Jadestone Energy – Montara operations and corporate update, bank gains?
By HotStockRockets | Wednesday 17 August 2022
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
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”.
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