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Jadestone Energy Achieves Record Production in 2024, Plans for Continued Growth
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Jadestone Energy Achieves Record Production in 2024, Plans for Continued Growth

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The latest announcement is out from Jadestone Energy Inc ( (GB:JSE) ).

Jadestone Energy plc reported record production levels at the end of 2024, with a 40% increase in monthly output compared to January 2024, driven by strong performance across its Asia-Pacific assets, particularly the Akatara project in Indonesia. The company achieved a 35% year-on-year production growth, maintaining excellent health, safety, and environmental standards, and plans to continue enhancing asset performance and mitigating natural declines in 2025.

More about Jadestone Energy Inc

Jadestone Energy plc is an independent upstream company focused on the Asia-Pacific region, with a diversified portfolio of production and development assets in stable jurisdictions such as Australia, Malaysia, Indonesia, Thailand, and Vietnam. The company’s strategy involves organic growth and acquisitions to expand its production base, while emphasizing responsible operations and alignment with global energy transition goals.

YTD Price Performance: 6.67%

Average Trading Volume: 876,357

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £138.5M

For a thorough assessment of JSE stock, go to TipRanks’ Stock Analysis page.

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