Jadestone Energy Share Discussion Threads

[nigelpm] 17/4/2025 10:54:48

Yup - as I noted last night unless we get another demand shock (covid/tariffs) these prices ($55-65) probably form the base for oil.

[mount teide] 17/4/2025 10:51:59

2025 US Shale Oil drilling costs - according to recent estimates by Rystad Energy, 'drilling and ‘all-in’ corporate costs, including overhead, dividend, and servicing debt, amounts to a cash flow WTI breakeven of $62.50 per barrel for new activity in 2025.'

'Executives at U.S. firms think they need WTI $65 per barrel, on average, to profitably drill a new well this year' - per the Dallas Fed Energy Survey.


US Oil Executives wrote anonymously in March 2025 in comments to the quarterly Dallas Fed Energy Survey for the first quarter.

“There cannot be "U.S. energy dominance" and $50 per barrel oil; those two statements are contradictory. At $50/bbl oil, we will see U.S. oil production start to decline immediately and likely significantly (1 million barrels/d plus within a couple quarters),”.

“The U.S. oil cost curve is in a different place than it was five years ago; WTI $70 per barrel is the new $50 per barrel,” the executives noted.

[oilinvestoral] 17/4/2025 08:50:22

It must be all those 10 shares sells manipulating the price ! It has nothing to do with selling our Ferrari and keeping the Fiat! If Exxon were stooopid enough to sell their Ferrari for a cheaper price than us , it still doesn't make it a good deal !

[forrest1987] 17/4/2025 08:46:20

Heavy losses being taken at 19p

Where the share price has never been so
Low

[oilinvestoral] 17/4/2025 08:35:29

Totally agree thought that growth in US shale is over! They haven't been able to exceed 13.5m (for any sustained period) and now look set to roll over with rigs falling 9 last week and set to continue to drop further this week

[kaos3] 17/4/2025 08:30:40

oil is geostrategic more than anything atm imho

- who gets what money to finance the military
- who can not produce at profit bellow certain price, or invest into the further exploration, replacement
- will oil be part of commodity basket supporting the new currency and by huge swings eg unreliability will not be used as planned
- who gets cheapest energy to produce and be competitive

list is endless and each of the above imho is more important in the short term than balancing supply demand

basically i do not know and most also. most do not even think about many important aspects that elites think of when pushing one way or another.

but what i do know is - buy a good oiler with low production cost and big undeveloped reserves.

in one or the other economic block. if production is spread into different blocks - problems might arise

[oilinvestoral] 17/4/2025 08:09:48

Croasdale


It is not just about Trump. He is only part of the picture. OPEC are adamant on more market share. They started to increase supply over the past few months and will continue to do so IMHO. Next meeting in 3 weeks will be very telling . The bigger part of the puzzle is the demand picture. We started the year with most analysts predicting a 1.5 million / day additional demand in 2025. That prediction is now averaging 350,000/ day and that is before we fully feel the impact of the tariffs or before any recessions . The futures have a 5 handle in front of it . That's for Brent. I personally think a drop isn't a bad thing. Sometimes you have to take unpalatable medicine in order to get better.

[croasdalelfc] 17/4/2025 07:22:47

There is no way it drop to $50/b - unless Trump ltriggers a global recession- free market economics anyone? Trump is a one man global wrecking ballUS shale is reducing capex and completions - frac spread crews are at historical lows - rigs are reducing - and reducing drilling. EIA is overcalling production- there is no growth in US shale - it's either plateau or decline . HFI research reckon US production is ~12.7mbopd and it's getting gassier. Drill, baby, drill is nothing more than Trump guff and wind

[nigelpm] 16/4/2025 21:27:10

As much as trump might like to think he controls the oil market the bottom line is he doesn't. This isn't another COVID shock. Oil is too cheap and I'd be surprised if it gets much cheaper.

[washingmachine] 16/4/2025 21:21:54

I'm actually pretty shocked the Oil men on Advfn didn't see this coming I'm talking about Oil price.It was odvious in September 2024 Trump was winning One of his main manifesto goals Was lowering the oil price to stimulate growth..... drill baby drill Oil oil oil. What's happening ??? His presumed target is about 50 dollars PB

[sea7] 16/4/2025 21:10:34

On Wednesday 16 April, Jadestone Energy was honoured to host the Indonesian Deputy Minister of Energy and Mineral Resources, Yuliot Tanjung, Head of SKK Migas, Djoko Siswanto, and Governor of Jambi Province, Al Haris, for the official inauguration of the Akatara Gas Processing Facility (AGPF).

The AGPF processes raw gas from the Akatara field into dry gas, condensate and LPGs, with all production consumed in Indonesia, particularly LPG, which is a crucial household fuel.

Akatara delivered first contractual gas sales in July 2024, with the commissioning phase of the project completing in December 2024, a major milestone for Jadestone and local and national stakeholders. The project has delivered impressive uptime and performance so far in 2025.

The inauguration ceremony recognised the significant investment and commitment from the Jadestone team, as well as the hard work from all our partners, in constructing and commissioning the AGPF.

We look forward to building on the successful Akatara project, growing our investment and presence in Indonesia and contributing to Indonesia’s energy security and economic development.

[oilinvestoral] 16/4/2025 19:16:44

The macro has completely shifted. I'm seeing it in my day job! OPEC strategy has changed and they are expected to continue to increase supply in May. The point being made isn't about today's price it's about the forward curve heading into contango!

[forrest1987] 16/4/2025 19:08:35

Oil is rebounding today though

Sense 70 plus may see this back in mid 20s

Nothing has changed operationally, just macro

[oilinvestoral] 16/4/2025 19:00:22

The forward curve starts with a 5! Companies with low breakevens will come out strongest.I suspect Jadestone might be a cheap bolt-on acquisition for hibiscus or VLU or one of the other mid- large companies with a strong balance sheet.

[forrest1987] 16/4/2025 18:54:17

Is oil at 70 a Low price environment ?

[oilinvestoral] 16/4/2025 18:52:57

This guy gets it ! https://x.com/oilgastourist/status/1912407672072126590?s=46&t=ySHTOHElP3t1B4beGtacxw.


Lots of experienced oil guys are asking the right questions. Meanwhile the accountants are still pugnating! Choose your horse wisely ! Imagine being an accountant who is not able to calculate shareholders equity lolz. Possibly why some people spend Tuesdays and Thursdays at job centers.

[nigelpm] 16/4/2025 18:45:56

I’m almost certain that the hasty sale of one of our Crown Jewels was as a result of the ongoing discussions with BANKS (unofficially the bailiffs) who demanded we shore up the balance sheet ASAP!

"Almost certain" - based on what?

[oilinvestoral] 16/4/2025 18:36:33

"But the decommissioning can be moved outwards"-------------Only when the assets are highly profitable and the oil price is high . The opposite happens in a low oil price environment. Anyone remember what happened to the Rockrose assets when the oil price dropped ?

[oilinvestoral] 16/4/2025 18:34:56

Forest judging by your response I'm going to assume it was "C" and the pugnacious one was complaining about me referring to the latest Jadestone balance sheet as being distressed. That's simply a cold hard fact! stockopedia agrees! For those who are able to read, See page 33 on link below. I'm almost certain that the hasty sale of one of our Crown Jewels was as a result of the ongoing discussions with BANKS (unofficially the bailiffs) who demanded we shore up the balance sheet ASAP! As the rust buckets in Australia (stag & Montara) are unsellable we have to sell one of our best assets! The market reaction tells you all you need to know (may be it was those dastardly 10 share sells lol)! https://otp.tools.investis.com/Utilities/PDFDownload.aspx?Newsid=1864846

[nigelpm] 16/4/2025 18:27:34

There's a good reason for that - they aren't due imminently.

[forrest1987] 16/4/2025 18:24:23

No he is right

You aren’t including the decommission proviisions that are in the accounts

On that basis it is distressed

But the decommissioning can be moved outwards

[nigelpm] 16/4/2025 18:22:10

None of those - just correcting you.

[nigelpm] 16/4/2025 18:14:08

The last balance sheet was showing $131m of cash albeit that had fallen to $95m at year end.

You can call JSE lots of things but distressed is not a good one.

Particularly with $40m on its way and liftings likely after year end.

[oilinvestoral] 16/4/2025 17:56:03

As for the latest balance sheet being distressed that's simply a mathematical fact! Whether I like it or not! Total liabilities have rocketed to an all time high and are now an eye watering 1.15 billion ! Working capital is approximately 38 million and net equity is a measly 9.56 million ! This is NOT a healthy balance sheet! FACT! Only a pugnacious accountant or someone deluded would state otherwise! The stockopedia risk rating shows it as "very distressed"! These are simply facts ! Being a shareholder doesn't make me blind! I still have eyes! https://x.com/oilinvestoral/status/1912549638785114485?s=46&t=ySHTOHElP3t1B4beGtacxw