Business
Closing of US$200 million RBL Facility
Closing of US$200 million RBL Facility.
About this update from Jadestone Energy Plc
[{"type":"text","content":"\n\n\n\nClosing of US$200 million RBL Facility\n \n22 May 2023 - Singapore: Jadestone Energy plc (\"Jadestone\" or the \"Company\"), an independent oil and gas production company focused on the Asia-Pacific region, is pleased to announce that further to its announcement on 19 May 2023, the Company has closed its new reserves-based lending facility following satisfaction of the conditions precedent.\n \nFor further information, please contact:\n \n\n\n\nJadestone Energy plc\n\n\n\n\n\n\n\nPaul Blakeley, President and CEO\n\n\n+65 6324 0359 (Singapore)\n\n\n\n\nBert-Jaap Dijkstra, CFO\nPhil Corbett, Investor Relations Manager\n\n\n \n+44 7713 687467 (UK)\n\n\n\n\n\n\n\[email protected]\n\n\n\n\n \n\n\n\n\n\n\n\nStifel Nicolaus Europe Limited (Nomad, Joint Broker)\n\n\n+44 (0) 20 7710 7600 (UK)\n\n\n\n\nCallum Stewart\n\n\n\n\n\n\n\nJason Grossman\n\n\n\n\n\n\n\nAshton Clanfield\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nJefferies International Limited (Joint Broker)\n\n\n+44 (0) 20 7029 8000 (UK)\n\n\n\n\nTony White\n\n\n\n\n\n\n\nWill Soutar\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\nCamarco (Public Relations Advisor)\n\n\n+44 (0) 203 757 4980 (UK)\n\n\n\n\nBilly Clegg\n\n\[email protected]\n\n\n\n\nGeorgia Edmonds\nElfie Kent\n\n\n\n\n\n\n \nAbout Jadestone Energy\nJadestone Energy plc 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, Malaysia, Indonesia, Thailand and Vietnam.\n \nThe Company has a 100% operated working interest in the Stag oilfield and in the Montara project, both offshore Australia. Both the Stag and Montara assets include oil producing fields, with further development and exploration potential. The Company also has a 16.67% non-operated interest in the North West Shelf Oil Project offshore Western Australia, comprising four oil fields containing significant upside potential through potential infill drilling and life extension activities.\n \nThe Company has interests in four oil producing licences offshore Peninsular Malaysia; two operated and two non-operated positions, and a non-operated 9.52% interest in the Sinphuhorm producing gas field onshore Thailand.\n \nFurther, the Company has a 100% operated working interest in two ...