Montara acquisition triples Jadestone's output

JUNIOR producer Jadestone Energy has released its 2019 guidance ahead of announcing its full year results, and expects its overall production rates to triple thanks to its recent acquisition of the Montara oil field in offshore Western Australia.

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Jadestone secured the 100% stake in Montara from PTTTEP recently - although it is still waiting on regulatory approvals - adding it to the Stag field in northwest Western Australia and its