EXPLORATION

Jadestone keen to restart Montara field

THE COMPANY acquiring the notorious Montara oil field in the Timor Sea off the coast of northern Australia from Thailand oiler PTTEP, has announced that maintenance, testing and completion works at the field have now been completed and operations are expected to resume following an enforced shutdown by Australia's regulator in November.

Jadestone keen to restart Montara field

Facilities are currently undergoing the final stages of pressure testing to ensure asset integrity and production safety and the company is awaiting regulatory approval to restart production from the well. ...

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