Jadestone Energy Inc. Dividend-Related Mailing (7268Y)

TIDMJSE

RNS Number : 7268Y

Jadestone Energy Inc.

11 September 2020

Jadestone Energy

Dividend-Related Mailing

September 11, 2020-Singapore: Jadestone Energy Inc. (AIM:JSE) ("Jadestone", or the "Company"), an independent oil and gas production company focused on the Asia Pacific region, yesterday announced its maiden interim 2020 dividend of US 0.54 cents per share. Computershare Trust Company, the Company's transfer agent, is expected to mail certain documents to shareholders today, in respect of the Company's interim 2020 dividend.

On behalf of Jadestone, Computershare is contacting all registered shareholders and depositary interest holders by mail, requesting information relating to tax residency and rates of withholding tax to be applied to dividend payments. Computershare will also request payment preferences, in particular as to cheque or direct deposit, with respect to the dividend. Responses are required by October 16, 2020.

Downloadable versions of the relevant forms are also available on the Company's website at www.jadestone-energy.com/investor-relations/dividends/ .

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Enquiries

 
 Jadestone Energy Inc.                        [phone] (Singapore) 
 Paul Blakeley, President and CEO             [phone] (UK) 
 Dan Young, CFO                               [phone] (Canada) 
 Robin Martin, Investor Relations Manager     [e-mail] 
 
 Stifel Nicolaus Europe Limited (Nomad,       [phone] (UK) 
  Joint Broker) 
 Callum Stewart 
 Simon Mensley 
 Ashton Clanfield 
 
 BMO Capital Markets Limited (Joint Broker)   [phone] (UK) 
 Thomas Rider 
 Jeremy Low 
 Thomas Hughes 
 
 Camarco (Public Relations Advisor)           [phone] (UK) 
 Georgia Edmonds                              [e-mail] 
 Billy Clegg 
 James Crothers 
 

About Jadestone Energy Inc.

Jadestone Energy Inc. is an independent oil and gas company focused on the Asia Pacific region. It has a balanced, low risk, full cycle portfolio of development, production and exploration assets in Australia, Vietnam and the Philippines.

The Company has a 100% operated working interest in the Stag oilfield and the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company has a 100% operated working interest in two gas development blocks in Southwest Vietnam and is partnered with Total in the Philippines where it holds a 25% working interest in the SC56 exploration block.

In addition, the Company has executed a sale and purchase agreement to acquire an operated 69% interest in the Maari Project, shallow water offshore New Zealand, and anticipates completing the transaction in H2 2020, upon receipt of customary approvals. The Company has recently executed an agreement to acquire an operated 90% interest in the Lemang PSC, onshore Sumatra, Indonesia, and anticipates completing the transaction in Q1 2021, upon receipt of customary approvals. The block includes the Akatara gas field.

Led by an experienced management team with a track record of delivery, who were core to the successful growth of Talisman's business in Asia, the Company is pursuing an acquisition strategy focused on growth and creating value through identifying, acquiring, developing and operating assets in the Asia Pacific region.

Jadestone Energy Inc. is listed on the AIM market of the London Stock Exchange. The Company is headquartered in Singapore. For further information on Jadestone please visit www.jadestone-energy.com .

This announcement does not contain inside information.

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September 11, 2020 02:00 ET (06:00 GMT)