Jadestone Energy Share Discussion Threads

[fardels bear] 03/9/2024 11:07

Oh, I'm just your bête noir. Everybody else is quite safe.

[yasx] 03/9/2024 10:53

AJM,

Good post - the uncouth bear can be safely ignored.

The crumbling FPSO, decomm liabilities and workers supported by ghastly unions demanding increasing rights are all concerns that need to be factored into any assessment.

[1ajm] 03/9/2024 10:41

The usual useless poster directed input from Feral bear. It's nothing to do with you or me!

I'm sure your investor angel will swoop in soon and pay 100p+.

[1ajm] 03/9/2024 09:50

Well, we will be finding out shortly in black and white the effects of declining production on assets that have extremely high fixed costs.

JSE love to remind shareholders the move away from Montara and stag for reliance on production, which in itself is a good thing but It's important to remember that although the production has become a smaller % of overall production for JSE the financial strain has not. Keep that in mind, that was the shock at the beginning of the year that ruined my 60p target for beginning H2 which was mocked by several for being 'troll' low.

It's not all doom and gloom but some columns in that report will be. Have to look ahead to Akatara and CWLH decom fund being done with and potentially talk of a new campaign at PM, Hopefully no talk of knackered FPSOs' in Australia with monumental decom funds.

IMHO / DYOR / GLA this is NOT advice.

[kaos3] 03/9/2024 07:40

i did a little bit of assets weighting - to get a perspective which news are materially important and to what degree.

we get news on some assets that are materially important

but we also get silence on some assets that are more important and are not being performing - eg non news is more important and material that some news

unfortunately

but i might be wrong as i am just a gardener

[ashkv] 03/9/2024 07:14

Hope all goes well - long term and deeply underwater JSE investors could do with some positive surprises in the HY update!!

JSE results have become mood killers with the repeated negative surprises that Paul Blakeley has been festooning results announcements/RNS.

[trawl] 03/9/2024 07:03

The results are only 2 weeks away
We should get an update then

[royalalbert] 03/9/2024 06:46

Short and sweet announcement.

[molatovkid] 03/9/2024 06:21

Now the price has too! Great opportunity for new buyers !

[arlington chetwynd talbott] 03/9/2024 06:14

Getting there.

[the_gold_mine] 03/9/2024 06:14

Good news it seems, compressors finally commissioned at Akatara, ramp up to full export rates underway?

[sea7] 02/9/2024 11:24

jadestone have put out the tender to provide security services at akatara...



Pre qualification schedule between 28th august and 6th september
document prequal submission - 18th september

[ashkv] 02/9/2024 06:32

Akatara RNS out today?

Or has our super efficient operational whiz of a CEO pointed the figure elsewhere?

[sea7] 30/8/2024 16:04

Lets hope so -akatara handed over to jadestone fully operational

[nigelpm] 30/8/2024 15:15

RNS on Monday then.

[sea7] 29/8/2024 13:05

Exxon Joins OPEC in Warning of Looming Oil Supply Crisis



According to the supermajor, global oil production is facing a natural decline at a rate of some 15% annually over the next 25 years. For context, the IEA sees the rate of natural decline at 8% annually. Exxon points out, however, that the faster decline rate is a result of the shift towards shale and other unconventional oil production, where depletion happens faster than it does in conventional formations.


“To put it in concrete terms: With no new investment, global oil supplies would fall by more than 15 million barrels per day in the first year alone.” This is a scary prospect because “At that rate, by 2030, oil supplies would fall from 100 million barrels per day to less than 30 million – that’s 70 million barrels short of what’s needed to meet demand every day.”

AND

It seems, then, that Exxon might be on a more accurate track than the IEA, and the rest of the bearish forecasters fixated on China’s monthly crude imports and fuel exports. The supermajor might not be exaggerating the future that awaits the world if investment in oil and gas ceases. Fortunately for all of us, investment in oil and gas will not cease, despite the activist calls and threats by governments to force them to cease. The threats will remain just threats. Energy security always trumps ideology.

[ashkv] 29/8/2024 10:28

2 Days to go...

Another self goal? Or has Blakeley addressed his "expectation" managment and will he deliver?

JSE could use some game changing positive development - has been stuck in the doldrums...

"This activity is expected to complete this month, with any associated costs remaining the responsibility of the main contractor and equipment vendor."

[sea7] 27/8/2024 13:30

China National Petroleum Corporation (CNPC) and its listed company PetroChina are looking to buy oil and gas exploration and production assets and LNG opportunities globally in what could be a revival of deal-making for the Chinese state giant after two decades.

Back in early 2000's PetroChina bought Devon Energy’s business in Indonesia, as well as assets in Kazakhstan.

[kaos3] 27/8/2024 09:44

Montara is what i can not get too. I would appreciate if the company would kind of keep us in the loop, half educating, half informing us with a flow chart.

as it is beyond any logic for my self too.

i worked in a foundry, am familiar with different inspection methods and repair - and i can not understand what on earth they are doing ... after huge margin given for the off shore, strict regulations, insurance etc inspectors

what is going on indeed?

[sea7] 27/8/2024 09:35

Global money has flooded into Indonesia’s financial markets this month, signaling the country’s assets have quickly become a preferred investment destination as the US Federal Reserve’s easing cycle nears. As we all know - akatara is in indonesia

[sea7] 27/8/2024 09:27

july akatara progress video online...

Includes footage of the first condensate loading at the facility and first gas sales, which commenced on 31 July.



edit - for some reason the video isn't playing - i had to download it to my pc to watch it - sure JSE will get that sorted soon

[molatovkid] 26/8/2024 15:21

Until the UK has a viable alternative, fossil fuels it must be. Tax them yes but plough that into alternative power research and take advantage of the UK's tradition of innovationSpaffing it, on of all things, protecting mosques, is the wrong path.