Jadestone Energy Share Discussion Threads

[croasdalelfc] 17/9/2024 07:23

$18.2m less in decomm contributions compared to the original forecast $102m - that's a nice win

[kaos3] 17/9/2024 07:18

and it makes a record low gas price achieved in all my gas related investments worldwide

to think positive - there is a room for improvement and the future is brighter

[fardels bear] 17/9/2024 07:17

As far as you know? These are H1 results, with no Akatara, which came on stream after the reporting period ended. How can you be so definite in your condemnation of some gas prices I don't see in the RNS and yet get the basic reporting period hopelessly wrong?

[croasdalelfc] 17/9/2024 07:15

Ffs that is for the PM offshore assets - not the Akatara onshore assets which are contracted at $5.6/mcf

[kaos3] 17/9/2024 06:57

that is for atakara which came onstream after the reported period as far as i know

but exactly makes a point of my surprise

how is that even possible.....
there could be rational explanation - otherwise i am getting bad feeling about their operational abilities. montara, this gas price, glitches at atakara - and surprise - they have nothing to do with none of these problems

[puzzler2] 17/9/2024 06:46

Contracted gas price is $5.6/mscf.

[kaos3] 17/9/2024 06:38

low gas prices achieved

Realised gas price per thousand standard cubic feet

(US$/mscf)


1.64

i have thought they are having much better gas pricing in the east .... how come it is so low

[bubloo] 17/9/2024 06:29

last month it was the compressors, now it is the refrigeration unit, I wonder what next. At the end of it all probably fall of share price gain on todays news? shareholders suffering

[dunderheed] 17/9/2024 06:29

23447, agree, glad they've got rid of shuttle tanker ahead of schedule.

[lord gnome] 17/9/2024 06:24

Strange that there is no RNS showing with the interim results. I'm not the greatest judge but it all looks good to me considering what the company has been through. Outlook looks much better.

[nigelpm] 13/9/2024 19:28

Who said anything about aim?

[wooster4] 12/9/2024 21:32

i've been in the markets a long time. You could have bought most aim stocks 10 years ago, and you'll never make you're money back however patient you are. It's a matter of timing and judging sentiment.

[nigelpm] 12/9/2024 20:30

"a few years ago" is not long in investing.

[wooster4] 12/9/2024 20:23

you have to have the patience of a saint if you bought in a few years ago

[nigelpm] 12/9/2024 20:11

That's the beauty of investing - money moves from the impatient to the patient

[ashkv] 12/9/2024 09:39

Winnet I hear you - so much value elsewhere and I too am thinking of selling out here and moving to higher conviction plays.

Management is not forthright and repeatedly fails to deliver on their own timelines.. REPEATEDLY!!!

I am awaiting HY Results with bated breadth - hopefully no more gremlins to spring on suffering shareholders!!

[winnet] 12/9/2024 09:25

You'd laugh at me if I told you where I want to park the money, so i won't. But I am waiting for the results first before touching my position here.

[sea7] 12/9/2024 09:14

I guess you have to ask yourself winnet -if you take the money out, what will you do with that cash? Do you already have a decent amount of cash on the sidelines, if so, no point selling, if not, perhaps you have identified something better.

you pays your money!!!

[fardels bear] 11/9/2024 14:18

So are these willing sellers doing it joyful to get an extra penny or are there people selling on any rise just to keep the price down. Must be one or the other.

[sea7] 10/9/2024 14:36

$70 hedge doing its job now

[sea7] 09/9/2024 15:07

I would presume we will hear something on this soon...

from nopsema site..



Skua-11 ST1 Well Drilling Environment Plan

The Skua-11 ST1 well activities are scheduled to commence between Q4 of 2024 and Q2 2025 subject to MODU availability, Regulator acceptance and long lead equipment arrival. Operations are likely to last for a period of approximately 72 days in total, however timings are subject to weather and operational efficiency. Therefore, this EP validity period is from November 2024 to November 2025. Once accepted, Jadestone Energy will be permitted to undertake the activities at any time during this period.

[sea7] 04/9/2024 13:00

As oil retreats, worth remembering..

from last accounts..

50% of Group’s planned 2PD production

Commodity swap: swap component
Oct 2023 - Sep 2025

Weighted average price of US$70.57/bbl

at end of year, 4,531,720 barrels were outstanding on the cash flow hedge above.

The Group’s October 2023 to September 2025 commodity swap programme was designated as a cash flow hedge. Critical terms of the commodity swap (i.e., the notional amount, life and underlying oil price benchmark) and the corresponding Group’s hedged sales are highly similar. The Group performed a qualitative assessment of the effectiveness of the commodity swap contracts and concluded that the commodity swap programme is highly effective as the value of the commodity swap and the value of the corresponding hedged items will systematically change in opposite directions in response to movements in the underlying commodity prices.

[fardels bear] 04/9/2024 09:56

@PB. See above

[winnet] 04/9/2024 07:55

Shame we aren't doing business in India then!