Full Year Results 

Jadestone hit by Montara shutdown

Jadestone hit by Montara shutdown

Ongoing maintenance issues will always exert a disproportionate influence on junior oil & gas drillers, so although Jadestone Energy (JSE) more than doubled revenues through 2018 - albeit against a nine-month comparator – the Asia Pacific-focussed driller still booked a statutory loss due to increased production costs and inventory movements, with production held in check by a temporary shutdown at its recently-acquired Montara facility, and problems at the Stag operation.

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