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Jadestone Energy has completed the previously announced acquisition of a 9.52% non-operated interest in the producing Sinphuhorm gas field and a 27.2% interest in the Dong Mun gas discovery onshore northeast Thailand.
Investegate announcements from Jadestone Energy PLC, Completion of Sinphuhorm Interest Acquisition
Jadestone Energy has signed an agreement to acquire stakes in gas fields onshore Thailand from Salamander Energy.
Jadestone Energy has executed a sale and purchase agreement with Salamander Energy (S.E. Asia), an affiliate of Medco Energi Internasional, to acquire a 9.52% non-operated interest in the producing Sinphuhorm gas field and a 27.2% interest in the Dong Mun gas discovery onshore northeast Thailand. The headline cash consideration is US$32.5 million.