views

Problems at the Jadestone Energy Montara field should be resolved fairly quickly and without too great a cost - BUY

There was finally some more positive news for Jadestone Energy (JSE) last week about the latest problems with the floating production storage and offloading vessel at its Montara oil field.

NEWSFLOW

Jadestone Energy (#JSE) – Montara defect update, “currently does not expect production at Montara to be shut in for more than 60 days”

views

The latest issues at Montara were a nasty surprise for Jadestone shareholders, but I will continue to hold my shares until more details are known

Just as it looked like Jadestone Energy (JSE) had everything back on track after the previous issues at it Montara oil field, investors, including myself, got a nasty shock at the beginning of last week when the company encountered another problem which caused production to be halted.

views

The equity raise at Jadestone was a nasty surprise, but my longer term view is unchanged and I've bought more shares

The recent equity fundraise at Jadestone Energy (JSE) came as an unexpected and nasty surprise for shareholders, including myself, as I’d expected that its cash reserves and access to debt facilities would be sufficient to cover the Capex for its ongoing oil and gas field developments.

views

Jadestone continues to grow and barring an oil price crash will do well longer term - buy

Jadestone Energy (JSE) is a company that I’ve been keen on for a few years now, due to its track record of making good acquisitions and having built the company into a decent sized oil and gas producer.

views

Jadestone Energy – Montara operations and corporate update, bank gains?

Jadestone Energy (JSE) has announced “H1 2022 production of 15,008 boe/d… cash balance: US$161.1 million”, with the latter comparing to $117.9 million at the end of 2021 but also that it now “has taken the decision to temporarily shut-in production from Montara”.

NEWSFLOW

Jadestone Energy (#JSE) – Montara temporarily shut-in production for tank works and H1 update

views

Jadestone Energy acquires a new producing asset and the deal looks good - buy

Quite a lot has happened since I covered Jadestone Energy (JSE) as a buy just over a month ago, and recent news has further strengthened my positive outlook on the company.

views

Jadestone Energy – Montara production restarted ahead of expectation and further share price upside to come?

On recent 81p offer price recommendation, we noted we saw upside potential for shares in Jadestone Energy (JSE) on Montara fears reducing and operations being restored over the next few weeks. Now a “Resumption of Production Operations at Montara” announcement.

NEWSFLOW

Jadestone Energy (#JSE) – resumption of production at Montara, a permanent tank repair “being advanced”