Jadestone Energy, Inc. (GB:JSE) has released an update.
Jadestone Energy plc, an independent oil and gas company operating in the Asia-Pacific, has successfully completed the redetermination of its reserve-based lending facility, securing a borrowing base of US$200 million for the period ending September 30, 2024. The new borrowing base accounts for recent acquisitions and is subject to regulatory approvals. More information will be released in the company’s full-year 2023 financial results on April 29.
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