Divestment StrategyThe divestment of its 9.52% interest in Sinphuhorm for $39.4 million in cash is considered a smart move to streamline the business and strengthen the balance sheet.
Operational PerformanceGroup Production year to date has averaged 21,000 boepd, slightly ahead of expectations.
Regulatory ProgressJadestone has confirmed submission of the field development plan for Nam Du/U Minh offshore Vietnam to Petrovietnam, commencing the regulatory approval.