Jadestone Energy PLC. Stock Analysis JSE.L

Jadestone Energy Plc is an independent oil and gas holding company, which engages in the Asia Pacific region. The company employs 422 full-time employees The company went IPO on 2018-08-28. The company has a portfolio of production and development assets in Australia, Indonesia, Malaysia, and Vietnam. The company owns 100% operating interests in the producing Montara project and the Stag oilfield, offshore Western Australia. Montara Project is located in production licences AC/L7 and AC/L8 in the Timor Sea, over 630 kilometers offshore Western Australia. The company also owns over a 33.33 % working interest in the Cossack, Wanaea, Lambert, and Hermes (CWLH) oil fields development, offshore Western Australia. The company owns a 60% operated working interest in the PM323 license, and a 70% operated working interest in the PM329 licenses, all located offshore Peninsular Malaysia. The company holds an operating 90% interest in the Lemang PSC, onshore Sumatra, Indonesia. The company also holds a 100% operated working interest in Block 46/07 PSC (Nam Du) and Block 51 PSC (U Minh and Tho Chu).