Business
Update on Stag Infill Drilling
Update on Stag Infill Drilling.
About this update from Jadestone Energy Plc
[{"type":"text","content":"\n \nRNS Number : 8022U Jadestone Energy Inc. 02 April 2019 \n\nJadestone Energy Inc.\n \nJadestone Energy Provides an Update on Stag Infill Drilling\n \nApril 2, 2019-Singapore: Jadestone Energy Inc. (AIM:JSE, TSXV:JSE) (\"Jadestone\" or the \"Company\"), an independent oil and gas production company focused on the Asia Pacific region, provides an update on the drilling of the 49-H infill well at Stag oilfield. \n \nFollowing the weakening of tropical cyclone Veronica, personnel have safely returned to the field and have undertaken a thorough inspection of the facilities. Drilling operations with the Ensco 107 jack-up rig have now recommenced on well 49-H. The donor well Stag 14-H has been re-entered and cleaned out, inner casing has been cut and retrieved, and new well activities are underway. \n \nThe Stag 49-H well will take approximately 34 days to drill, and is targeting approximately 1.2mmbbls of unswept 2P oil reserves in a higher-pressure area of the Stag oilfield, just west of the platform. \n \n- Ends -\n \nEnquiries\n\n\n\n\nJadestone Energy Inc.\n\n\n+65 6324 0359 (Singapore)\n\n\n\n\nPaul Blakeley, President and CEO\n\n\n+1 403 975 6752 (Canada)\n\n\n\n\nDan Young, CFO\n\n\[email protected]\n\n\n\n\nRobin Martin, Investor Relations Manager\n\n\n \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\nNicholas Rhodes\n\n\n \n\n\n\n\nAshton Clanfield\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nBMO Capital Markets Limited (Joint Broker)\n\n\n+44 (0) 20 7236 1010 (UK)\n\n\n\n\nThomas Rider\n\n\n \n\n\n\n\nJeremy Low\n\n\n \n\n\n\n\nThomas Hughes\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\nGeorgia Edmonds\n\n\[email protected] \n\n\n\n\nBilly Clegg \n\n\n \n\n\n\n\nJames Crothers\n\n\n \n\n\n\n\n \n \nAbout Jadestone Energy Inc.\nJadestone 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. \n \nThe Company has a 100% operated wor...