Jadestone Energy Share Discussion Threads

[s34icknote] 20/11/2023 15:48

Some chunky buys going through .I'm hoping the directors are buying !!

[croasdalelfc] 20/11/2023 08:13

The schedule is for 950k barrels at $72.87 - 650k of that is the Q4 lifting of CWLH due in the next two weeks

[mount teide] 17/11/2023 17:38

Bloomberg - 'OPEC+ To consider whether to deepen oil-output cuts at next meeting on Nov 26th - According to three OPEC+ sources.'

[sea7] 17/11/2023 08:54

With oil prices under pressure, it is worth remembering ...

As required by the RBL facility, at 30 June 2023, the Group had entered into oil price swap contracts for 4.2 mmbbls, representing approximately 78% of the required hedging volumes, at a weighted average price of US$70.29/bbl. The hedging programme was subsequently completed in July 2023, with 5.5 mmbbls hedged over the Q4 2023 to Q3 2025 period at an overall weighted average price of US$70.57/bbl;

[mount teide] 16/11/2023 20:11

The October 2023 Akatara project progress video can now be viewed on our website at:



Project is 83% complete and remains on track for first gas in H1 2024.

[nigelpm] 16/11/2023 18:04

Got your numbers mixed up pughman

[pughman] 16/11/2023 16:55

JSE has spent $27m on the PM323 infill which has doubled production from 2650 to 5300boe/d, with still I infill well to come.
They then committed $102m to buy an asset that has produced 1800boe/d in 2023. Shareholders have continually been told about the plethora of deals available for JSE to pick from. Is this the best out there?

[nigelpm] 16/11/2023 14:20

Latest Akatara video - lots of progress since last one:

hxxps://www.jadestone-energy.com/wp-content/uploads/2023/11/Akatara-Development-Video-October-2023-with-music.mp4

[mount teide] 16/11/2023 12:02

Jadestone sees bright future for mature Australian oilfields asset - Upstream Energy 15th November




There are 13 subsea production wells tied back to the Okha FPSO, of which 10 are capable of producing hydrocarbons - currently, only 5 are in production.

* One well tied back from the Cossack field
* Eight wells tied back from the Wanaea field
* Two wells tied back from the Lambert field
* Two wells tied back from the Hermes field

[fardels bear] 16/11/2023 09:56

Oui, d'accord, mon ami.

[winnet] 16/11/2023 09:16

These fund managers are at it, churning away like Billi-ho. Sating one thing, doing another.

Look at the volume and then correlate that with the holdings RNS's we get... IMO.

Still, a golden cross is tres bullish.

[fardels bear] 16/11/2023 08:39

It seems to me that nothing happens on the share price until some buys arrive. Then the sells arrive almost as in retaliation. Or am i to believe some iis are nickle and diming this for a penny here or there?

[winnet] 15/11/2023 15:04

bid dropped again. This is not a share to day trade!

[lord gnome] 15/11/2023 14:33

Nice thought but I doubt it. Bid now up to 33.26p, so at least it's moving in the right direction.

[s34icknote] 15/11/2023 14:24

Seller cleared ?

[sea7] 15/11/2023 10:23

Europe’s renewable energy push is destined for ruin


According to energy economist Anas Alhajji, only about 3% of global electricity is produced from oil. No matter how quickly we are building out wind and solar, then, this will only have a very small effect on the need for crude oil, and that demand is going to grow. The wealthiest billion people on the planet use roughly 13-14 barrels per capita of energy; the other seven billion inhabitants, by comparison, only use about three barrels per capita. Unless we assume that 7/8ths of the world’s population have no interest in improving their living standards, global energy consumption will increase rapidly in the coming decades, just as it has in the past.

Can it be covered by renewable energy alone? The largest investor in renewables is China, but at current investment levels it would take Beijing 211 years to reach Net Zero. Looking at these numbers, it is no surprise that in 2022 China used more coal than the rest of the world combined.

[mount teide] 15/11/2023 10:19

Net Zero? What Net Zero?

With a combined population of 2.7 billion China and India are still predominantly focusing on coal to meet their rapidly increasing demand for energy, never mind transitioning to gas and oil:

In April 2021, Chinese President Xi Jinping pledged to “strictly control coal-fired power generation projects” in China. Two years before that pledge, China had approved 127 new power generating plants capable of producing 54 gigawatts of coal power. Two years after that pledge, the number had risen to 182.

India is on schedule to increase coal production by circa 58% by 2030. The coal ministry recently announced plans to increase India's coal production to 1.4 billion tonnes by 2027, with a potential further boost to 1.58 billion tonne by 2030. Current domestic coal production is circa 1 billion tonnes.

The US is on target to generate record Coal, Gas and Oil production in 2023.

These three countries currently generate 49% of all global CO2 emissions.

Meanwhile in the UK, which accounts for 0.9% of global CO2 emissions, as a result of the political push to ultra expensive 'renewable' energy our fuel bills are one of the highest in the world(only renewables 'king' Germany is higher, post the shutdown of cheap imported nat gas from Russia) and, we're increasingly being charged to drive in urban areas, and coerced/forced to 'upgrade' our heating and insulate our properties. What a scam......by grandstanding politicians, keen to demonstrate their 'green' credentials!

[sea7] 15/11/2023 09:34

More authors call for Baillie Gifford to divest from fossil fuels



MORE authors have joined calls for the Scottish investment bank Baillie Gifford to cut ties with the fossil fuel industry.

In August, climate activist Greta Thunberg cancelled an appearance at the Edinburgh International Book Festival due to the event being sponsored by Baillie Gifford.

She said she could not attend due to Baillie Gifford’s investments in the fossil fuel industry and said its sponsorship of cultural events amounted to “greenwashing”.

The group Fossil Free Books (FFB) has since issued a statement calling on the 12 book festivals currently sponsored by Baillie Gifford to urge the company to divest from fossil fuels.

[fardels bear] 15/11/2023 09:22

You would, wouldn't you. I don't know why they never do.

[lloydypool] 15/11/2023 09:09

If its BG still, it would seem that they are out of the business of making money and prefer to pander to their woke overlords ... hopefully investors will vote with their own money and show them "go woke, go broke".

[donald pond] 15/11/2023 08:52

Very little volume today so interesting to see the price on the move. Maybe the seller is either cleared or has paused. If I was the company broker I'd be on the phone to the seller and saying "we've had 2 very good RNSs, if you stop selling share price will start rising and you can let them go gently at a higher level"

[fardels bear] 14/11/2023 21:49

I think there is another CWLH purchase to come yet. Another penny on the share price Yippee!

[s34icknote] 14/11/2023 20:37

Seller cleared ??