Jadestone Energy plc Provides Production Guidance for 2023 and 2024
January 15, 2024 at 07:00 am
Jadestone Energy plc provided production guidance for 2023 and 2024. For the year, production is estimated to have averaged 13,800 boe/d, just above the top end of the implied annual 2023 guidance range of 12,600-13,700 boe/d, driven by strong performance from PM323 (Malaysia) and Montara into year-end. 2023 guidance range of 12,600-13,700 boe/d, driven by strong performance from PM323 (Malaysia) and Montara into year-end.
For 2024, production expected to average 20,000-23,000 boe/d, a c.55% increase on 2023 at the midpoint.