oil prices guaranteed for the next 6 months , we wont be seeing $70 oil prices for a very long time, imo