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Share Name Share Symbol Market Type Share ISIN Share Description
Jadestone Energy Plc LSE:JSE London Ordinary Share GB00BLR71299 ORD GBP0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -1.08% 91.50 91.00 92.00 92.50 91.50 92.50 404,225 11:30:38
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 159.4 -41.9 -9.5 - 424

Jadestone Energy Share Discussion Threads

Showing 6101 to 6125 of 6450 messages
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DateSubjectAuthorDiscuss
01/9/2021
09:16
As I see it:From OMV side : they aren't happy with the proposed legislation- just like their peers in the region. In particular it's the trailing liability for decomm.JSE are 'comfortable with it' and see it as similar to other jurisdictions- from an email conversation I had with Paul Blakeley. The regulator will not pass over operatorship until the govt ministry gives the nod. The govt ministry won't give the nod until legislation in place.The question now is whether industry pressure will delay legislative timetable - and how long that might take. I reckon it's a minimum of 6 months .JSE unlikely to pull the plug as they are getting assets and a fat cheque.
croasdalelfc
31/8/2021
22:06
Croas, I post your link from the save board here as well, as it might be affecting jse as well who is looking exactly for the mature assets petronas is planning to divest mainly in the asian region.hTTps://www.energyvoice.com/oilandgas/asia/346427/petronas-mulls-oil-divestments-as-government-seeks-bigger-payouts/
thommie
31/8/2021
19:23
dudie, you are right, that this could happen. but as omv tends to divest all of their mature oil fields and commited to an extension of the long stop date many times in the past I doubt they will do that. and it will finally mean that if the deal falls through they wont find any other buyer in the future for it and have to keep it till decom... if they decide to do so I dont really see much headroom for compensations to Jse as I guess Jse is interested in many more assets of omv (like their last malaysia aquisition from omv) and wont play the hard game. but ofc maybe omv plays fair and gives jse another good mature asset for an even better price compensating for loosing the cash generating maari which currently accounts for 3500 bopd production plus a check of currently around 60m $ plus x ...another malaysia one which received a 10mio cheque plus highly low opex cash generating assets with upside potential where 2/3 of decom costs are already paid for through a fund wouldnt feel wrong to me :)anyone knows what other mature assets omv is sitting on?
thommie
31/8/2021
15:38
"both Jadestone and OMV New Zealand Limited continue to work towards completion of the transaction, including an extension to the current long stop date of 31 August 2021."I might be wrong, but I read that as meaning they are still working towards an extension to the current long stop
leopoldalcox
31/8/2021
15:37
RNS Number : 2369KJadestone Energy PLC31 August 2021Update on Maari Acquisition31 August 2021 - Singapore: Jadestone Energy plc ("Jadestone" or the "Company"), an independent oil and gas production company focused on the Asia Pacific region, provides an update on the planned completion of the acquisition of the 69% operated interest in the Maari asset, shallow water offshore New Zealand.Further to the Company's announcement on 30 June 2021, both Jadestone and OMV New Zealand Limited continue to work towards completion of the transaction, including an extension to the current long stop date of 31 August 2021. Further updates will be made when appropriate.
leopoldalcox
31/8/2021
15:19
L2: opened 1 v 2 / 75p v 76p, then moved to 2 v 2 / 76p v 77p, then to 3 v 3 / 76p v 78p, now: 1 v 3 / 77p v 78p (rest between 79p and 82p)
mount teide
31/8/2021
15:14
Perhaps OMV will decide they can't continue with the deal with such uncertainty hanging over it and with no transparency as to their ongoing obligations with regard to decom. Perhaps they would prefer to operate it (in their interest) but presumably they would have to compensate JSE if they pulled out?
thedudie
31/8/2021
15:13
I took that announcement to read that tomorrow's deadline was off
fardels bear
31/8/2021
15:10
I don't think we have had an extension yet, KS. They continue to work on an extension from what I read. Deadline tomorrow!
leopoldalcox
31/8/2021
14:49
NZ had to recently start generating more electricity from coal as gas supplies from offshore declining
croasdalelfc
31/8/2021
14:21
complicated, but usual things between the right thing for the ppl and the government and lobby work to drive it more into favour of the industry. if it takes another year to approve the deal Jse will be able to just pass the 100m or more revenue gained since 1.1.2019 into a decomissioning pot and still get the asset for free. knowing that all decomissioning costs are already paid for. ok for me :)
thommie
31/8/2021
13:12
hTTps://www.parliament.nz/resource/en-NZ/53SCED_EVI_111853_ED1373/b627ef4b84a2093e0cc190c4eb86a5b431f88d4c
croasdalelfc
31/8/2021
13:11
https://t.co/ysq8wTDgUj?amp=1
croasdalelfc
31/8/2021
13:11
There are many submissions to the Crown Minerals Act from all oil and gas companies left in the Nz basin .Lots calling the new legislation too onerous and exceeding those in other more established jurisdictions. Some are also calling for delays - for more industry consultation. 3 out of 4 offshore fields are operated by OMV - both gas and oil - they want to invest in the gas and divest the oil. The legislation affects them the most.In my opinion - the length of time all of this will take could easily lead to JSE walking away from the deal. OMV will want to stick it out for obvious reasons
croasdalelfc
31/8/2021
12:38
Doh I missed it!
croasdalelfc
31/8/2021
12:31
We had an rns at 12.04! Another extension - no date given this time..
king suarez
31/8/2021
12:29
Maybe tomorrow as the extension finishes today
croasdalelfc
31/8/2021
09:41
Expected/ing an RNS about Maari today?
king suarez
30/8/2021
21:00
But the MM on the bid doesn't seem to be using the same hymn sheet, do he.
fardels bear
30/8/2021
15:51
An exceptionally buoyant global shipping market (Baltic Dry Index is up 940% since last April), is generating very strong demand for the various grades of marine fuel oil and, the Australian low sulphur heavy sweet crudes that directly comply with the IMO 2020 Shipping Fuel Oil Rules without the need to go through the refinery process. At today's $73/bbl Brent price, Jadestone's Stag production should still be realising circa $87/bbl inclusive of the most recent IMO 2020 price premium to Brent. Marine Fuel Oil and Major Oil Benchmark pricing - Change compared to pricing on 9th December 2020 in brackets - (all prices rounded to nearest whole number) $103 / (+27) - Marine Gas Oil - APAC Average $87 / (+23) - VLSFO - APAC Average $87 / (+27) - Jadestone / STAG - $13.88/bbl latest premium to Brent $76 / (+26) - Jadestone / Montara - est $2.5/bbl premium to Brent $76 / (+26) - Jadestone / Peninsula Malaysia - est $2.5/bbl premium to Brent $75 / (+26) - Maari - est $1.5/bbl premium to Brent $71 / (+25) - High Sulphur Fuel Oil - APAC Average $73 / (+24) - Brent $69 / (+22) - WTI At today's Brent price, 2021 guidance OPEX and latest IMO 2020 premiums to Brent, Jadestone should be realising circa $52/bbl operating cash flow for its Stag and unhedged Montara production, and circa $58/bbl for its Peninsula Malaysian production. With a current total production of circa 16,500 bopd, Jadestone should presently be realising circa $331m/yr of gross operating cash flow per year, with the potential to increase to circa $390m /year on completion of the Montara H6 Infill well and Skua well work-overs, and to $455m on completion of the Maari acquisition. AIMHO/DYOR
mount teide
27/8/2021
10:02
Maari extension RNS is due Tuesday
croasdalelfc
26/8/2021
07:53
The Q&A is worth a listen.It's probable they will have to set aside funds for decomm.But 3P case is extension of field life to beyond 2031. 3P adds at least 10m barrels . Also 3C for Maari is shown as 13m barrels for JSE share in Annual report.In M&A they are seeing the most opportunities in Malaysia, Thailand and Indonesia and Horizon would like to structure deals like JSE with backdated acquisition and no or very little cash outlay!
croasdalelfc
26/8/2021
07:47
Plans for Maari for the next 6-12 months.MR6A - desander to be installed on WHP.MR8a - replace ESP via workover .MR2A to be converted to water injector.Current gross production around 4500bopd hTTps://services.choruscall.com/mediaframe/webcast.html?webcastid=ZkrbnUUp&securityString=NU7Y8dZs4lcdlPm0ebKVexk1Horizon Oil webcast and results
croasdalelfc
24/8/2021
15:43
Brent back above $70
mount teide
20/8/2021
11:24
Demand for Nat gas has bounced back very strongly since last year's Covid driven low - as briefly mentioned in a recent operational update, the timing is perfect for some material news with respect to developing the high margin Vietnam and Indonesian Nat Gas assets. LNG cargoes for delivery into the SE Asian region in October are about $17.30 per mmBtu, according to S&P Global Platts "Global gas prices have surged higher this summer on the combination of insatiable Asian demand and untenably low European storage inventories," analysts said. With spot LNG rates in Asia Pacific up circa 8 fold since last April, the IEA says that close to half of the projected increase in global Nat Gas demand through to 2024 will come from this region. 2021 Midyear International Outlook: Pipeline Construction & Market Trends - Pipeline and Gas Journal Asia Pacific 'Almost half of IEA’s projected worldwide increase in natural gas demand through 2024 comes from the Asia Pacific region, where China’s appetite for natural gas and LNG imports continues to lead the region’s fast-growing development of natural gas infrastructure. China – the region’s largest energy consumer and the first in and out of the pandemic shutdown is making an outsized contribution in rising global LNG demand forecasts. “China has been the biggest outlier to the upside,” Morgan Stanley wrote of its updated projections, with LNG imports up 27% during the first five months of the year, compared with the same period of 2020. Among recent projects, China Oil & Gas Piping Network Corp. (PipeChina) has begun building a $1.31 billion (8.5 billion yuan), 257-mile (414-km) pipeline to transfer natural gas from a 2.2 million-tonnes-per-year LNG terminal in Tianjin to Xiong’an New Area, Hebei Province. The pipeline will include interconnections for Gazprom’s Power of Siberia pipeline, which began delivering natural gas to China in late 2019, as well as domestic pipelines delivering gas from the Xinjiang Autonomous Region, PipeChina said. The 1,865-mile (3,000-km) long Power of Siberia pipeline transports gas from the Chayandinskoye and Kovytka fields in eastern Siberia, to Heilongjiang, which borders Russia, and goes onto Jilin and Liaoning, China’s top grain hub. Flows via the Power of Siberia are expected to gradually rise to 38 Bcm/year in 2025, potentially making China Russia’s second-largest gas customer after Germany. Gazprom last year announced a feasibility study for a proposed Power of Siberia-2, which would deliver up to 50 Bcm/year of natural gas to China by way of Mongolia. Gazprom showed plans during an investor event to launch the pipeline in 2030 but said the timing of the project will depend on the pace of global and regional economic recovery. After partial start-up last year, China expanded its flow of natural gas this year to an estimated 2 Bcm/year through a newly laid 367-mile (591-km) pipeline in the central province of Hunan. This provincial section, which the Chongquing Oil and Gas Exchange said is designed for an ultimate capacity of 9 Bcm/year, is part of the massive, 6,693-mile (4,159-km) Xin-Yue-Zhe national pipeline project that connects gas production in the northwest region of Xinjiang to the southern manufacturing hub of Guangdong province. China also approved construction last month of a natural gas pipeline connecting the northern provinces of Shanxi and Shaanxi, with a total investment of $54.8 million (354 million yuan), according to the National Development and Reform Commission (NDRC). The 21.3-mile pipeline, which will be built by Quinjin Natural Gas Co., is designed for annual capacity of 3.3 Bcm. In India, a significant expansion of natural gas pipeline infrastructure is underway as it seeks to double the share of gas in its energy mix to 15% by 2030. Toward this goal, companies are investing $60 billion in a network to expand LNG import facilities in the west and build pipelines connecting them to every state before the current government’s term ends in mid-2024, according to India’s energy minister.  Among the major projects currently under construction by India’s biggest gas utility, Gail Ltd is building the 1,660-mile (2,660-km) Urja Ganga pipeline project to connect the eastern states of Bihar, West Bengal, Jharkhand and Odisha, with a capacity of 16 MMscf/d (452,034 MMcm/d) – an amount equal to roughly 10% of India’s total daily consumption. Gail hopes to bring the system online by the end of this year.'
mount teide
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